ICP END OF PULLBACK?ICP is in the level of the previous big breakthrough. Additional to that, fib level is showing .618, Market is volatile, BTC is GREEDY, is this the time for Alts? (be cautious)
ICPUSDT trade ideas
#ICP/USDT LONG#ICP
We have a strong bullish flag that has been positively broken upwards.
Currently the upper limit of the flag has been broken to the top.
Expected growth of the pair with correction before completing the ascent
Price now 4.95
First Goal 6.18
Second Goal 7.27
Representing 170% of the current price
We have oversold on MACD.
ICPUSDT: Bearish Trend ICTUSDT.P is in Bearish Trend, due to make a strong Bearish Divergence and triangle Pattern. and Could not Break the HH's. So we can wait for Break the triangle pattern to confirmation of the Bearish Trend.
iCP: $6.55 | Playbook for Round 2 Buy back shall commence once price approaches buffer zone
Price artificially depressed from bottom seekers and Public hoping for a bounce
the more bids the more Liquidations fro .35 cents holders at the same time SHOrtS from the big 3 whales on Coinbase Binance and one other broker i forgot
40x should be decent and sub $1.0 entry cost back to $30ish
ICPUSDT.4HBased on the provided market data for the ICP/USDT pair, the current price of ICP is $12.187. The Relative Strength Index (RSI), a momentum oscillator that measures the speed and change of price movements, is 41.2 for the 4-hour chart, 63.22 for the 1-day chart, and 91.34 for the 7-day chart. This suggests that ICP is neither overbought nor oversold in the short-term (4h), while it is approaching overbought conditions in the medium-term (1d), and is significantly overbought in the long-term (7d).
The Moving Average Convergence Divergence (MACD), a trend-following momentum indicator, is negative for the 4-hour chart (-0.271) suggesting a bearish signal, but positive for the 1-day (1.772) and 7-day (1.644) charts suggesting bullish signals.
The Bollinger Bands (BB), a volatility indicator, for 4-hour, 1-day, and 7-day charts are -0.325, 14.945, and 12.298 respectively, suggesting a downward trend in the short-term, but upward trends in the medium and long-term.
The support levels, which are the levels at which the price seldom falls below, are decreasing as we move from short to long-term charts, indicating a bearish trend. The resistance levels, which are the levels the price seldom surpasses, are increasing as we move from short to long-term charts, indicating a bullish trend.
In conclusion, the ICP/USDT pair seems to be bearish in the short-term but bullish in the medium and long-term. The 7-day RSI suggests that ICP may be overbought and could be due for a price correction. However, these are just technical indicators, and other factors such as market news and overall market sentiment should also be considered. Always perform your own research before making any investment decisions.
ICPUSDT - where to buyhi traders
how are you?
ICPUSDT had an impressive run, but imo the top is in and it's time for a correction.
Next a few weeks we should see a price downtrendling.
Buy when the price reaches the buy zone (DCAing at 8,10 -7,20 usdt). From there we're expecing a new uptrend to start.
Target: 23,500 usdt
icp x25 project potential 2025icp x25 project potential 2025
support and resistance levels
take profit levels
fibonnacci extention
dyor
ICP ; some fibonacci levelsFib retracement with -1.618 levels through ca. 22,5$ towards last -1.618 fib. level
Big flag? lets up on ICP we can have wedge or big flag, lets go up, target for this patterns is 20-25 lets go
ICP- TARGETS HITStart checking out tokens recovery strength after this dump..that will give yiu an insight where the crowd is moving thus where the liquid will flow in or out from
CRYPTOCAP:ICP staying strong...(for now)...
ICP - Daily consolidation for next riseICP is in a consolidation phase above a crucial zone, indicating potential for a further rise following the pullback. This presents a prime opportunity to enter a trade with a strategically placed stop loss.
ICP going for $500ICP will be very bullish in the coming Bull market
●Holding $15 level will take ICP up for $18...
