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ICPBTC

ICP shortTotal Market: - Falling back during consolidation, expecting another retest of support Daily: - Broke below daily support 4H: - broke below support, retested and turned resistance, got rejected @ 20 EMA & formed a bearish engulfing candle close. Current 4H candle currently rejecting higher with wick 1H: - Had Bearish engulfing breaking out of short term uptrend line Trade Management: - Plan on adding to position upon breakout of low / 1.0 fib extension level Stop loss: 18.81 - Inside of strong previous support, above local high Take profit: 13.44 - 1.618 fib extension level (all time low so dont have price to the left to use as a potential target point)
Short
by CMSTrading
ICP - is going to breakout this resistance?A trend line can be identified on the ICP chart. Yesterday the price made a false breakout after which the price corrected slightly. In case of a squeeze and a repeat breakout, there could be a good buying opportunity. A squeeze and breakout of the key level of $22 could also be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
8
2 Scenario for ICPICP is a victim of VC's. I have no idea why the the team messed up on tokenomics so much. I believe ICP drawing a Falling Wedge on Log Scale. It touched the lower band of that falling wedge. Since it is a long run investment for me, I bought some ICP on 19$. There is a FED meeting on 26 and I believe Market will decide its direction after that meeting. In any case, Lets make our guesses. Scenerio 1: ICP will increase to the 30$ range and break that pattern to upside and more increase can be expected. Scenerio 2: ICP will increase to the 30$ range and fall back to the lower band again... I hope not, but I am still saving some money for this case. This is my trial. Not a financial adviice.
by Dantefe
ICP, what should we expect in the near future?Today let's analyze the global and local picture on the ICP chart. ICP broke the global trend line. After that, we got a strong impulsive move towards $38 level, which currently acts as resistance. It is worth highlighting the big volume at the bottom of the chart. This is a good signal. In case the resistance is overcome, the price is likely to head towards the next marked area. Locally, we would like to highlight the key level and increase in volumes at the bottom of the chart. In case of breakdown of the key level, there could be a good opportunity for buying. 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.
Long
by Yuriy_Bishko
5
Fundamental Self amusement by shibainuSo you just say comp shib icp ... I mean you pick a random tp generator(which is low to high) then you navigate through a set of similar price structure then you suddenly see icp and comp as if their fundamental must correlate to the price range of TP Disclaimer: a part of my new adventures is to learn Egyptian hieroglyphs, wanna say be careful with me. I also add that the concept of absolute is not normal but as you see a concept can stand above many other popular(floor of pyramid) concepts, like news (:). We found icp by the chart which is the objective of the post.
by UnknownUnicorn10828932
1