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ICPUST trade ideas

ICP inverted H&S*log scale Internet Computer is approaching the major downtrendline which dominated for almost a year. Price forming Inverted Head and Shoulders 🤷 so it looks like price may be bottoming but still too early to say! IF price breaks the Neckline @ 9.8 and the major downtrendline then I think there is chance for run to 14.9 and even higher. Check how the iH&S target coincides with important market structure (yellow). ENTRY : Neckline break @ 9.8 STOPLOSS (SL) : Left Shoulder @ 6.75 TARGET (TP) : Inverted H&S target projection @ 14.9 (view reg scale to do the projection Head-Neckline = Neckline-Target) REWARD RISK RATIO (RRR) : 1.5 INVALIDATION : when SL level hit (Left Shoulder @ 6.75) Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
11
ICPUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for ICPUSDT Here we have R3, R2, and R1 as the resistance areas and they all express the price was not able to rise at different points. And at the bottom of the chart, S1 is our support area that includes the well support of price. At the present, we have the price fluctuating below R1 and we expect it to have a decline toward S1 and reach some lower amounts. Then by providing some confirmation candles to rise, a rising trend would be there for it to reach higher amounts such as R2. If the price falls below S1, more decline is waiting for it. The point is to wait for some confirmation candles in order to make sure what will happen next and act precisely. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
2
ICPIn the month of December, the ICP cryptocurrency reached its new bottom. This coin has shown one of the biggest drops in the cryptocurrency market. But in my opinion, this project is quite interesting and has good prospects. Therefore, I think that buying this coin at this price will be very favorable for holders. Throughout the fall, ICP formed a downstream channel. And now the trend resistance level has been broken. And most likely in the short term we will be able to see moderate growth. The chart highlights several promising price levels where this cryptocurrency can reach. Therefore, this trading signal is suitable for both holders and futures trading.
Long
by TradingForProfitPro
2
🔥 ICP Break Out & Potential Short-Squeeze?🚨As of today, ICP has broken out of the 1.5 year bearish resistance line. I've made several posts about said resistance in the past, so it's great to see that ICP finally managed to break out! For now, I'm keeping the targets relatively close, see blue lines. Since there's a lot of shorts on ICP, we might see some kind of short-squeeze in the near future. Too early to tell, but I'm certainly keeping a close eye on this token in the coming weeks.
Long
by FieryTrading
6
ICP/USDT Waiting for rejection Hey, traders!! Today will be the day where we add ICP coin to our watchlist. Just as most coins it is also inside bearish channel but the difference here is that currently it is trying to breakout from that channel. With EMA200 + Channels upper line + resistance zone we see a good possibility for this zone to hold strong and push price back down. If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowPremium
3
🔥 ICP: Potentially Breaking Out Of 1.5 Year Bear TrendFew weeks ago I made an analysis on ICP and the potential break out of the 1.5 year bear trend. The break out failed, so no entry has been made. However, the same theory applies to this signal. I'm waiting patiently for a weekly close above the dotted resistance line. In case of a break out, I'm keeping my initial targets close at $5 and $6. Since there's a lot of investors shorting ICP, we could see some kind of short-squeeze develop at some point in the future. When it will happen remains a mystery, though.
Long
by FieryTrading
5