Falling wedgeThe falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. In general, a falling wedge pattern is considered to be a reversal pattern, although there are examples when it facilitates a continuation of the same trend.
I very often see how at the end of a pattern the smart money takes advantage of the liquidity and that's why I think it's possible to see $5 or $4.50 for ICP as there we need to have an order because the price will very quickly go down there and come back quickly
ICPUSDT
ICPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ICPUSDT
As we analyzed on September 7, we predicted a falling trend to happen and after a little rise here, you can observe the fall took place to lower amounts. So we have R2 and R1 as the resistance areas that both express the unsuccessful attempts of the price to rise. And S1 is our support line that contains the support of the price at some points. Thus, we have the price fluctuating below R1 and we expect a decline to happen toward S1 and then by having some confirmation candles in order to rise, we surely predict a rise toward R1 and even higher. Note that R1 is considered a good point for saving profits.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ICPUSDT | BUY ON SUPPORTICPUSDT has been trading in a parallel channel . The price is making higher highs and higher lows. Currently it is trading at lower boundary of channel. There is also a confluence point having horizontal support too. . The bulls can show strength at this point. The bullish candles formation on support will confirm the bulls strength.
The bulls need to hold the support zone.
Trade your levels accordingly.
🔥 ICP made +12% after the publication! It`s just the beginning!Hi friends! ICP made a PUMP and pullback to the trendline so you had 2 possibilities to open a trade and be in profit for +12 now!
Now the price of ICP pump with the BTC and it`s just the beginning.
📊 Preconditions to open the long:
🔥 no pullback and consolidation around $7-7.2 value area
🔥 huge BUY orders on DOM and Footprint. The whales BUY order wall will support the price and push the price higher
🔥 bullish BTC help all the alts reach the targets
🚩 DOM and Footprint are the tools which helps me to identify the whales BUY and SELL orders wall. The whales orders very often reverse the price. Also, we can open our longs with short stop loss below this order walls and highest RR ratio. I hope to see the buy orders on the pullback or during the squeeze to the trendline!
📊 The targets:
1. $7.9 - key level and top of value area
2. $8.7 - key level
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
ICPUSDT | BUY ON BREAK OF RANGEICPUSDT has broken above the falling resistance and price has been stuck in the range. Currently, the price action is approaching to the upper bottom of range. The bulls can show show some strong momentum to break above the range. While bears will be active below the upper bottom.
Trade your levels accordingly.
ICPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for ICPUSDT
In this chart, there are R3 and R2 as the resistance areas which both represent the disability of the price to rise. R1 used to be a support line. And S1 and S2 are our support areas at the bottom. At the moment, we have the fluctuation of price in S1 area and we expect two scenarios to happen. In case we receive some confirmation candles to rise, an increase to R1 is waiting for the price and it may be rejected again and face another fall. Or the price will give us some falling signs and is not supported in S1, and surely we will predict a decline toward S2 for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ICP looks promising: breaking update❗Hi friends !recently ICP were the most famous altcoin and a lot of newbie wanted to buy it. Now it`s close to the dip and after the breakout of the key level make nice pullback.
🚩 As we can see the ICP make something loke reverse head and shouldders and i ghope it make some pullback to accumulate the power before the PUMP.
📊 Preconditions to open the long:
🔥 volume growth confirmed that big player accumulate the ICP. Also we see how the volume had grown at the local highs of ICP. A lot of small traders were trapped
🔥 local pullback and squeeze to the trendline
🔥 bullish BTC help all the alts reach the targets
🚩 DOM and Footprint are the tools which helps me to identify the whales BUY and SELL orders wall. The whales orders very often reverse the price. Also, we can open our longs with short stop loss below this order walls and highest RR ratio. I hope to see the buy orders on the pullback orduring the squeeze to the trendline!
📊 The targets:
1. $8-8.5 - closest value area and resistance for bulls
2. $10 - key level and even number shich is psychological resistance/support
Traders, do you remember ICP? Write in the comment!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
ICP USDTBy date calculation 11 Sep will be the minimum Price of ICP and we will have an up trend for 100 days after this date .
minimum possible price is 0.77 $
but its not necessary to reach that price.
where ever the price would be in that day is a good entry . 1.39 is the 1.618 of fibo projection but if crash happens shadow can meet the 0.77 -0.78 and the close of candle could be 1.39