Internet Computer (ICP) formed bullish Shark for upto 62% rallyHi dear friends, hope you are well and welcome to the new trade setup of Internet Computer ( ICP ) with US Dollar pair.
Our last successful trade of ICP was below:
Now on a 4-hr time frame, ICP has formed a bullish Shark move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ICPBTC
$ICP/#BTC [#Internet Computer]: BBand_Breakout Super-TrendOn the $ICP / $BTC chart, we can see a Bollinger Band breakout and a Super Trend pattern. Both indicators are indicating a bullish trend, with the Bollinger Band indicating a probable positive trend as the price has moved outside of the upper band and the Super Trend indicating a bullish trend. Because both indicators are in sync, this is a stronger bullish indication. To buy at the current price range and aim for higher levels would be a solid option. Our analysis indicates that the key resistance levels are at 0.0002595 | 0.0002733 | 0.0002969 and the major support zones are at 0.0002359 | 0.0002261 | 0.0002025.
Technical Metrics :
Current price: 0.0002565
24H Volume: 28.3953 Ƀ
24H Price change: 7.322%
- Pivot Points - Levels :
Resistance: 0.0002595 | 0.0002733 | 0.0002969
Support: 0.0002359 | 0.0002261 | 0.0002025
Indicators recommandation :
Oscillators: SELL
Moving Averages: STRONG_BUY
Technical Indicators Summary : BUY
- In-depth ICPBTC technical analysis on > Tradingview TA page
What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
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ICP Breakout Major ResistanceHello Traders,
The web3, AI, and data narratives in blockchain are getting hype lately and i think it will be new trend. Especially data service such as indexing, oracle, etc., because it will be the foundation of web3 and AI including ICP project.
Based on Dfinity roadmap, ICP not only want to be a full web3 infrastructure but also make defi run on its own network that will attract a lot of liquidity. This vision is shown on the chart itself that ICP was showing strength since early of 2023 and just breaking out the major trendline resistance on btc pair from 4H - Daily time frame.
Possible short term target 3400 - 3700 sats
Midterm target 4600 sats
Can wait for pullback below 2900 sats to entry
Cheers!
✳️ Internet Computer | Bulls Confirmed!Everything we predicted is becoming truth.
The market is now confirming hundreds and hundreds of charts we published...
Only trust and patience are needed when you are being guided.
ICPBTC just produced a strong bullish breakout and the rest will be history.
What follows is simply additional growth.
I will start adding the previous trade ideas on the 'Related Ideas' below for each pair.
Make sure to enjoy the profits.
Enjoy the ride...
If you missed one opportunity, many more are on the way.
Endless opportunities this life has to offer.
Namaste.
ICP Small correction before we go UP!As I told in my previous analysis, ICP broke very important 486 days long falling channel. We also broke the 4.60 resistance which is nice. Now, market is a bit overpriced since RSI are really high. So I expect small correction before more up movement till 9.80.
I will open position around 4.80-4.60 according to the reaction on that interval. Good selling point is 9.50-9.80.
This is my trial. Not a financial advice.
The price is likely to decline furtherThe first important support of the ICP is considered in the range of $4.6-4.8, but due to possible selling pressure, and because the last ceiling and floor in the 4-hour timeframe have not yet been broken to the upside, the price is likely to decline further. On the support side, there is a support range of $4.4 to $4.3. Therefore, considering the good price movement in the daily timeframe, we expect a strong positive reaction from these two support levels. Also, using the Fibonacci correction tool, the support range of 50% of the correction wave has been placed on the first static support, so this support is more confirmed.
Bottom of the ascending channelThe ICP support ranges are considered at $4.5 and $4.9, which can have a positive reaction. We expect the continuation of the upward trend from the desired support range. This week, if the bottom of the ascending channel is broken, the main wave could end, and a correction could begin.
Can this candle bring the life to ICP again ? ICP / USDT
ICP kept dropping slowly and steadily for months
As you can see in chart ; Price was trading inside this falling wedge for almost 600 days ! Finally it made a breakout by a weekly candle
From my point view this is the last chance for this coin to get to life again .. if current support failed i wont histate to call it a scam project
So trade wisely
✳️ ICP vs Bitcoin Looks Ready...As the USDT pairs move to retrace (correction phase), the BTC pairs will take the time to move ahead.