●Once $18 is flipped then ICP next upward target will be $24
●This scenario is valid if we get daily and weekly candle closing above $15..
●Then holding $15 is important for next leg up
■For bull market I might see ICP going for $100 or even up
Mock Up Price Action for ICP | Near-Mid Term (12HR)Mock Up Price Action for BINANCE:ICPUSDT | Near-Mid Term (12HR)
- Watching and waiting for opportunities to enter short
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Additional Remarks
Still watching and waiting for a movement like this before I consider entry into short. My most likely scenario to play out will be continued BTC ETF approval speculation and hype driven bullish pump for market leading into SEC decision, then upon the news dropping good or bad (IMO likely good and green light ETF approvals), a "buy the rumor sell the news" short term healthy pullback for the market. BTC has run for the past couple months and so in January my anticipated small/normal pullback correction and people taking profits playing to the buy the rumor sell the news.. Which this in my observation would initially present like a panic sell off of everything, but once folks realize BTC isn't going into the dirt and things stabilize out, range and accumulate, then ETH to take a turn in February next, before then the ALTs February into March. Money flowing from Large to Mid to Small to Micro cap as is the natural progression of things. And in March with the market having confirmed recovered and run bullish for all this time, some kind of bullish recovery top and then massive cascading dump leading into the BTC Halving event March through April, pulling back hard recovering, then May the beginning of a steady climb up and true bull cycle. I'm not chasing anything right now, as I believe its too risky to assume one way or the other. I Entered the market and made my trades October through November and essentially pulled out of all short term speculative positions/trading. I am now taking the opportunity to observe the market, watchlist and monitor the winners and price actions, map out potential bullish and bearish targets, and simply patiently wait for whatever this correction / crash / rug pull moment before cherry picking re-entering the market in earnest. Until then I will simply take advantage of quick trades in and out, in parallel to just accumulating my mid to long term bags of things I actually believe in like OKX:CSPRUSDT and BINANCE:XRPUSDT
ICP (Internet Computer Protocol)On-Chain Analysis:
Analyzing on-chain data for ICP involves looking at metrics such as transaction volume, unique addresses, and token distribution. A growing on-chain activity could signify increased usage and interest in the platform, potentially supporting a bullish trend.
Fibonacci Levels:
Applying Fibonacci retracement levels to ICP's price chart can help identify potential areas of support and resistance. A strong breakout above key Fibonacci resistance levels may indicate a robust upward momentum and potential for further price appreciation.
Widespread Adoption:
For ICP, widespread adoption would mean increased usage of its Internet Computer protocol for decentralized applications and services. Partnerships, developer interest, and real-world applications leveraging ICP could drive demand for the token, contributing to its long-term value.
Long-Term Price Target:
In a scenario where on-chain metrics continue to strengthen, Fibonacci levels are convincingly breached, and the Internet Computer protocol gains significant adoption, a long-term target of $1100-$1200 for ICP isn't implausible. However, it's important to exercise caution and recognize the speculative nature of such predictions in the dynamic cryptocurrency market.
Risk Factors:
The cryptocurrency market is subject to various risks, including regulatory changes, technological challenges, and market sentiment shifts. Investors should be aware of potential pitfalls and conduct thorough research before making investment decisions.
ICP Forms Cup and Handle Pattern Daily Potential Up to $20.9I see ICP coins have a cup and handle pattern or CnH. It is seen in a 1 day time period forming a cup pattern and in a 4 hour time period forming a handle pattern.
If this is valid, then the coin's ICP could potentially rise all the way to $20.9 or more.
ICP/USDTTRADE ALERT! ICP
Ticker: ICP/USDT
Entry:1.26-1.30
Take Profit: 14.6-15.30
Stop Loss: 11.422
Risk to reward: 1:2
Technical Thesis: We have $12.6 a support area.
Once ICP comes to this zone.
We can go for long.
ICP/USDT Ready for Another Bull Rally? 👀🚀ICP Analysis💎 Paradisers, direct your focus to ICPUSDT as it undergoes a crucial phase in the market. The asset is showing signs of a potential breakout from its descending channel.
