ICP USDT🔍 ICP/USDT Analysis: Key Dates for Strategic Moves 📉
The ICP/USDT chart highlights important upcoming dates where price movements may present trading opportunities:
August 30, 2024, October 17, 2024, December 17, 2024 - Red Lines: These dates mark potential local peaks. Traders should consider these as moments to take profits or reduce exposure, as the price might face resistance or a downturn.
September 22, 2024, November 20, 2024 - Green Lines: These dates indicate potential local lows, offering favorable conditions for accumulating ICP or entering long positions.
By aligning your strategy with these key dates, you can better position yourself to capture gains and manage risk effectively in the ICP market.
#ICP #CryptoTrading #MarketAnalysis #Altcoins #Cryptocurrency #ICPUSDT
ICPUSDT
$7.47 and $7.7 ResistancesThe ICP's price is within the $6.88 to $7.03 range. This range is considered a balance zone where the price may experience fluctuations. A closer examination of this area can reveal the strength or weakness of buyers and sellers.
Key Levels:
$6.88 to $7.03 Range:
This range acts as a critical area for observing price reactions. Maintaining this level could indicate a return of buyer strength and the potential for a move towards higher targets.
Price Targets of $7.47 and $7.7:
If the price can break above the $7.03 level, it may move towards targets of $7.47 and $7.7. These levels act as potential resistances, and breaking through them could signal a strengthening of the bullish trend.
$6.8 Support Level:
If the price fails to hold the current range, the $6.8 level is considered an important support that could prevent further price declines.
ICP plan for 2023BINANCE:ICPUSDT
Possible Targets and explanation idea
➡️On weekly timeframe in accumulation zone -0.27 level
➡️Based on market mood indicator (white zone the best time for accumulation)we are now in yellow zone. When we will see red zone - out
➡️Probably we will going to close all weekly gaps in this range!
➡️Based on Take profit indicator on weekly we trade under real fundamental price (take profit line now at 26.15$)
➡️After 26 price waiting drop again to the buy line around 8-5$
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ICP - Support holding strong, bounce back expectedBINANCE:ICPUSDT (1W CHART) Technical Analysis Update
ICP is currently trading at $79 and price has made significant retrace and currently it is around the support zone. We are expecting this support zone to hold price to bounce back from this support zone. We can enter a long term trade here and do DCA if the price falls down
If the weekly candle closes below the support zone then we can enter a short trade.
Entry level: $ 7.9
Stop Loss Level: $ 5.0
TakeProfit 1: $ 10.181
TakeProfit 2: $ 13.506
TakeProfit 3: $ 19.259
TakeProfit 4: $ 30.912
TakeProfit 5: $ 52.987
TakeProfit 6: $ 76.559
Max Leverage: 2x
Position Size: 1% of capital
Remember to set your stop loss.
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GreenCrypto
ICP Buying OpportunityThe ICP came back to life at the end of last year and increased significantly. After May, however, it declined in response to the general market decline.
But I think that decline is now over. The $8-9 area is a good buying zone for us. Especially considering that it is coming out of the downtrend.
I don't think it will go below $8 from now on, but in a possible correction in the market, it could go down to $6.5-7 and come up. This is the ideal buying zone for us because if this happens, there is a potential double bottom pattern.
My plan is to buy a large amount of ICP now and place a small buy order at the $7 level.
#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
Is ICP Ready to Skyrocket or continue bearish? Find Out Now!Yello, Paradisers! Is #ICP about to make a huge move? Read on to find out if this is a breakout or a fake-out!
💎#ICPUSDT has broken out of the descending resistance with a strong green candle, suggesting a potential bullish momentum. However, the price is currently facing rejection at a key resistance area. The Fibonacci retracement level indicates a high probability that the price will retest the demand zone at $8.55 before attempting another breakout to hit our target area.
💎If ICP manages to break out directly without retesting the demand zone first, there's a high probability that the price will continue its upward movement. This could signal a trend reversal back to a bullish momentum, likely reaching our target strong resistance area.
💎On the downside, if ICP fails to bounce when retesting the demand area, the price might head towards the Bullish Order Block (OB) area. If the price hits this zone, we can expect a significant rebound back to an upward trajectory.
💎However, if ICP fails to sustain above the OB area at $7.05 and breaks down below it, this would invalidate the bullish scenario and signal a bearish trend. In this case, there's a high probability that the price will continue downward and dip further.
Trade smart, Paradisers, and stay disciplined.
MyCryptoParadise
iFeel the success🌴
Internet Computer ICP price shows signs of lifeAgainst the backdrop of today's software failures of millions of users around the world, it will be symbolic to consider a coin - #InternetComputer
In the previous idea, 7 months ago, there was a recommendation:
“place a pending buy order for CRYPTOCAP:ICP around $6 and wait”
The minimum was $5.80
Basically, nothing has changed globally on the OKX:ICPUSDT chart - a long consolidation, heavy protracted growth, and then the same correction.
The chart shows a 3D time frame. Therefore, this idea is probably more for those who have been holding #ICP for a long time, rather than a recommendation to buy it in an investment portfolio.
Keeping the #ICPUSD price above $7.50-8 is a long situation.
