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INTERNET COMPUTER/TETHER USD

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ICPUSDT trade ideas

Internet Computer (ICP) 50% crash incoming.... On the above chart price action has been trading sideways since June. Recent developments suggest a bearish outlook. They include: 1) Price action and RSI support breakdowns. 2) Trend reversal confirmation with double top print. 3) Rising wedge confirmation with 50% correction forecast to $4 area. Is it possible this is all gibberish and fundamentals don’t care for Technical Analysis? Sure. Is it probable price action will correct as forecast? Very likely. Ww
Short
by without_worries
13
ICP targets and movementsICP targets and movements ===================================== the text Below is just none sense so that i can publish..Tradingviews asks for a miniumum descrptions but pictures are worth a thousand words..so see the images: Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
Long
by tradingkevin
ICP my trading planLet’s talk about Internet Computer Protocol (ICP)! Today, I’m reviewing this promising cryptocurrency and sharing my updated strategy and key levels with you. 📊 ICP has been gaining momentum, and I believe it offers great opportunities for growth. Below are the details of my trading plan. 🟢 Buy Zone: $8.7 - $8 📈 Take-Profit Levels: TP1: $11 TP2: $14 TP3: $20 ⛔️ Stop-Loss: $6.6 🔥 Risk-reward ratio: 1/7 Don’t underestimate the importance of risk management! The crypto market is highly volatile, so always conduct your own research and analysis before making trades. 🆘 Recommended trading volume: Allocate no more than 5-7% of your deposit for this trade. 📝 Good luck with your trading! 🚀
Long
by TradeMaster_Insights
ICP trading setup ideaWeekly: long term analysis BINANCE:ICPUSDT defined an All Time Low (ATL) at the 3$ level. After that low, ICP witnessed a very strong momentum upward with incredible volumes. It is now consolidating for several weeks at the current price level. Let's analyze it in a lower time frame to plan an entry. Daily: short term analysis Since the ATL, ICP had a very bullish momentum with huge volumes. After a period of consolidation under a very clear resistance level and a contracting volatility (see narrow Bollinger Bands), ICP is now attempting to break out of this resistance level with an increase in volumes. If breakout is confirmed, all ingredients for a powerful upward movement and a good trading setup will be gathered. Strategy Buy signal will be given on a daily close above the horizontal resistance line at 14,75$. Objective 1: Nearest resistance line at 23,50$ (+60%) Objective 2: Next resistance at 39$ (+160%) Objective 3: First wave target and next resistance at 82$ (+500%) Invalidation Mental Stop: just below the last consolidation low at 12$. This setup proposes a nice Risk Reward If prices retrace to this stop level we will wait for the weekly closing price then set a Stop loss ¼ or Risk below the weekly close price. Risk = Distance between Mental stop and entry point.
Long
by pollux3000