Icplong
ICP EOY targets and OctoberHello Tradingview community!
As always: If these patterns I'm showcasing doesn't work as predicted..
then please don't come crying to me (ty) -> NFA DYOR
The chart explains itself pretty much..
We got 2 scenarios for EOY:
Bull target: 15 - 17 dollars
Bear target: 5.5 - 4 dollars
and of course the October target: 9-10 dollars
I think BINANCE:ICPUSDT is a great project/coin overall
But it's simply not the strongest when it comes to price action
- I do believe in the project and i do own a small amount of it
All of this is just an idea that could very simply be WRONG.
NFA DYOR <<<<-----
#ICP/USDT#ICP
The price is moving in a descending channel on the 1-hour frame and we are about to break it
We have a bounce from a major support area in green at 6.75
We have an uptrend RSI that has been broken upwards which supports the upside
We have a trend to stabilize above the 100 moving average which supports the upside
Entry price 7.00
First target 7.41
Second target 8.02
Third target 8.66
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.
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#ICP/USDT#ICP
The price is moving within a descending channel pattern on the 4-hour frame, which is a retracement pattern
We have a bounce from a major support area in the color EUR at 7.30
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entrance price: 8.10
First target 9.05
Second goal 10.04
Third goal 11.38
ICP → Time to Long at $9? A Buy Opportunity Is Waiting!Since my April 24th update, ICP has fallen into a pullback, as expected. We found resistance just shy of $21.00 and then pulled back in two strong legs. Should we be bearish or bullish on ICP?
How do we trade this? 🤔
As expected, ICP found resistance at the Resistance Zone of below $21.00 after three strong pushes up followed by a head and shoulders reversal pattern. That reversal pattern played out into a two-legged pullback, leaving us below the Support Zone at a low of $5.80. We now see the price strongly responding to this are and is now above the Support Zone with a strong bullish candle closing on it's high.
It's reasonable to enter a long here given that strong bullish candle close. It would not hurt to wait for a confirmation candle but since we've closed above support, you could take a slightly lower probability trade here and have a high probability of hitting the first take profit target of $11.225. Once that target is hit, take half profits at 1:1 Risk/Reward, moving the stop loss up to the entry price, then swinging the latter half of the position to 1:2 Risk/Reward.
We also need to watch Bitcoin's sentiment as the price action plays out. I expect Bitcoin will fall into a two-legged pullback to around $40,000-$45,000, which should take the alt market down with it, either keeping it in a trading range or bringing it to lower lows. Until Bitcoin's sentiment shows a clear bull signal after a likely pullback, it's one more indicator we should allow to play out before getting long in DOGE.
A final point of data is the RSI low and above the moving average of around 56.00. This indicates we are into the swing high and a long entry at this stage is warranted.
💡 Trade Idea 💡
Long Entry: $8.45
🟥 Stop Loss: $5.675
✅ Take Profit #1: $11.225
✅ Take Profit #2: $14.00
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Three legs up toward a resistance zone after a breakout
2. Head and Shoulders reversal pattern
3. Two-legged pullback to the Support Zone at $8.23
4. Long entry justified at current Signal Candle close above Support Zone
5. RSI at 56.00 and above the moving average. Supports a long entry.
💰 Trading Tip 💰
The longer a trend continues after 3 legs, the probability of that trend continuing lessens. Because of this decreased probability, we ought to reduce our risk when entering trades.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and Follow to learn more about:
1. Reading Price Action
2. Chart Analysis
3. Trade Management
4. Trading Psychology
#ICP/USDT#ICP
The price is moving within a bearish channel on a 4-hour frame and is strongly committed to it.
We have a support area at 11.80 and we bounced from it at the lower border of the channel
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise
Entry price is 12.00
First target 12.62
The second goal is 13.00
Third goal 13.54
ICP: pollback📊Analysis by AhmadArz:
🔍Entry: 12.619
🛑Stop Loss: 12.363
🎯Take Profit: 13 - 13.438 - 13.853 - 14.581 - 16
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
ICP - Broke The Trendline Hi, this is my new update for ICP. After 51 days we finally broke this beautiful trendline and today we are testing it to see if it was a fakeout or 100% breakout.
We have big resistances around 15.00-15.80$ and at the same time we have also 50&100 SMA (green and blue line). Right now we have broken the trendline on both the chart and RSI. We are also testing the support level 12.30-12.50$ as long as we hold this support level I expect we are going to break the resistance 15-15.80$ in the next run.
- My main target for the next couple of months is around 37-40$.
- In the short-term (next couple of weeks) I expect we are going to test the resistance 20-23$.
As long as the support level 10.50-11.70$ holds everything is fine, but if break it down then things will get ugly.
ICP: down-trend📊Analysis by AhmadArz:
🔍Entry:12.245
🛑Stop Loss: 12.524
🎯Take Profit: 12.019 - 11.827 - 11.596 - 11.433
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
#ICP/USDT#ICP
The price is moving in a bearish channel pattern on the 4-hour frame and sticking to it well
The price rebounded well from the lower border of the channel at the green support level of 11.50
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 12.60
The first goal is 13.50
Second goal 15.18
Third goal 16.40
ICP / ICPUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
ICP → Long at $9!? A Buy Opportunity is Waiting!ICP did not put in a 4th leg since my last analysis and instead, the short opportunity presented itself after the third push on schedule. Should we short here?
