ICPUSD trade ideas
ICP to retest a longer term Fib levelThe top 50 coins are doing pretty well lately and ICP is no exception.
ICP may retest $10 as momentum indicators appear to show momentum is only just now starting to wain in the uptrend
We will need to keep an eye on the bearish divergences showing up as it loses the steam on the uptrend, but $10 looks like the next target if the market on the whole remains bullish in the short term.
ICPUSD Golden Cross targeting 9.85 short and 24.50 long termInternet Computer/ ICPUSD is testing the 1week MA50 with a 1day Golden Cross a day away from forming. Its pattern is a Channel Up, formed after the Falling Wedge broke upwards.
A rejection on the 1week MA50 can cause the final pull back for the 9.85 Resistance A test. Crossing above this level opens the way long term for 24.50 (Resistance B).
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ICP breakoutOne of the many coins that will pump, it has a very clean TA. Double bottom. Fakeout below key level, with range re-entry and retest. Breakout of a decending channel will with retest. Measured move of the decending channel's breakout is confluent with range resistance.
a the moment only 9.9 target is high probability, but break into upper ranges will entail further moves up.
ICPUSD: Would you Short it here? - 4H
- Overpriced checking on RSI
- Based on key S/R I speculate a 10 - 20 % dip.
- Wave counting based on 4H has been depicted.
- Since BTC.D can increase alts can correct some of their recent growth.
- Not a financial advice.
ICPUSDT go to 8$Hello.
Now we can see how the price is shrinking, preparing for a shot. While bitcoin has grown well relative to fibonacci levels, the rest of the moments after a strong pump have not yet recovered. Therefore, looking at the ascending triangle pattern, I assume that soon we will see an explosion from ICP to at least 8 bucks, but if we fall below the triangle, we go for a correction.
ICP bullish on all timeframes ICP is bullish on all timeframes
I don’t see much downside now
It’s broken the downtrend
There is a range it may consolidate in from 6-12 bucks and from there further upside can be achieved
GRI 2023
ICP - Bear Time Pump
Same idea as AVAX.
IF - big if - the price retraces the recent FTX dump and closes above $4.6 (June lows), then I can see it squeeze up to the two areas highlighted in red. I plan on buying where the red arrow points.
If the price closes back below $4.6 after rising and closing above it, then this prediction is invalidated. What I mean is that my prediction holds only if the coin finds support above $4.6
First altcoin trade in 1.5 yearThis is my first altcoin trade in 1.5 years, not because i believe in this project. but i believe in the reward it will give as a trading vehicle during the move upwards the coming month. Was not expecting this strong move upwards, but all models pointed to a mini run with volume to back it up. stepped in around $4 and believe this can run to $8. After that we will print a new low.
BUY INTERNET COMPUTER Just one more thing…
*Columbo gif*
This is going to fkn moon
NOT TARDING ADVICE
GRI 2 0 2 3
Chart- breakout, bull div. ;weekly, logarithmic
ICP - Falling WedgeWe are facing ICP broking the falling wedge's border in timeframe Weekly. This is a bullish pattern and are sustained by RSI that keep upward tendency. Also we can see Sthocastic broking the tendency by antecipation.
ICP MOMENTUM SHIFT ICP has began to shift momentum on the weekly indicatort. This is the first time it is done so nearly ever. this is long overdue and we can see now that a momentum shift is occurring to the upside. This marks the beginning a new phase and one of the first weekly closes in an upward Direction.
Can ICP have a comeback?Dev is still working and the amount of people following the project is pretty high ( 381,540 as per coinmarketcap). I started following this project the day it launched and it TANKED from the beginning without even a considerable bounce of any kind. Today it stands at -99.49% from all-time high without registering an ROI.
Falling wedgeThe price of ICP Internet Computer appears to be locked in a falling wedge on the weekly time frame, which means that the price is in a downward spiral that is tightening to the downside putting more pressure on the market and eventually a breakout will follow. On the RSI a slight positive divergence and the MACD which has been up for some time but is still below the 0 line.
Grab the daily time frame and here I grab the latest downtrend within the formation above which falls nicely into a downtrend channel . The EW also fits nicely into this and these readings are also respected, though I did add an alternative wave 5. Then attention to the Broadening wedge , which in the EW is sometimes called an Expanding triangle. As it looks now, the MACD seems to bend upwards and thus we create positive divergence which somewhere then fits nicely into the story of the weekly timeframe in addition to that when crossing the 0 line this can be seen as a trend change. Should the current support of the Broadening wedge break down, I expect that we can go down towards $2.50.
Expanding Triangle / Broadening wedgeThe price of ICP Internet Computer appears to be locked in a falling wedge on the weekly time frame, which means that the price is in a downward spiral that is tightening to the downside putting more pressure on the market and eventually a breakout will follow. On the RSI a slight positive divergence and the MACD which has been up for some time but is still below the 0 line.
on the daily time frame and here im taking the latest downtrend within the formation above which falls nicely into a downtrend channel. The EW also fits nicely into this and these readings are also respected, though I did add an alternative wave 5. Then attention to the Broadening wedge, which in the EW is sometimes called an Expanding triangle. As it looks now, the MACD seems to bend upwards and thus we create positive divergence which somewhere then fits nicely into the story of the weekly timeframe in addition to that when crossing the 0 line this can be seen as a trend change. Should the current support of the Broadening wedge break down, I expect that we can go down towards $2.50.
Moar Wyckoff nonesenseWas trying to explain Wyckoff to someone and so I explained it best I could then gave them a standard Wyckoff diagram.
After that picked a random coin and looked at different time frames, and was able to spot a Wyckoff cycle.
I marked up the chart with Wyckoff annotations and since I spent the time doing it I figured I'd share it to see if it helps anyone.
This is a downtrend, but Wyckoff is still occurring at different time frames...
ICPUSD decision time - short termWhat we can see on the chart is a symmetrical triangle pattern .
Take a position only if/when the price breaks out of the triangle.
If the price breaks down, enter short.
If the price choose upside, enter long position.
Targets as shown in the chart.
P.S Don´t forget to setup stop loss :)
Good luck
RSI Higher LowLooking at #ICP and #BTC. Both assets made a lower low and if the RSI can hold strong there should be a incoming bounce for both assets in the coming weeks. But if sell pressure becomes to much we'll have to see where it goes. have Stop losses ready
ICP updateLooking for a big final push down in nov..
I think this falling wedge will break downward instead of upward as I thought a few months back..gl
ICPUSD one more drop is still possibleWhat we can see in the chart is a head and shoulders pattern.
If this pattern plays out , we will see 30 % drop
$4,20 may be a good price to buy more ICP if we get it.
Long-term we still expect $80 .
Short-term $4,20 would NOT be anything surprising.
Enter the short position only if/when the price breaks down the neckline of the head and shoulders pattern.
Is it time for $ICP long?Almost all Alts look the same, Bitcoin consolidation will not stay forever, this setup will be valid if we get a Bitcoin breakout to the upside and this can only happen when FED starts to cut interest rates after CPI decreases.
#ICP #btcstarburst 1600%…Was this a rug? Was this bad timing? I think people should DYO and see what they are working on… I believe they are still building in the background… This just a study Dca safely Gann theory