And then, if we are lucky, the price of #ICPUSDC will rise to $40 by the end of the year
_____________________
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Internet Computer | ICP The price of ICP is $ 6.6 today with a 24hour trading volume of 122 million dollars, this represents a 17% price increase since last week and a 31% price increase since last month
The Internet Computer blockchain incorporates a radical rethink of blockchain design, powered by innovations in cryptography. It provides the first “World Computer” blockchain that can be used to build almost any Web 2.0 online system or service, and web3 services, including web3 social media services, without any need for centralized traditional IT such as cloud computing services. It also enables smart contracts it hosts to directly create transactions on other blockchains, which in turn enables the full end-to-end decentralization of online services and web3
The project was founded in October 2016 by Dominic Willams and has raised a total of $121 million from investors such as Adreessen Horowitz, Polychain Capital, Multicoin Capital...
now lets talk about the chart, as you can see ICP try to break the downtrend (red lines) , the price turned up on April 27 and started a strong recovery. bulls won point of control and candles are above Ema 50 . the RSI has jumped into positive territory as well. bulls also try to hit 6.9 first then 7.5$
Shitcoin Summer is HereIt's hot outside right now. Real hot. Clocks in at 120 where I live. But I'm cool as a cucumber right now because I know my Christmas is gonna be a good one. Why? My shitcoins are about to move. Check out my chart of eight of my favorite $hitcoins - they've all retested bottom and the bottom rejected them all. So - whether you love em or hate 'em, back up we go. That's how it works. Don't fight it, you'll lose. Just buy someone else's bags for cheap now before this rocket blasts off.
ICP/USDT Trading ScenarioAmid the negative news about Bitcoin, the price of ICP significantly declined, falling from a local high of $20.937 to $5.837, a drop of over 71%. The asset's price chart has fallen below the 0.75 Fibonacci level, which is often interpreted as a favorable buying zone.
From the perspective of volume profile, the area of interest for market participants is significantly higher, in the range of $13.041.
Currently, there is a positive reaction from buyers at the $5.837 mark, as evidenced by the formation of a daily pin bar. This signal could indicate a potential trend reversal and the beginning of an upward movement, as a pin bar typically signifies a change in market sentiment.
Key support levelThe support level at $7.6 acts as a strong support zone. If the price can maintain this level, a new upward movement is likely to begin.
The price reaction to this support level is crucial. If we see signs of this support holding, the likelihood of an upward move increases.
If the support holds, we expect the price to first reach the level of $10 and then $12.
Risk and Trade Management: If the support at $7.6 is lost, attention should be given to the next support levels.
ICPUSDT Elliott Waves Analysis (Investment idea)Hello friends.
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Everything on the chart. (update)
Everything according plan, we're in global buy zone.
Buy zone: 8.5 - 6.5
Targets: 25 - 50 - 90
Cancellation of setup - consolidation under ~3.5
RR: 1 to ~22
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
DYOR!
ICP/USDT June-2024While Bitcoin is experiencing a choppy price range and altcoins face significant pressure, Internet Computer (ICP) is demonstrating resilience, holding its value steadily. Despite the turbulent market conditions, ICP's long-term chart pattern remains promising. I've identified two key levels for buying and accumulating ICP in spot trading, positioning for a potential rally in the future.
If you've been following my past analyses, you'll know that my strategies are mid-term, often requiring weeks or months to achieve their price targets. The objective is to maintain patience and stay calm amidst macroeconomic stress, aiming for substantial profits through well-timed trades.
Patience and Timing: Each chart is designed with a mid-term perspective. This approach requires patience, as market movements can take time to reach their targets.
I've pinpointed two strategic levels to buy and accumulate ICP. These levels are critical for maximizing potential gains during the next rally.
It's crucial to manage your funds wisely. If the market loses the main support area, be prepared to exit your positions. However, stay alert for potential shakeouts—temporary drops that regain support—providing opportunities to re-enter the market.
Remember, the strategy for taking profit isn't about hitting an exact number. Instead, we focus on areas of possible resistance. As we approach these areas, we move our stop-loss orders higher, allowing us to follow the price action toward higher targets. This method helps secure profits as the rally progresses.
Always have a plan for both entry and exit points. By adhering to these strategies, we aim to optimize our trading outcomes and secure massive profits.
Successful trading involves understanding the rules and executing them with discipline. Stay focused, manage your risks, and be ready to capitalize on market opportunities.
Happy trading!
#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
Consolidation Above $12 with Potential to Reach $14In the four-hour timeframe, ICP is currently consolidating above the support level of $12. Given the ongoing upward trend, it is expected that the price will reach the resistance level of $14. If the current support is breached, the next support level indicated on the chart will act as a potential correction point.
ICP- Good buying opportunityAs you know from my previous 3-4 posts on BINANCE:ICPUSDT , I am very bullish on this project and expected the price to reach $20.
Indeed, this has happened, followed by a strong 50% correction after reaching my target.
Now, the price is trading at $12 and is near a strong support level, both technically and psychologically, around $10.
In my opinion, these prices offer a good buying opportunity and in the event of a reversal and a retest of the $20 zone, a 100% gain could be achieved.
ICP: pollback📊Analysis by AhmadArz:
🔍Entry: 12.619
🛑Stop Loss: 12.363
🎯Take Profit: 13 - 13.438 - 13.853 - 14.581 - 16
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