ICPUSDT
ICPUSDT - Long or Short? some thing we need to notice!BYBIT:ICPUSDT
1H trend chart
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Long
Price has stopped falling since hit high on 10/6 and keep consolidating now.
We can expect it is going to break out the long-term downtrend line.
If this downtrend line is taken out, there is a timing for entry.
But I suggest to long after confirming the price stands firm at $45.48(blue horizontal ray)
Short
A potential Head and Shoulders pattern is forming...
Therefore, should be very careful if the lower uptrend line is broken out.
I prefer to long it, so if it does as we presume above, trading strategy as below.
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Profit Targets:
a) 47.48----Fib(1)
b) 49.51~50.34----Fib(1.272~1.382)
c) 54.96----Fib(2)
Stop losses:
I will provide it depend on the timing I open position.
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₿ ICPUSDT 1D ₿ : 16.Oct.2021This analysis is a check of the chart in a Daily time frame and everything is clear on the chart and does not need additional explanation ... However, if you have any questions, be free to ask .
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 16.Oct.2021
⚠️(DYOR)
Internet Computer vs Tether Going Bullish (ICPUSDT #2)I've been drawing this chart several times now but my "wonderful" Apple laptop decides to reset the page each time and delete everything... Useless Safari/MacOS so I guess we get no drawings.
Here we have Internet Computer (ICPUSDT) turning now bullish and this supported by multiple signals.
We had a low back on the 20th of July after which a bullish move showed up peaking 6-September, we end up next with a higher low and things are starting to turn.
We can see the trading volume leaning towards the bulls/green.
We have prices moving above EMA10.
As a signal, the recent higher low between 26-Sept. and 13-Oct. cannot be overstated.
This is the giveaway telling us of higher prices.
I can't believe I wasted thousands of dollars on this laptop but ICPUSDT doesn't care and is ready to move up.
I've mapped mutliple targets for you...
There were better drawings... Sorry.
Thanks a lot for your support.
Namaste.
ICP - can be easy 15%YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
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ICP butterfly pattern#ICPUSDT
$ICP seems is in a long term rising wedge, as you can see support zone is doing its job well and price is still above the support. also in RSI if we draw a support, candles hold the support too.
there is a butterfly pattern that if price break out from descending resistance, bulls can go trough the resistance zone to complete this pattern around $65.
ICP - PUMP! TP1 63$The uptrend line has been retested 3 times.
Especially in this 3rd time, the price continuously followed the uptrend line, showing indecision.
According to the time frame price runs, today or tomorrow the price will have a drastic change.
It can be an increase or it can be a decrease.
Waiting for the day candle to end everything will be clearer.
However, watch the candles retreat. Along with Current Trend BTC up -> Big Cap increases.
Therefore, I choose the option to increase, which means that the price will PUMP strongly.
TP1: 63$
TP2: 69$
TP3: 77$