ICPUST trade ideas
Top of the weekendnice opportunity rich weekend,
crypto is moving again
but this is the top for this weekend
hard to say what's next
im afraid we go back down there :D ....
but weekly rsi is @ bullish zone
w a bearish divergence possibility tho..
conclusion,
HTF
accumulation / consolidation / range
LEVELSJust some levels to keep an eye on
might have visitations briefly now that everyones pumped up again >.<
scalpEuropes turn to throw the chips on the table
seems to be consolidating
1h rsi seems to be getting rejected and turning down
HLMaybe, just maybe it's finally time for that long waited HIGHER LOW @ the green zones ?
@ weekly RSI is indicating bearish divergence
618icp had some good momentum there, now maybe time for a small pull back , 618 fibo there waiting nicely
🔥 ICP Long-Term Trend Shift: Short-Squeeze PotentialIn the past I've written many times about ICP's terrible performance and price action. It was one of the worst performing tokens of the last 2.5 years, with a serious risk of never going up again.
But, where there's pain, there's also opportunity. With ICP losing over 99% in value in 2.5 years, it has some serious potential to pump. Not saying that we're going to see new all-time highs, but a move towards 100$ is still in the cards.
The weekly RSI has hit it's highest level since ICP started trading on Binance. This is a bullish metric in itself.
Furthermore, with ICP being so weak, it was a shorter's dream come true. I reckon there's a lot of shorts currently wondering whether to close their short position or to leave it open.
If BTC (and alts) continue to rise, ICP will rise with it, making more and more shorters close their positions, which leads to even more bullish price action since they have to buy their positions back. This could cause a short-squeeze in ICP's price.
All in all, I think it's quite possible that ICP's lows are in and that we're going to see a long-term trend shift.
ICPUSDT"As we enter the bullish season, the initial target to aim for is
target : 68 🎯.
This is based on a combination of technical analysis indicators and market trends.
However, it's important to approach trading with caution and adapt to changing market
conditions.
Keep an eye on key support and resistance levels, as well as any significant news or events that may impact the market.
Remember to use proper risk management techniques and consider setting profit targets along the way.
Happy trading!"
Icp 50%Hello
As the chart said ICP has found its trend and taking long position gives us 50% and more and more!
HealthyPerhaps close to a local hi followed by healthy pullback to make the HIGHER LOW n then continue or we shall see what kind of news they manufacture to us
ICP Shakeout Below Pivot: BULLISH🚀 Internet Computer (ICP) has charted a promising course in the crypto waters with a significant breakout pattern – the cup and handle. This bullish setup, combined with a substantial triangle breakout, suggests that ICP is gearing up for a significant uptrend in the near future. 🌐🚀
Setting the Stage: The Triangle Breakout
ICP recently made a notable move by breaking out from a substantial triangle pattern, signifying a potential shift in its price trend. Triangle breakouts are essential indicators of impending price movement, offering traders and investors an opportunity to capitalize on emerging trends.
Cup and Handle: A Bullish Prelude
Adding to this momentum, ICP displayed an intriguing cup and handle formation on its daily chart. The cup and handle pattern is a classic sign of a bullish trend continuation. It reflects a temporary consolidation phase, like sipping from a cup, followed by a strong, upward move, akin to the handle of the cup. This pattern is revered for its potential to push prices higher.
Trading Strategy: Navigating the Crypto Seas
For traders and investors, ICP's recent price action and patterns are noteworthy. It's crucial to observe these developments and consider them as part of a comprehensive trading strategy. Implement effective risk management to navigate the often unpredictable crypto market.
Conclusion: ICP's Voyage Into Bright Waters
Internet Computer (ICP) is embarking on a voyage into brighter waters, marked by a triumphant triangle breakout and a classic cup and handle formation. These patterns signal the potential for bullish price movement in the coming days and weeks.