One thing though, we have so many altcoins that not all will enter correction phase... We can see many growing on both sides but the end result is bullish...
Look at this, ICPBTC looks ready for green.
Yesterday's candle shows the bulls and bears fighting while the bulls won.
Strong indicators, green today, trading above EMA50, EMA21 and EMA10... This one looks ready!
More details on the chart.
Namaste.
ICP inverted H&S*log scale
Internet Computer is approaching the major downtrendline which dominated for almost a year. Price forming Inverted Head and Shoulders 🤷 so it looks like price may be bottoming but still too early to say! IF price breaks the Neckline @ 9.8 and the major downtrendline then I think there is chance for run to 14.9 and even higher. Check how the iH&S target coincides with important market structure (yellow).
ENTRY : Neckline break @ 9.8
STOPLOSS (SL) : Left Shoulder @ 6.75
TARGET (TP) : Inverted H&S target projection @ 14.9 (view reg scale to do the projection Head-Neckline = Neckline-Target)
REWARD RISK RATIO (RRR) : 1.5
INVALIDATION : when SL level hit (Left Shoulder @ 6.75)
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
viewpoint Short For ICPHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the ICP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Internet Computer (ICP) formed bullish BAT for upto 25.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Internet Computer ( ICP ) with US Dollar pair.
Our last successful trade of ICP was as below:
On a daily time frame, ICP has formed a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ICP's price trend was in the low-range timeframes!During the last two weeks, ICP's price trend was in the low-range timeframes. After the last bearish wave took the price to the $3.5 support level, we could have expected a range trend with a positive reaction the next day, November 10. In the second encounter to the support of $3.5, a positive reaction has been observed again. But the resistance that prevents further price growth is considered in the range of 4 to 4.17 dollars. which has prevented price growth many times in the past few days. As you can see on the daily time frame, the price is in the upper half of the long-term descending channel, and on the other hand, the failure to break the $3.5 support could be a sign of possible upside for the medium term.
For the short-term, an ascending channel has been broken downwards in the 1-hour timeframe, which short-term upward movements can be considered a pullback. Short-term support is in the $3.60-$3.62 range, and a positive reaction is expected from this area. Therefore, if we have support in the market and the floor of $3.5 is not broken, we can expect the price to grow to $4, $4.6, and $5 targets from this range.
ICPUSD decision time - short termWhat we can see on the chart is a symmetrical triangle pattern .
Take a position only if/when the price breaks out of the triangle.
If the price breaks down, enter short.
If the price choose upside, enter long position.
Targets as shown in the chart.
P.S Don´t forget to setup stop loss :)
Good luck
ICP Unchained?Bearish Idea
ICP looks like copying the same price action as before it did in the box labeled 1. I believe it will rise to Retest the area around 4.5-4.6. If the price got rejected from that area than we could expect more fall till to 3.5-2-1.5.
Bullish Idea
FTX was one of the main reason why ICP fell so much but beacuse of the late events, maybe it could be a chance ICP to get rid of it's chains. In that case, if it can break the upper trendline(the black one), then we could expect more rise up to 9.80.
For the both case, I think we should wait for the comformation.
Not a financial advice. I am just correcting my previous graphs.
45% for ICP with patienceI like ICP because this coin is more than 98% down from ath and it is technicaly buy without any doubts. Very nice PA here with green engulfing bullish daily candle...there should be some small pullback = my buy area = before it will go higher... i am aiming 25-40%. GL
MANAGE YOUR RISK
ICPUSD one more drop is still possibleWhat we can see in the chart is a head and shoulders pattern.
If this pattern plays out , we will see 30 % drop
$4,20 may be a good price to buy more ICP if we get it.
Long-term we still expect $80 .
Short-term $4,20 would NOT be anything surprising.
Enter the short position only if/when the price breaks down the neckline of the head and shoulders pattern.
Bearish Scenario For ICPWe should always consider the two scenario, Bullish and Bearish, for the market. I already shared my Bullish idea about ICP with the double buttom formation. Now, let's consider the bad scenario. ICP looks like copying the same pattern which it did on May-June 2022. If the price goes down from 4$ we could expect huge dump on the price until 1.40-1.50$. Unforutenately it still could not break the ressistance trend line so we should be carefull on this coin.