ICPUSD - Trade Setup.Accumulate ICP between 16.7$-15.4$.
Place Stop Loss (SL) must at 14.2$.
Selling Target 1 : 20$.
Target 2 : 22$.
Target 3: 24$.
ICPPERP trade ideas
ICP Weekly is a must watchNot a Financial Advisor.
I've been away for a bit - Market looks much nicer!
So I've been working on ICP projects (NFTs) during my absence
I firmly believe this coin will be 4 figs - the development being done on this blockchain is state of the art. Truly remarkable. Developers all know it, few get to see that side, it's going to incredible in the coming years.
ICP is a long term investment - you can make money in the short term likely to hit $100 in the next 8 weeks in my opinion.
BTC integration coming. ETH integration coming before 2023.
This small community is going to continue growing, ICP should turn heads this year.
Breaking major downtrend on the weekly - look into the BTC integration - how many coins have been burned, should help research.
ICP reversal SignsLooking at that the RSI, it made a higher low and the candles made a lower low. The RSI is showing a bullish divergence. Also the price has been falling into a wedge, meaning its running out of sell pressure. The monthly support is at 20$ acting as a resistance right now. i can see that giving and hitting $35 as the next stop. have to see the pattern payout once we're at $35. over all outlook. i can see a reverse head and shoulder playing out to $80. This will take sometime to unfold
ICP in good position to growLooks to have broke a strong downtrend. Prob needs to break the 37 resistance to confirm a real strong upward move to 55, 72, and higher. Short term target of 24 should be hit soon.
I think the key will be breaking the 200ma, which, if this move continues, will probably be in the 33-37 area. Nice bullish movement w RSI relative to price action as well. Four strait Green Day’s, although not super significant, could indicate a general positive reaction to breaking the downtrend.
Not a pro. DYOR. Please leave comments/advice. Always learning…
ICP 1 h longSetup: ICP has forming higher highs and higher lows for the 1hr chart. The 4hr chart is also showing an uptrend. The daily trend however is showing a downtrend, so please do not hold on to this trade for long
Entry: 19.19
SL: Atr trailing SL at 18
TP: 23.61
ICP to $38 in April?If we continue to see BTC pump into spring time I think it we can expect alts to follow.
I expect ICP to head toward the point of control of this lower price range at around $20. This would coincide wit a break of the descending wedged.
It would then be reasonable to see a bullish retest at the top of the wedge before a continuation to what I consider the first major level at around $38-$40.
A break and hold of $38-$40 would confirm a macro reversal. I expect ICP would challenge that $87 local high shortly after.
I think we could see the retest of the $38-$40 by mid April.
ICP breaking MAJOR resistance Could always be a fake out so we need to retest for confirmation, but this is the first time in months ICP has been on this trend, so a big, big move could be imminent. RSI is showing very bullish divergence on the weekly. Worth keeping an eye on…
Internet Computer ICPStarting to accumulate ICP in this zone and lower, in case btc goes below 30k.
Weekly RSI moving in an interesting channel.
Everyone says this was a scam from VC when it appeared on the exchanges , maybe, but the fundamentals are there = strong project.
ICP Touch Down on Descending Triangle On the 6h MA we can see the triangle breakout, and then touchdown on the top as is common behavior.
We pierced the lower bollinger band so on the 6H we are ok for a bounce, but nothing is guaranteed .
Please see the image below for the entire triange on the 1D:
Possibilities:
1) Bounce Upward
2) Continue to follow the triangle down for a bit, then up.
3) Drop down into triangle
ICP SHOWING FIRST SIGNS OF RECOVERY, 3,7,2022As We See On The Chart And Indicators Icp Is Today ,3/7/2022, Showing Its First Signs Of Recovery And Reversal. The Red Indicator Shown On The Bottom Shows Momentum For The Bears Losing Its Control And The Beginning Of A Bullish Candle On The Weekly-
The Last Indication Showing To Be Last Year On 2/28/2022. One Year Of Consolidation. Also Icp Total Circulating Supply Has Just Reached Over 50%....
Wyckoff For Dummies (Including the Author)Hello,
I am a dummy, so often it takes a long time for things to sink into my thick skull.
Loss of money (or failure to make mony) is often where I learn the best.
Instead of learning from my mistakes I enjoy repeating them many times...just to make sure.
Anyway there are four important points in common price action (FOR TRADERS), and they have acronyms:
PSY - Preliminary Supply
BC - Buying Climax
AR - Automatic Reaction
ST - Secondary Test
Go ahead and look this stuff up and get all geeky with it, but I find waiting for a breakout and understanding these four points is important.
On most charts the pattern is distorted; this chart looks damn near perfect for a Wyckoff. You might need to use longer timeframes to see a Good chart that fits the model.
After the AR when the price comes back up again near the BC; this is the Secondary Test or ST--its time for me to get out because I lose money after that point if I play around. Also can sell half here just in case it rockets up because of reality.
Good luck and regards,
Dummy
Triangle Breakout and bounce?Of course everything is bursting at the seams, but here is my 100th "ICP looking bullish" idea. :|
Either we'll see $28-30 soon, or it will bounce down the top of the triangle for awhile...I've also seen XLM drop below the yellow triangle after a breakout and then bounce along the bottom of it. :O
Keep in mind the last bottom hasn't been retested on the 1D. ;)
Meaningful and detailed description.
ICP targets for alt seasonI have been charting coins that look very good in anticipation of alt-season,ICPUSD is one of them. Targets can be found in the chart 19$,36$ 57$.It can extend as far as 80$.In 2-3 months lets see how this analysis will look.
Inverse H and S?Potential inverse head and shoulder on 4 hr chart. Would wait for a little more confirmation. Price could jump to down trend resistance. That being said, I’ve seen a couple set ups that I thought would make it to that resistance and haven’t, so this idea is more for my records than any kind of trading advice.
Suggestions welcome
ICP is about to wake up and shake the marketWeekly time frame falling wedge reversal pattern shows a bottom for ICP
ICP - Bullish Candlestick Charting #Week04AssignmentThe price dropped down massively when it was riding on the bullish trend due to the announcement of the war. However, the bullish hammer then gave us an indication of the trend reversal and an upward trend is again being seen.
ICP can give %40 profit soon from this price levelICP can give %40 profit soon from this price level
ICPUSD Bullish Shark with lots of RSI Bullish DivergenceWe have what seems to be a Lower Low Double Bottom at the PCZ of a Bullish Shark Pattern with a bunch of RSI Bullish Divergence that if it plays out will take us up to around a minimum of $50
Internet ComputerInternet Computer ICP/USD. Here's levels on the 1-day chart:
52 week high = $751
52 week low = $18
7 day high = $22
7 day low = $19
breakout = $27.72
R3 = $26.04
R2 = $24.36
R1 = $22.68
pivot = $21
S1 = $19.32
S2 = $17.64
S3 = $15.96
breakdown = $14.28
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com
Target in Q1-Q2 2022 for ICPVery interesting WEB3 projet that will explode this year.
Very huge roadmap for 2022-2023
First target iz ATH around 250-320$ but can repeat ETH history and grow up until 2000-3000$ in the future
ICP to finally test down trend?Is the bottom in at 20? Should know it a few days, if not sooner. The 20 support is close to meshing w the down trend, which should show us if a nice break out is coming, or the dump continues…
Do feel the need to say, all my posts tend to be long or positive. This isn’t because I ignore the negative, it’s bc I only trade on spot, never use margin, and don’t short (nothing wrong w it, just doesn’t work for my situation). When I have an idea for a trade they are always long, so I wanted to be clear in that regard.
Thanks. Good luck traders
