ICP PRedictionIts looking good at the moment, been watching this for a while- lets see how it plays out.
So long as the SPX doesn't drop I'm feeling confident.
ICPUSD trade ideas
I know a lot of people got burned . .BUT the project is still the same project , and the tokenomics soon improve, as from next month - I can only be VERY VERY bullish on ICP . .
Sentiment may be very bearish towrds it, but business is business, and when the "day of reckoning" comes - and the REAL BIG BOYS enter the market, projects like ICP will ROCKET and old hat sentiment for the likes of absurdly outdated coins like Litecoin / ETH Classic /ECT ECT will be dust . . .EVEN ETH and BTC will have to be RADICALLY improved , if they hope to survive - Mining is an absurd concept, and always was !
The main-stream banks /finance could kill crypto tomorrow - BUT they want the tech . .and the technicians . .they are NOT known for sentimentality !!!. .
ICP appears to be breaking up from a falling wedge.I don’t trust this crypto after it had such a massive free fall from its original price so it wouldn’t surprise me if this is some crazy bull trap…however TA suggest it should be heading back to the $60 range some time in the near future. *not financial advice*
Icp going upBroke resistance. Next target 26, then 37. If 37 broke, we will be back above 200ma and can look for higher moves
ICP - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
ICP broke our brown falling wedge pattern upward , but before we buy, we want the bulls to prove that they are strong enough to take over.
on DAILY: ICP is forming an inverse head and shoulders pattern but it is not ready to go yet (still an idea)
Trigger => Waiting for the right shoulder to form and then buy after a momentum candle close above the gray neckline.
Meanwhile, until the buy is activated, ICP would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ICPUSD - Trade Setup.Accumulate ICP between 16.7$-15.4$.
Place Stop Loss (SL) must at 14.2$.
Selling Target 1 : 20$.
Target 2 : 22$.
Target 3: 24$.
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