Previous Analysis:
How do we trade this? 🤔
Shorting at the bottom of this bull trend is not ideal. Our short opportunity was at $18 per my last analysis. Now that we're at bull channel support, we need to wait for a breakout to the downside with confirmation support has become resistance. The likely outcome of such a breakout is a 2-legged pullback from the bull channel leading us to the Support Zone.
We should be looking for long positions at this point. With Bitcoin and the crypto market cooling off, we should expect more downside. This means short scalping on lower timeframes and fading long positions on higher timeframes. I'm looking for a strong bull signal bar closing on or near its high off of the Support Zone, followed by a confirmation candle to enter a 1:4 Risk/Reward long position. Take half profits at 1:1 Risk/Reward, and swing the latter half of the position to 1:4 or until a reversal signal appears.
💡 Trade Idea 💡
Long Entry: $9.00
🟥 Stop Loss: $6.85
✅ Take Profit #1: $11.15
✅ Take Profit #2: $17.60
⚖️ Risk/Reward Ratio: 1:4
🔑 Key Takeaways 🔑
1. Three pushes up into a bull channel followed by a retrace to support.
2. Wait for a breakout below the bull channel and Daily 200EMA.
3. Look for a long entry above the Support Zone
4. Target is just shy of the previous high of around $18 for the final take profit.
5. RSI at 45.00 and above the Moving Average, room to fall.
💰 Trading Tip 💰
The longer a trend continues after 3 legs, the probability of that trend continuing lessens. Because of this decreased probability, we ought to reduce our risk when entering trades and start looking for reversals.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and Follow to learn more about:
1. Reading Price Action
2. Chart Analysis
3. Trade Management
4. Trading Psychology
ICPUSDT 1W LONG📈Hi all. Timeframe 1 week. After a long fall, ICPUSDT has formed a descending channel and is located at its resistance. I’m considering recruiting to the spot now with a pick-up from the green zone (unlikely). Also long during a breakdown/retest of resistance. In principle, you can already look for an entry on a lower timeframe. Marked goals and levels on the chart.
ICP Huge Accumulation - Target ~$55ICP is in the last stages of a giant accumulation here. We just came back down for the BU/LPS stage before the markup. The measured move would put this up near $55. This is going to be a gem too, along with Tezos and most of the other alts right now that are about to take off!
ICP - Easy +40%? Hi, this is my new update for ICP. In the past 2-3 months altcoins have exploded more than 100% each, but ICP has been very stable in this beautiful ascending triangle.
As you see we are getting very close to the end of this triangle and we are going to see a big breakout in the next couple of the days. The probability that it will breakout upside is much higher.
I expect once we break the resistance 14.50-15.50, then we are going to fill the gap in the blue box around 19.70 - 20.70.
Watch closely once we breakdown the red trendline then we have lost both the 20 & 50 EMA and things will get little bit complicated and we should consider sell.
#ICP/USDT LONG#ICP
We have been in a descending triangle since the beginning of the month on a 4 H frame
After the previous rise, it is expected to continue rising
We have upward momentum and support from a good area
Current price 9.15
First goal 9.61
The second goal is 10.50
The third goal is 11.55
ICP LONG ANALYZE 4HGreetings, dear traders
In the icp currency, the price has broken the 12-hour downtrend line and left a suitable area for buying that I specified in the chart.
This level is worth buying, provided that it does not consume the liquid price above the formed pivot and can reach the desired level in the first stage.
Determine the appropriate entry point and limit with your own style.
be profitable
ICP → Pullback to Support Zone Over? Time to Long? Almost!ICP ran three pushes up in an ascending wedge reaching $16.33, followed by a pullback with three pushes down and a strong bull signal. Is it time to long?
How do we trade this? 🤔
A long entry could be justified here. Here's what we have in favor of the long bias; Three pushes up in a bull channel ending at $16.33, followed by three pushes down in a micro-bear channel with strong bull signal bars, and we have a good follow-through bars leading up to the price action being just above the Daily 30EMA.
What would give us maximum justification is a re-test of the Daily 30EMA as support to add probability to our long. However, I do not believe this is required to justify a long entry.
I believe we need to be conservative longing at this stage in the crypto market, which is why I only advocate for a 1:1 scalp at a lower-than-maximum position size allowed for your trading strategy. I think Bitcoin and Ethereum have a larger pullback on the horizon, but do believe the market will come up a bit before it goes down.
💡 Trade Idea 💡
Long Entry: $12.32
🟥 Stop Loss: $9.15
✅ Take Profit: $15.50
⚖️ Risk/Reward Ratio: 1:1
🔑 Key Takeaways 🔑
1. Three pushes up into an ascending wedge.
2. Micro Bear Channel forms with three pushes down.
3. Strong bull signal bars on each push down.
4. Not required, but suggested to wait for re-test of Daily 30EMA as support.
5. RSI at 57.00 and above the Moving Average, supports long bias.
💰 Trading Tip 💰
The longer a trend continues after 3 legs, the probability of that trend continuing lessens. Because of this decreased probability, we ought to reduce our risk when entering trades.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and Follow to learn more about:
1. Reading Price Action
2. Chart Analysis
3. Trade Management
4. Trading Psychology