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ICPUSD trade ideas

Internet Computer (ICP) • Potential setup ICP is looking here good for possible entry with clear stop under the recent local low. Worth to explore long setup here. Like many other alts this is an illiquid market and heavy dependent on what happen to Bitcoin and rest of altcoin market. This can quickly go to zero so be careful with risk allocation. ICP is highly speculative. I also outline few interim target zones where we are likely to see some resistance. Trading bellow $38 invalidates setup.
COINBASE:ICPUSDLong
by D7R
2
Perfect Buying OppurtunityAs the title suggests, this a a perfect buying opportunity. A new project that will probably do very well in the future, down 95% and just double bottomed. This coin could do over 1000x during the next run up. Awesome project, brand new, cheap. Rare opportunity to get in a good project like btc or eth early. That's where all the $ is made, not people who buy when the price is already up 100's or thousand's of x. "HODL BTC!" The price is up 3 million x, how much money are you going to make? People just like to jump on hype trains, get in early before anybody is interested, before its exciting, while its boring, and you will make it. It's called smart money for a reason, so later dumb money can wish they had bought sooner, or hadn't had paper hands and sold out early out of impatience and lack of experience. This may not be a short term play, it could take years for this investment to mature, those who are willing to take the opportunity, and have the patience to hold until its life changing will succeed.
COINBASE:ICPUSDLong
by jacobvonharringa
4
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.
COINBASE:ICPUSDShort
by Mattysalads
1
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.
COINBASE:ICPUSDShort
by Mattysalads
5