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.
ICPUSD trade ideas
#ICP $ICP The setup looks clean ! Currently sitting on OB support which opens up an opportunity for a best R:R Long setup !
Got a bag here and will add more to my longs after confirmation for the target mentioned !
We have complete Wave A & B and we will ride Wave C
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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 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: 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!
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 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.