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ICP

Alikze »» DOT | Ascending channel - 8H🔍 Technical analysis: Ascending channel - 8H - It is moving in an ascending channel in the 8H time frame. - It has been in demand recently after hitting the bottom of the channel again. - According to the current form and structure, this upward movement can touch the targets specified in the chart with the support of the green box range. - In the first step, the first target will be the middle of the 4.68 channel, after which it can continue its growth up to the first supply area. - In addition, in the case of breaking and stabilizing above the middle of the channel, it will have the ability to grow up to the ceiling of the channel and the range of the second supply. 🛑 The most important resistance: ~ 4.68 💎 Alternative scenario: If the green box and the bottom of the channel are broken, the bullish scenario will be invalidated and the correction can continue until the origin of the movement. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:DOTUSDT
Long
by alikze
Alikze »» ALGO | Ascending corner pattern🔍 Technical analysis: Ascending corner pattern - It is moving in a downward channel in the daily time frame. - It was mentioned in the analysis presented in the previous post, after the failure of the supply zone, it will have the ability to continue the trend until the next supply zone. But it faced selling pressure in the first supply area, which led to a correction of 0.23 from the previous wave. -Currently, it is in a corner pattern, which after the break of the channel, a pullback to the roof of the descending channel has been done. - Also, with the support of dynamic trigger, it can lead to escape from density. - Therefore, by leaving the density, it will have the ability to reach the specified goals and also the supply area. 💎 Alternative scenario: In addition, if it faces selling pressure in the area of ​​the high dynamic trigger and does not have a correction in the form of a soft landing, it can continue to correct up to the range of 0.097 with the failure of the low dynamic trigger. 💎 Note: If Fibo 0.23 is not maintained and below the stabilization zone, the bullish scenario will be invalidated and should be reviewed and updated. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:ALGOUSDT
Long
by alikze
ICPUSDT.1DObserving the daily chart for ICP/USDT, it's clear that the market has undergone various shifts, marked by the creation of significant high and low points. The price currently hovers around $8.622, nestled within a defined trading range. Trend Analysis: The ICP has been trending downward, as indicated by the descending red trendline on the chart. This trendline has been a consistent resistance, pushing the price lower on each attempt to break higher. The recent price movement suggests an upward trend might be forming, but it remains critical to see if the price can break and hold above this descending resistance. Key Levels: Support (S1): $4.681 - This level is crucial as it represents the most recent significant low. A breach below this could signal a continuation of the bearish trend. Resistance (R1): $11.125 - This level aligns with previous price peaks and the descending trendline. A breakout above this level would be a significant bullish indicator. Resistance (R2): $14.156 - This is the next significant resistance if R1 is surpassed, indicating a possible return to previous highs. Technical Indicators: MACD: The MACD line is above the signal line and both are above zero, suggesting a growing bullish momentum. However, the close proximity to the signal line advises caution. RSI: At approximately 59.57, the RSI is in a neutral zone, indicating no overbought or oversold conditions currently but leaning towards overbought territory. Conclusion: Considering the current setup, my strategy would involve watching for a decisive break above the R1 resistance level at $11.125. Such a move could validate a change in trend from bearish to bullish. Conversely, a drop below the recent support at $4.681 would reinforce the bearish trend and could indicate further downside. Given the current market signals, maintaining a flexible position to capitalize on a confirmed breakout above resistance or breakdown below support would be prudent. The inclusion of stop-loss orders to manage risk in case of sudden market reversals is also advisable.
by MarsSignals
ICP/USDT: POTENTIAL FALLING WEDGE PATTERN!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! ICP/USDT forms a falling wedge-like structure in the daily time frame. It breaks out from the wedge and is currently, going on for a retest. Accumulate it at the retest level. Entry range:- $7.7-$8.1 Targets:- $10.6/$13.4/$16.8/$19.8 SL:- $6.26 What are your thoughts on ICP's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
1
ICP/USDT on the Edge: Bearish Momentum or Bullish Breakthrough?The ICP has been in a continuous downtrend from March 2024, as indicated by the declining trendline establishing the lower highs from April onwards. This trendline has proven to be a significant barrier, as the price has frequently failed to break above it. The current price is about $7.358, below significant resistance levels at $8.549 and near an important support zone (Pink) at $6.403 - $6.846. The extended downward trend indicates that the market is failing to gain positive momentum, as evidenced by lower highs and the failure to break the descending trendline. Key resistance levels include resistance zone (Green) at $10.952 - $10.569 and $8.549, both of which have previously acted as significant rejection points. The price has struggled to rise above these levels, showing that the bears remain in charge. The resistance zone (Blue) at $15.148 - $16.265 is especially important since it represents a strong barrier that has constantly restricted upward momentum. This area might need strong buying strength to break out, making it a key level for any possible bullish shift. On the downside, the support zone (Pink) at $6.403 - $6.846 is currently acting as an important zone. This level has recently protected the price from additional drops, making it an important line of defense for the bulls. However, if the price falls below this support, it may indicate further downside possibilities, with the next support levels being $5.813 and, further down, support zone (Yellow) at $4.658 - $4.499. These levels could serve as potential floors if the selling pressure continues, but a drop below these levels might indicate a longer-term negative trend. The ICP price remains bearish, with the descending trendline continuing to restrict any significant price increases. The market is currently at an intersection with prices near critical support and resistance levels. Traders should keep a careful eye on these levels, as a break above the descending trendline might signal the start of a bullish reversal, while a break below the support zone (Green) could result in more losses. Overall condition is careful, with the bears keeping control unless there is a substantial shift in momentum.
