#ICP/USDT#ICP
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 5.85.
We are experiencing a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are heading towards stability above the 100 Moving Average.
Entry price: 6.04
First target: 6.13
Second target: 6.28
Third target: 6.50
ICPUSDT
TradeCityPro | ICP Approaches Key Resistance with Rising Volume👋 Welcome to TradeCity Pro
In this analysis, I want to review the ICP coin for you. The Internet Computer project operates in the fields of artificial intelligence and DePIN.
⭐ The coin of this project, with the symbol ICP, has a market cap of 3.25 billion dollars and ranks 32nd on CoinMarketCap.
📅 Daily Timeframe
As you can see in the daily timeframe, there is a descending trendline visible on the chart, which has been tested multiple times. The price has broken above it and is now sitting just below the 6.205 resistance level.
🔍 In recent candles, the volume has increased significantly, which raises the likelihood of a breakout above 6.205.
🔔 If the 6.205 level is broken, ICP's bullish trend could begin. In that case, the price could move toward the 7.423 and 9.887 levels.
📊 Entering a position with the breakout of 6.205 is supported by volume confirmation, and we will get RSI momentum confirmation if it enters the overbought zone.
📉 For the bearish scenario to play out, the price must first get rejected from 6.205, and then we’ll look for confirmation of a trend reversal with a break below 4.468.
🛒 You can also use this same 6.205 trigger for a spot buy, but keep in mind that Bitcoin dominance is still in an uptrend, so in my opinion, it’s not yet the right time to buy altcoins.
✔️ The best trigger for buying any altcoin is to wait for confirmation of a trend reversal in Bitcoin dominance. Once that’s confirmed, you can start buying the altcoins you’ve selected.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Internet Computer Protocol $81 Easy Target Yields 1,450% ProfitsIf you saw the Injective chart you know what happens after a correction, a classic ABC correction. What follows a correction is a bullish impulse.
A target of $81 gives us more than 1,450% profits potential for this pair, ICPUSDT (Internet Computer Protocol).
This is a project that was damaged by the SEC's decision to label it a security, remember? The SEC today is no longer the same as back in those days. It is different now. The SEC is crypto-bullish, the SEC is friendly and whatever damage was caused will be reversed, make no mistake.
Right now ICP is moving within it's long-term accumulation zone. As the name implies, a zone that is good to buy for those focused on long-term hold. Even if you are looking at the short-term or mid-term, this right now is a great entry, great timing, the best possible prices preceding the 2025 bull market phase.
It was a while back when I first saw the possibility of the bull market extending beyond late 2025. This scenario/possibility is now becoming stronger with many projects supporting this view. The chart of many stable, long-term projects are pointing to growth leading into the first half of 2026. Q1 and Q2 2026. This would definitely be the best ever.
Will the next bull market peak in late 2025 or early 2026? Make your guess. What cannot be doubted is that we are going up next. Up, up, up. Are you prepared?
Preparation comes in the form of a plan, and lots of money injected into the market. Buy like the world is about to end. Start buying and continued buying, everything you can. You will be very happy with the results, I promise.
Thank you for reading.
Namaste.
ICP - Perfect Long OpportunityDescription
---------------------------------------------------------------
+ ICP has started reversal inside the channel and the price is heading towards the resistance zone, this gives a bullish trade opportunity.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 5.3
Stop Loss: 3.3
------------------------------
Target 1: 6.9
Target 2: 12.7
Target 3: 22.5
------------------------------
Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
ICP / USDT: In the Macro Support Zone
The price has reached the target macro support zone for the formation of a long-term bottom.
As long as the price stays above the April 7th lows, my main scenario is that the macro correction (wave (2)) has ended and a new multi-year growth cycle has begun.
Weekly Projection:
Thank you for your attention and I wish you successful trading decisions!
Previous ideas on ICP :
Nov'24:
Jun'24:
Dec'23:
TradeCityPro | ICP: Breakout Watch in Web3 Veteran’s Price Range👋 Welcome to TradeCity Pro!
In this analysis, I’m going to review the ICP coin for you. The Internet Computer project is one of the older projects in the crypto space, focused on Web3 and gaming.
⚡️ The coin currently has a market cap of $2.65 billion, placing it at rank 36 on CoinMarketCap.
⏳ 4-Hour Timeframe
As you can see in the 4-hour timeframe, a range box has formed between the levels of 4.648 and 5.239, and the price has currently reached the top of the range.
