ICP - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
ICP is sitting around a strong round number 20.0 so we will be looking for buy setups.
on DAILY: ICP is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, ICP would be overall bearish can still trade lower till the lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ICP
ICP/USDT 44% profit within week#ICP/USDT
$ICP currently trading at $33
And We shared entry at $22-$25
Now almost 44% Profit from our entry zone.
$ICP trying to break Big resistance at $42
So Let’s see it will hit or not
And if hit then Break or not.
Now You can book some profit here.
Support:- $28/$20
Resistance:- $42/$75/$128/$300
ICPUSD buying opportunityDear traders
In our opinion the current situation in ICPUSD chart is a typical fakeout. ICP broke below the crytical support and created new low. Taking into consideration the current market conditions (extended fear and potential bullish breakout for BTC) , we expect ICPUSD to come back into the range soon.
27 - 80 usd is an accumulation range. Once we break it, ICP is going to fly. However, we expect longer accumulation (6-8 months) .
Multiple profit taking levels for those who wants to trade inside the accumulation range.
Hodlers shouldn´t be worried. Buy , hold and be patient. Patience is a key.
ICP dumped hard like every new coin. Remember CRV listing? Where is CRV now? Don´t sleep on ICP
This coin may be the best bet for 2022. Strong fundamentals.
Moreover, web3 sector is going to have its hype in 2022
No financial advice
ICP going for a dip?The observation is simple. The daily RSI and Money Flow indicator are showing signs of bearish continuation divergence. This signifies that bulls are loosing momentum and a bear takeover may be just around the corner.
Every time the RSI and MFI reached the upper levels we saw a dip. The first time we saw a 25% dip the second time was this November and we saw a 65% dip. I was hoping for a more robust bounce (at least to the upper trend line of the falling wedge but it seems like we could be looking at retesting the $20's sooner rather than later.
ICP will explode in 2022Recently we have published ICPUSD analysis.
Simple analysis based on ranges.
We expect ICPBTC pair to outperform bitcoin in 2022.
ICP may be one of the best performing altcoins in 2022.
Don´t sleep on ICP .
Targets like in the chart. However, if we get rejected at the short-term resistance, we may see further downtrend and new lows.
Trade smart
No financial advice
ICP - Reversal Wedge!Some more price action has appeared which has given us more of an indication as to what may happen next. We are seeing a descending wedge, which is often a reversal pattern. Looking for ICP to make one more move down before we load up for buys!
Short Term Trade Idea (SHORT):
- Watch for a break of the ascending trendline on lower timeframe
- Enter with stops above the recent correction highs
- Target the 10-12 area
Swing Trade Idea (LONG):
- Watch for strong bullish pressure at the -0.618 level (10-12)
- Enter with stops below that level
- Safe entry after the break of the descending wedge
- Target the recent highs as first target and hold the rest!
Let us know what you think. Goodluck!
Is ICP going to break this resistance?A local trend line can be identified on the ICP chart. The bulls tried to break this trend line, but it ended up as a false break. After that, we see a continuation of the decline. Now the price could come down below the low and collect liquidity or try to break the trend line again and head upwards. In both cases, a breakdown of the trend line could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
ICP bottoming pattern?Any sort of short term bullish breakout went out the window once we broke the $40 floor a few weeks ago. At this point I don't believe ICP has it in it to break into some higher figures without spending sometime consolidating in this $20-$40 range we've found ourselves in.
With that though in mind and short of any hyper bullish catalyst I could see longer term bottoming pattern play out. Something like the chart shows. A potential inverse head and shoulders break out of this macro falling wedge.
If this is the case then we could see ourselves playing in this $20-$40 zone for a few months before we see much higher price action. Perhaps towards the Spring of 2022 we could see a real breakout followed by a sustained uptrend into a market cycle top.
ICP/USDT -94% down since Binance listing so Entry Time..?#ICP/USDT Request Chart:-
$ICP currently trading at $25
And Most important things is it’s almost -94% down since listing on Binance.
That time traded price was ~370
So now too much down but not mean its buy time accounting to Dump too much.
As per chart Now Good buying zone with Targets and Stop loss.
Accumulation zone = $22-$25
Targets:- $42/$75/$128 / Bonus
First need to break $42 resistance level for Upside Targets.
Stop Loss:- if any Daily candle close below $20 thats mean Exit time.
Internet Computer FractalICP is one of the biggest players for the Web 3.0 and could be the game changer. Its chart looks very similar to BANDUSD from sept 2019 and is showing the same pattern. According to the fractal projection, if it overlaps, ICP should reach $100k next year.
This is not a financial advice. Always Do Your Own Research.
Thanks for watching
ICPUSDT Bullish RiseICPUSDT bullish rise confirmed based on Previous resistence and breaking out of current downtrend.
Expect major resistence zone in a couple of weeks with a few pullbacks along the way. Pay particular attention to the resistence zone around 0.5fib line. Expet a consolidation and either rise or fall to an ATL.
If so, great potentional for Bears.
Crypto ICPUSDT (Sunshine After The Rain? )Crypto ICPUSDT (27 Dec 2021)
ICP in the slide (BIG slide) since beginning and we are seeing some rebound for the past few day.
It is facing its first hurdle near 28.65, and it may pass thru with one bullish push.
If it happens, I expect ICP may revisit to $38~$40 region.
Let's see.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
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