ICP on bullish pennant.ICP, on bullish pennant. Will it break to the upside? Will this be a great buying opportunity?
ICPUSD trade ideas
ICP Shorting: Continued Profit Printing Successes!As we can see, ICP has formed a new descending channel, as the price approached the former price point of the dead cat bounce, the buy pressure fizzled out very fast. I am expecting a dramatic fall in price here.
TP1: $28
TP2: $18
TP3: $10
Also, I am expecting Dominic Williams, Dfinity CEO, to perform the “badlands” hard fork of $ICP to $BDL for damage control. If this happens, an immediate short of the BDL token would be my course of action.
No Dfinity/ICP shills.
ICP LONG SET UPSupport: $35.50/$30.50/$28.50
Resistance: $43.00/ $53.00/ $71.00/ $88.00/ $103.00/ $124.00/ $138.00/ $168.00/ $203.00
icp long setupbuy 31.2
sell 70
ps. safe to buy spot here in this gz, but no leverage trades unless we get down to the algo target right beneath.
ICP Continued Short Success(es)Initial recommended short opened at $48 is 26% in profit, with leverage huge success.
ICP still following descending channel, volume is extremely bearish. Looking at a second test of $30, if broken;
TP @ $28.
If liquidation is above $58, recommend against closing the position until $9 (taking a 2X multiple of fake quoted VC price of $4.50, believe we could see a renewed scalper attention at this level).
With the CEO of Dfinity, Dominic Williams stating a proposal of Kusama esque move for ICP that has gotten an extremely negative response, and Dfinity/VC’s controlling ICP’s governance making the proposal more of a stated direction, this move would have a large negative effect on price.
If the BDL token is launched, I’d recommend immediately shorting it.
Also, believe Huobi and OKEX are offering the capability of shorting ICP. FTX has for awhile.
Please no Dfinity/ICP shills, just a followup on a successful trading recommendation.
icp trade is back on 🤘wave 3 target = $124
missed the gz trade, but will be looking for a clean entry on the next pb ~ stay tuned!
talked about it recently via:
ICPUSD Icp almost ready for double bottom and blast off to sky. Everyone expecting BTC to dump. I have a feeling we might blast off. DYOR.
ICP $$? *short term*SHORT TERM! SHOULD BE ALITTLE DEAD CAT BOUNCE LEFT IN HER..I know the whole markets down , everything follows BTC , but miracles can happen. This team has a reputation to build back
ICP: I'm Bullish!Notice how there are two previous events where ICP has dipped down and then come up for a nice surge. Trends tend to happen oftentimes in thirds and so its realistic to assume that, if ICP makes this double bottom, it will make a surge upwards. It may not even need the double bottom if you want to be excitedly optimistic. The way that the RSI and ADX are positioned show that it's cleared for a bull run if it chooses. Thanks for reading!
Icp usdICP likely will create double bottom probably at .386.
33 dollars or something like that. If we create double bottom now then ICP launch will be confirmed. GL.
ICPUSDT ewt analysistwo possible scenarios from here, buy indications are starting to flash though, so a decision needs to be made today - we hit the .50 recently for what looked like an a-b-c into the 2.
normally i'd love for an asset to get down into the golden zone for a wave 3 swing, so i am a bit weary getting in right now.
would love to hear anyone else's thoughts \ opinions on this.
thanks in advance.
ICP Respected Upper Boundary! SHORTICP once again hit the upper boundary, and while Matic, Chainlink, Bitcoin, Ethereum, Fantom, Sushiswap, YFI, ADA, Solana, etc, all are up from 3-7%, ICP hit its upper boundary of its falling channel and is already down 2%, I would ride this down on a great short opportunity.
ICP USD super bullishIcp Likely to reach above 80 probably with in next 3-4 days. Depending on if BTC Holds. DYOR. GL.
ICP was ranked number 3 on lunar crush yesterday.
ICPUSD Do you guys notice something. Inverse head and shoulder also spotted at 4 hour time frame. Breakout target is exactly in alignment with previous wick low. I am expecting ICP to reach above 80 in few days. Please DYOR and good luck.
icp 1h weekend setupclean wave 3 setup, looking forward to this one very much.
upside target for this wave 3 sits in my upper purple box ~
taking 50% profit at the first purple box mid way to the final target ⭐
ICP Short Success + New AnalysisSo far ICP after its 96% free fall began trading in a downward channel, which its respected the upside (tested twice on dead cat bounces by scalpers) and went directly to the bottom of the channel (56% loss). The buyers are not strong support as they’re buying to scalp due to the asset falling 96%, and aren’t long term holders.
The last time the upper boundary was tested, it was immediately slammed to the bottom of the channel (50+ % loss). The short I recommended taking at $52, I would take profit at $25.
I do believe Bitcoin will retest $40,000 and go into a renewed bull rally, as it’s way oversold, but I do not see a sustained ICP rally, nor it moving above $60. If not already in a short, I would wait for the Bitcoin daily close, and if ICP is up more than 10%, open a short position and take profit at $25.
More exchanges are supporting shorting ICP, I currently use FTX perpetual, but I believe Huobi also have opened the ability to short ICP if you already have an account there.
Icp USDAnother look at bull flag at 4 hour time frame. ICP ABOUT to bounce. RSI is almost at support. DYOR.
Icp usd Running out of time. Either going above 60 or down to 28-30. DYOR. BTC move will determine ICP move.