✔️ During this upward leg from the bottom of the box, market volume has been increasing, which indicates that the probability of breaking through 5.239 is high.
🔍 If 5.239 is broken, we can enter a long position. The next resistance levels are at 5.558 and 6.313.
✨ There’s also a larger range box between 4.648 and 6.313, and as long as the price stays above 4.648, we can say that this broader range is valid and price is fluctuating within it.
📉 To open a short position, wait for the break of 4.648. The momentum in higher timeframes for this coin is bearish, so if this level breaks, the trend may continue downward with another leg to the downside.
📊 For that to happen, selling volume must increase, so that when 4.648 breaks, there is no volume divergence, ensuring a healthy continuation of the trend.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
ICPUSDT READY TO FLY AGAIN ?? ICPUSDT is currently forming a classic falling wedge pattern on the chart, which is widely recognized as a bullish reversal signal. The price has been compressing within this narrowing range and is now approaching a key point where a breakout is highly likely. With strong support being respected and buyers gradually stepping in, the setup is aligning well for a potential upside move.
Volume levels have been steadily increasing, confirming growing investor interest in Internet Computer (ICP). This increasing participation from traders and investors alike can often serve as a reliable indicator that a breakout may occur soon. Technical indicators such as RSI and MACD are also hinting at a momentum shift that aligns with a bullish scenario.
Given the strength of this chart formation and the positive volume dynamics, ICPUSDT could potentially see a price gain in the range of 90% to 100%+ from current levels. The risk-to-reward ratio is favorable, especially for those who are entering early before the breakout confirms with stronger candles above resistance. A retest of the wedge breakout, if it happens, could also provide a second opportunity to enter.
ICP is also gaining traction among long-term investors due to its unique blockchain technology aimed at decentralizing the internet. The ongoing development and community support around the project adds more fundamental strength to this setup. Keep an eye on it for confirmation of the breakout!
✅ Show your support by hitting the like button and
✅ Leaving a comment below! (What is You opinion about this Coin)
Your feedback and engagement keep me inspired to share more insightful market analysis with you!
ICP Is Bearish For MidTerm (3D)On the chart, it appears that we have a large-degree ABC structure, where Wave B formed a triangle and has now completed.
Wave C should take more time than Wave A. Since Wave B has retraced 0.382% of Wave A, it is expected that Wave C will also be deep
We have marked the price and time boxes on the chart.
A daily candle closing above the invalidation level will invalidate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ICP Trading Plan: Buying Dips with a 1:3 Risk-Reward RatioLike most altcoins, ICP has been declining since December. At the beginning of February, it reached a key support level around $6. After this drop, the coin began to consolidate, but recent price action suggests a potential reversal to the upside.
A confirmed breakout above $7 would strengthen this outlook, potentially leading to a test of the psychologically significant $10 level.
I’m looking to buy dips in anticipation of this scenario, aiming for a minimum risk-to-reward ratio of 1:3.
Wave2 Nearing Completion: Bullish Momentum for Internet ComputerWave 2 Analysis
Wave structure analysis suggests that ICP has been following a five-wave impulse pattern. The first wave began in December after ICP hit a low of $2.70 in September. By March, ICP surged to a high of $21, marking the end of the first wave. The second wave, which is a corrective wave, saw ICP retracing to the 0.786 Fibonacci retracement level of $6.58 by July. This level has been retested multiple times, indicating strong support.
Current Market Sentiment
The recent price movements show that ICP has been trading sideways, forming an ascending triangle pattern. This pattern is typically a bullish continuation pattern, suggesting that the price might break out upwards. The Relative Strength Index (RSI) indicates that ICP is not overbought, providing room for further upward movement.
AI Narrative and Decentralized Cloud
The AI narrative and the shift towards decentralized cloud solutions are significant factors contributing to the bullish outlook for ICP. Centralized cloud providers like AWS, Microsoft Azure, and Google Cloud dominate the market, but they also pose challenges such as high costs, regulatory issues, and susceptibility to political pressures. Decentralized alternatives like Internet Computer aim to democratize cloud infrastructure, reducing reliance on centralized entities and fostering innovation.
Conclusion
Given the wave structure analysis, strong support levels, and the growing narrative around AI and decentralized cloud solutions, ICP is poised for a potential bullish breakout. If the price breaks above the ascending resistance, it could mark the beginning of the third wave in the five-wave impulse pattern, leading to significant price appreciation.