by TheCryptoCity
ICP USDT 4H🔍 ICP/USDT Analysis: 4-Hour Timeframe 📉 The ICP/USDT chart on a 4-hour timeframe highlights significant upcoming times where price movements may present trading opportunities. It’s essential to analyze these signals in conjunction with higher timeframes for a comprehensive market view. • BUY DATE - September 1, 2024, 9:00 AM - Green Line: This time indicates a potential local low, offering favorable conditions for accumulating ICP or entering long positions. • SELL DATE - September 7, 2024, 1:00 PM - Red Line: This time marks a potential local peak, signaling a possible moment to reduce exposure or take profits. • BUY DATE - September 14, 2024, 1:00 PM - Green Line: Another potential local low, suggesting an opportunity to accumulate more or enter new positions. • SELL DATE - September 19, 2024, 1:00 PM - Red Line: Additional potential local peak, where reducing positions could be considered. When working with this 4-hour timeframe, remember to evaluate these movements within the context of the broader market trend, considering higher timeframes for a more global perspective.
Long
by trushkovskiy
ICP USDT🔍 ICP/USDT Analysis: Key Dates for Strategic Moves 📉 The ICP/USDT chart highlights important upcoming dates where price movements may present trading opportunities: August 30, 2024, October 17, 2024, December 17, 2024 - Red Lines: These dates mark potential local peaks. Traders should consider these as moments to take profits or reduce exposure, as the price might face resistance or a downturn. September 22, 2024, November 20, 2024 - Green Lines: These dates indicate potential local lows, offering favorable conditions for accumulating ICP or entering long positions. By aligning your strategy with these key dates, you can better position yourself to capture gains and manage risk effectively in the ICP market. #ICP #CryptoTrading #MarketAnalysis #Altcoins #Cryptocurrency #ICPUSDT
by trushkovskiy
$7.47 and $7.7 ResistancesThe ICP's price is within the $6.88 to $7.03 range. This range is considered a balance zone where the price may experience fluctuations. A closer examination of this area can reveal the strength or weakness of buyers and sellers. Key Levels: $6.88 to $7.03 Range: This range acts as a critical area for observing price reactions. Maintaining this level could indicate a return of buyer strength and the potential for a move towards higher targets. Price Targets of $7.47 and $7.7: If the price can break above the $7.03 level, it may move towards targets of $7.47 and $7.7. These levels act as potential resistances, and breaking through them could signal a strengthening of the bullish trend. $6.8 Support Level: If the price fails to hold the current range, the $6.8 level is considered an important support that could prevent further price declines.
by MonoCoinSignal
ICP plan for 2023BINANCE:ICPUSDT Possible Targets and explanation idea ➡️On weekly timeframe in accumulation zone -0.27 level ➡️Based on market mood indicator (white zone the best time for accumulation)we are now in yellow zone. When we will see red zone - out ➡️Probably we will going to close all weekly gaps in this range! ➡️Based on Take profit indicator on weekly we trade under real fundamental price (take profit line now at 26.15$) ➡️After 26 price waiting drop again to the buy line around 8-5$ Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
2
ICP - Support holding strong, bounce back expectedBINANCE:ICPUSDT (1W CHART) Technical Analysis Update ICP is currently trading at $79 and price has made significant retrace and currently it is around the support zone. We are expecting this support zone to hold price to bounce back from this support zone. We can enter a long term trade here and do DCA if the price falls down If the weekly candle closes below the support zone then we can enter a short trade. Entry level: $ 7.9 Stop Loss Level: $ 5.0 TakeProfit 1: $ 10.181 TakeProfit 2: $ 13.506 TakeProfit 3: $ 19.259 TakeProfit 4: $ 30.912 TakeProfit 5: $ 52.987 TakeProfit 6: $ 76.559 Max Leverage: 2x Position Size: 1% of capital Remember to set your stop loss. Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
ICP Buying OpportunityThe ICP came back to life at the end of last year and increased significantly. After May, however, it declined in response to the general market decline. But I think that decline is now over. The $8-9 area is a good buying zone for us. Especially considering that it is coming out of the downtrend. I don't think it will go below $8 from now on, but in a possible correction in the market, it could go down to $6.5-7 and come up. This is the ideal buying zone for us because if this happens, there is a potential double bottom pattern. My plan is to buy a large amount of ICP now and place a small buy order at the $7 level.
Long
by Not_the_richest_man_in_Babylon
1
Internet Computer ICP price shows signs of lifeAgainst the backdrop of today's software failures of millions of users around the world, it will be symbolic to consider a coin - #InternetComputer In the previous idea, 7 months ago, there was a recommendation: “place a pending buy order for CRYPTOCAP:ICP around $6 and wait” The minimum was $5.80 Basically, nothing has changed globally on the OKX:ICPUSDT chart - a long consolidation, heavy protracted growth, and then the same correction. The chart shows a 3D time frame. Therefore, this idea is probably more for those who have been holding #ICP for a long time, rather than a recommendation to buy it in an investment portfolio. Keeping the #ICPUSD price above $7.50-8 is a long situation. And then, if we are lucky, the price of #ICPUSDC will rise to $40 by the end of the year _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade