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ICPUSDT

ICP Update bearish $4 - $5 incomingUpdate from previous chart (linked below) ICP's recent breakout was not a long signal because it did not close above the $13 mark which is required for a trend change. The reason for the rise in price over the last week was due to the Web3.0 convention that takes place annually and these Web 3.0 coins usually see a quick pump and dump that happens. You can literally track to the exact minute before the convention started to how the price rose, and then as soon as it died down, the price dumped. Don't get fooled. My bearish stance still stands on ICP I am expect the next fib level of 2, at $4.86 to be hit, where it will see a little bit of buying pressure and price will increase. If it doesn't increase, then easily $2-3 is next. Previous idea:
Short
by BARSTrading
4
Internet Computer Chart Analysis Multiple TF (Plan Ahead)This is the daily chart for ICPUSDT (Internet Computer)... It goes straight to the point, the signals: 1) Higher low; 2) Strong RSI; 3) Bullish breakout... Now let's look at the weekly timeframe which is the one I wanted to show you. We will use the TD Sequential with candlestick reading. These two do good together since the Japenese used to count the candles as well. ICPUSDT Weekly Timeframe (main chart) We have a very strong downtrend/bear market, going on on the left side of the chart. After March downward momentum builds up. We end up with a Doji 13-June. This Doji at the bottom of a trend is a perfect textbook reversal signal. This is supported by the -9 candle right before it, signaling that the move is already going for too long. We are likely to see a trend reversal. For trades, strongly bullish above $4.60. Secure profits on the way up... It will get confusing after 2 weeks but this is only a relief rally which will be followed by red; planning is necessary for success. Namaste.
Long
by AlanSantana
6
ICP - Keep A Close Eye On This!ICP has almost finished its bearish ABC corrective wave. Wave C consists of 5 waves and we are in the 5th wave now, which appears to be a descending wedge. A descending wedge is often a bullish reversal pattern. The confirmation required is a strong bullish impulse breaking the wedge. For entry we'd require a correction to follow where we can mark up clear invalidation levels. Trade idea: - once confirmation appears, enter with stops below the correction - Targets: 37, 57, 100, 150, actively manage the rest Will update this chart when a breakout appears and we can actively monitor it for the best entry. Goodluck!
by WicktatorFX
3
ICP at lower price#ICP/USDT $ICP broke down from lower line of long term falling wedge pattern. 🐮 holding the parallel trend line of lower line as support can increase price to lower line of wedge again, and break out this descending resistance will increase price toward resistance zone between $15 and $17.5. break out from resistance of $23 can pump price to moon. 🐻 rejection from lower line of wedge and break down current descending support will drop price to lower supports around $3 and lower.
Long
by parissap
📈ICP: is the whale trap coming to open short?Hi friends! As we can see the volume indicator shows us that lots of coins have sold by big players during the last few pumps. Now the price forming the falling wedge which is the bullish pattern. But why short is possible in this case: 1. growing dominance of BTC. Altcoins looks very weak. 2. huge resistance at the $7.4-8 value area. 3. possible false breakout or pump the same as we see previously with volume bars growth. It shows us the sellers presure. The target for downtrend movement will be at least the $6 key level. 💻Friends, press the "like"👍 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.
by Yuriy_Bishko
3
ICP Possible long position forming - breaking resistanceAn old resistance line coming Sep 2021 was finally broken. I expect accumulation for a while and when the volume goes very low, I expect a bullish rally to pump it up towards $10. For the long term: price must close above $13 to start a proper 100%+ rally. Otherwise, it's still bearish down to $4. Link to previous chart below. Keep your eyes out for this one, as of right now it's in murky waters, and could very well for a strong rally out of nowhere. \\ PLEASE ZOOM IN TO SEE THE TEXT BETTER
by BARSTrading
ICP and its 20% pump tonight. What's next?Hello, dear TradingView members. This idea is an ICP analysis. Tonight ICPUSDT made a 20% pump. Before we FOMO and buy or sell, let's see what possible scenarios. Scenario one: A break-out: If that bullish candle closes above this area, it can later perform a pullback and make it a breakout confirmation. Scenario two: A fake-out: The price might go even higher but then lose strength after hitting one or two resistance levels and fall back to the previous support area. The Bollinger Bands are opening and making a wide channel, and the price is pushing higher than the upper band. Now, this mostly shows overbought signals, which aren't healthy. This might cause weakness in future hours. RSI is also above 75, which shows overbought signals. The Speedometer indicator shows Buy volumes on the market for Bitcoin on a 1D interval. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
13
ICP ICPUSDT UPDATEDAs you see the cup is going to complete with the moment moves by chart Btc is ranging in a FLAG , i bet all the traders are ready to catch the ALTS Maybe Long Maybe short I can say this market is like a door The Longs and Shorts behind the door Longs can open the door and beat the shorts When they have some GIANTS(like gray skale or the mask lol) . I think after the btc ranging and breaking the flag from the roof , we can enter to ICP This is an idea guys just keep out and enter with 3% asset 8.1 ta 8.5 enter Good luck
Long
by Ashkey
3
ICPUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for ICPUSDT The price is moving in a descending channel and R3 line shows a long-term resistance line and the rejection of price is clear by it. Also S1 line resembles a long-term support line and the well support of the price is obvious on it at several points. The yellow line is our 4-hour resistance line and the price could not break it upward. At the moment, the price is fluctuating below R2 area and over the yellow line. Both the density and weakness of price is seen here and we expect the price to move toward R2 and if it fixes over it, then it will move toward R3 and will have more increase. Even it is possible for the price to lose the support and face more fall. 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
by MarsSignals
ICP is at the resistanceHello traders! Welcome back to another episode with Aadil1000x analyst ICP formed consecutive bullish candles and it was clear that this bullish move was aiming for something. This move was aiming to touch the resistance before the whole market reversed. ICP is at the strong resistance zone and also it is at the resistive trendline. This resistance can push ICP towards the downside. We can expect a 9% dip in ICP. Don't forget to hit the like button and follow to stay connected.
Short
by Aadil1000x
1
ICP - Internet ComputerHow the Internet Computer Works The Internet Computer is the fastest and most scalable general-purpose blockchain. It extends the Internet with computation: dapps (smart contracts) can run 100% on the Internet Computer as it can serve web contents directly into browsers. Moreover, end-users can seamlessly and securely interact with dapps on the Internet Computer. In particular, users in general do not need any tokens to use a dapp nor is it necessary for anyone to download blockchain state to verify correctness of transactions because of the Internet Computer’s groundbreaking chain key cryptography. Users can security authenticate to dapps using Internet Identity, the Internet Computer’s anonymous blockchain authentication framework. Direct Integration with Bitcoin The Internet Computer protocol will be extended to add smart contracts to Bitcoin. An application of Chain Key cryptography will give each canister their own Bitcoin public key, thus directly integrating with the Internet Computer blockchain with the Bitcoin network. In particular, smart contracts on the Internet Computer will be able to hold, send and receive their own Bitcoin.
Long
by Crypt0_Ninja