💎 Analyzing #InternetComputer's market trend, it has been consistently moving within a descending channel. At this juncture, ICP is poised to challenge a former resistance level, now serving as support at $8.813. There's a significant possibility that ICP could leverage this level to initiate a bullish trend, targeting the notable supply level at $13.
💎 However, in the ever-changing crypto market, #ICP traders must be prepared for various scenarios. If ICP does not sustain its bullish trajectory, a change in market direction could be on the horizon. Traders might then need to recalibrate their strategies, considering a bullish resurgence from a lower support level at $8.81.
💎 If ICP falls below this additional support level, a strategic reassessment would be crucial. This shift could suggest hurdles in maintaining the bullish trend, requiring an adaptation of trading strategies.
💎 Stay strategic and flexible, Paradisers. Your ParadiseTeam is dedicated to navigating you through these market changes, ensuring you're well-prepared for effective and informed trading decisions.
Icp chartIcp chart. This is done using an experimental method this is not financial advice. Support and resistance levels. Projected for to hit at least $18.
ICP - Measured Move Complete! Pullback to $8.23 then $4.80!?ICP executed a beautiful measured move in three legs; a breakout from the first to the second leg with an ascending triangle(per my last analysis), broke resistance, and landed on the measured move target. We're now witnessing a pullback but is that where the drop will end?
How do we trade this? 🤔
We need to wait and see what happens to the price after it interacts with what was previous resistance, around the $8.23 price area. If we get strong support it's reasonable to consider a long scalp. I wouldn't plan a swing trade on this timeframe since the price action has been running hot; three pushes up with a 320% increase in price from bottom to top, RSI went up to 91 and is still at 68.00, now below the moving average, etc.
These data do not support longing, at least on this timeframe. We also do not want to jump into a short right away, the strong sell signal and confirmation candles need to close before we can make such a move. Look for a break below the Resistance Zone and a re-test of the level that fails. A strong bear bar closing on its low at the $7.95 area is enough justification to enter a short. It's reasonable to take 1:1 Risk/Reward level profits around $7.20 and swing the rest to 1:3 or until you see a buy signal.
Until we see the bear confirmation, we ought to remain on the sidelines or zoom into the 5m or 15m timeframes.
💡 Trade Ideas 💡
Short Entry: $7.95
🟥 Stop Loss: $8.65
✅ Take Profit: $6.55
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Breakout of Ascending Triangle, Measured Move Up!
2. Measured Move Target Hit, Pullback to Resistance Zone.
3. Watch for Support at Resistance Level $8.23.
4. RSI at 68.00 below Moving Average, Supports Pullback to Resistance Zone.
5. Watch Bitcoin near the $46,000 level, looking for a Trend Change.
💰 Trading Tip 💰
Bear flags in the proper context, provide over a 60% probability that a trend will continue. This provides justification to enter a short trade.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
ICPusdtThis project is my favorite, even though I don't have any of this coin now and I had to sell it because of debt. But I envision a good future for this coin and I think it can go up to at least $85, but maybe not in the short term. I hope this opportunity will come again for Yemen
Do your research and then buy.
Good luck
EntryPoint:
11.911
10.500
8.980
Supports:
7.920
6.613
5.258
3.933
3.376
Resistances:
13.214
14.650
Targets:
17.054
20.460
25.934
39.388
35.135
MidTime:
49.047
62.234
84.223
HODL:
117.715
149.364
202.139
282.016
and GOALS:
Be careful with higher goals because the inflation in this currency has not been good, the maximum amount in this currency is not clear, it may not be available anymore.
347.110
485.247
GL
Signal for Bullish Trend, Retesting is chance to joinOn week chart
Last week, ICP has closed the week candle above $9,95 so that's a signal for Bullish and reverse trend from downward to up ward
I expect ICP might reach to 25 - 70 this time
Wait to join
