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ICPUSD

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.
COINBASE:ICPUSDShort
by CryptoNCoffee
2
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.
Long
by Yuriy_Bishko
9
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.
COINBASE:ICPUSDLong
by CryptoNCoffee
2
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.
Long
by CryptoPatel
3
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COINBASE:AMPUSDLong
by stewdamus
10
ICP, I think big guys have started accumulate positions 🚀🚀ICP as well as the entire cryptocurrency market has corrected very strongly. But if there are trading strategies for bitcoin, for altcoins it is very difficult to develop any strategy because of lack of statistics. That's why we recommend to buy only in capitulation periods and hold as mid-term positions. And most importantly, do not buy with more than 20-30% of your capital. From the technical analysis it is worth mentioning that the price is in a local range, and most likely big players started to accumulate their positions. This is also indicated by the large volume at the very bottom. Now it is important that the price would consolidate above the control point. That will be a good signal for growth continuation. But it doesn't mean that the price can't go even lower. The big players can gather some liquidity once again below the consolidation zone and then go up. If you look from the global side, a breakdown of the trend line could mean a market reversal. Important: This is not a buy advice! Sometimes we share signals, if you want to receive them, we advise you to subscribe to our trading view and other platforms, all links below, in the comments leave your questions and the name of the coin you want us to analyze. 💚
Long
by AlexWhale
ICP - Buy it with these TP/SL BYBIT:ICPUSDT 1H trend chart - ICP has done the inverse HS pattern on 1H. Currently it's going to retest Fib 1 after hitting Fib 1.272 If price can get support around Fib1, trading strategy as below. - Profit Targets: a) 25.99----Fib(1.5) b) 26.4----Fib(1.618) c) 27.75----Fib(2) Stop losses: a) 22.95-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
3