ICP - strong accumulation 😲🚀🌖The bull market continues and the pattern of accumulation is working very well right now. A recent prime example is ETH. The price was in accumulation for a month, after which there was a breakout of the upper limit of the accumulation and a strong rise. Now you can see a similar picture on the ICP chart. You can try to buy and hold as a medium-term spot position or wait for squeezing and breakout of the $77 level.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ICPUSD
ICPUSDT moving towards positive poleAs I predicted before ICPUSDT will move up. So far trade is moving in positive direction and It has positive potential entry point to move up 10X. First target will be 180.0 then 700.0 level. Both are initial targets. This pair will give you potential lower entry point to catch best price. Enter when price is between 25-40 level. If you like my ideas then support me by your comments and likes. Good luck.
Dfinity (ICP) • Above resistance and Trending Dfinity just broke resistance range. Volumes also look good for possible uptrend.
This coin got destroyed last months but it is now looking good for possible 330 levels (50% of whole correction from ATH)
Marketcap: $12B (#17)
Open interest: $6.97M
Funding Rates: Flat
ICP/USDT (Bullish Daily Breakout?)💎Technical Analysis Summary💎
ICP/USDT
-Internet Computer has finally broken the daily resistance area
-This is a good sign after 30 days consolidation above 54 dollars
-If the bulls can turn the old resistance to new support
-Then expect a further upside move up to $100 or higher
-By looking at the structure above, the potential strong resistance is at $120-$137
-That would be a perfect sell area for swing traders who entered before the breakout
-Our current trade on this coin is already in profit and we got the sweet spot
-I'll be moving my stop-loss at BE to protect my capital
-Good luck everyone and make sure to book some profit along the way
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If ICP breaks 77$, we will probably see 100$ right after! Here's a quick look at ICP 6 hr chart. As we can see, the price has formed a bigger bull flag and we could see a bigger breakout soon! Definitely one to keep an eye on. The best entry would be, when the price breaks above the level shown in the chart with good amount of volume. The thing with ICP is that there's no big resistance between 77$ and 100$ hence why it will probably skyrocket to 100$ after a the breakout form the 77$ level.
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The idea is: Buy the breakout from the level shown in the chart and take profits at the levels shown in the chart.
Targets:
1. 85$
2. 91$
3. 100$
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ICP Accumulation ScenarioBINANCE:ICPUSDT
Hello Traders
It's still early to confirm, but i believe ICP is accumulating for a breakout and a new swing which haven't yet happened, Once grow above the box we will see further upward movements.
Be aware that Without a reliable close above the box the scenario is totally useless.
Whatever it looks, first do research and have an exit plan.
#ICP #INTERNET_COMPUTER Technical Analysis#ICP Technical Analysis
View the classic patterns of double bottom and triangle along with drawing movement channels as well as assisting Fibonacci levels and obtaining cluster ranges.
According to the items specified for the triangle pattern target, the initial targets of this pattern is range 88 and the next targets are 111 & $ 128.
On the other hand, according to the double bottom pattern, the targets of this pattern are between $ 93 and $ 123.
By putting these together, we get to the cluster boundaries.
So according to the mentioned cases, the possible price targets for the next one to 4 months are:
1- 89$
2- 111$
3- 123$
The break-even point for this analysis is the consolidation below $ 54
Suitable range of entry: 69-63