🚀 Crypto Insights | 💡 Trading Strategies | 💰 Market Analysis
❗See related ideas below❗
Feel free to share your thoughts and insights on ICP's chart developments. . 💚🚀💚
ACCUMULATIONICP might be at THE zone for building longs, but we still need to make a
HIGHER LOW
There is a good clear target zone @ 10$
Also 25$ but that's a story for another time
ClearingIcp is bullish n clearing its way
Rsi turning even on the htf
Now we need is a hl by doing this
ICPusdtICP is good coin with good fundamental.
but i think this cant got highers targets i try best targets on best time on this bullrun can got that i show you.
gl
EntryPoint:
3.775
3.517
3.325
3.140
Supports:
2.895
2.612
2.290
2.138
Resistances:
3.984
4.428
Targets:
4.923
5.725
6.939
8.859
10.060
12.086
Midtime:
17.034
21.730
29.670
HODL:
41.781
53.348
72.775
102.572
126.761
GOAL
178.661
GL
ICPUSDT 1DAfter an upward movement of the icp, we should wait for a corrective movement that will continue to the demand area, and this movement will start, or better said, the continuation of the upward movement of the ICP to the specified supply area, i.e. the $5.25 area.
CccleeeanIcp has started to trend up
B. E. A. U. T. I. F. U. L. L. Y
RSI claiming strong ground,
Medium term double bottom
But possibly still just an accumulation n looking for small isj pullbacks starting now
ICP/USDT Break the descending channel, Bullish Momentum for ICP 💎 ICP has certainly grabbed our attention. Currently, ICP has broken out of the descending channel pattern, marked by a robust volume and a pronounced green candle. As it stands, ICP is positioned between supply and demand zones, making it prudent for us to await further confirmation.
💎 While ICP hasn't yet undergone a retesting phase post-breakout, there's a likelihood it might gravitate towards the demand level at $2.983 for a healthy correction, setting the stage for a potential upward surge. However, should ICP directly breach the supply zone, it could swiftly ascend to the next supply level.
💎 On the downside, if ICP exhibits a false breakout and the demand zone fails to hold against selling pressure, ICP might revert to the strong support zone. The bullish outlook would be jeopardized if this support is breached and a candle closes beneath it.
ICP Currency Currency Signal AnalysisIs incapable of failure resistance and is in response to resistance
A negative divergence is observed in RSI and is expected to have a stereotype
And to the side of Ardar Block and then to support and collect liquidity
Some of this position has a risk and can hit a top
ICP: Approaching ResistanceThe Internet Computer (ICP) technical analysis:
Trade setup : Following a bullish breakout from Falling Wedge pattern, price has reached our target of $3.50. It is now overbought (RSI ~ 70) and could pause briefly. Trends are improving but price needs to break above the 200-day moving average (~$4.16) to confirm an Uptrend.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order.
Trend : Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $2.87. The nearest Resistance Zone is $3.50, which it broke, then $4.50, and $5.00.
ICP - longHello my fellow traders, ICP weekly chart is so clean. With price testing resistance, I am waiting for close above this level (reclaim) to position my self LONG !!
Good Luck traders :)
resistancelooks to me that ICP ran into triple resistance,
But BTC is gaining more bullah juice n some earlier mentioned ALT
ICP/USDT Secondary trend. accumulation channel. Reversal zoneLogarithm. Time frame 3 days.
In a month there will be the last unlock of coins in August. Now the price is in the price zone - ICO 2018. The accumulation channel is currently 431 days. A fractal structure is observed with a previous exit from a local triangle. He showed two options for a local interchange in the accumulation zone:
1) exit from the local triangle as before.
2) and with the removal of stop-loss (descending pennant).
The first significant resistance zone after exiting this accumulation (a large bowl is formed) is around +300% (not price lows and highs, but an average value).
This is what it looks like on a linear price chart.
Main trend.
ICP/USD Main trend. Reversal zone. 911 (publication 3 11 2022).
the main trend (all trading history) at the moment.
