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ICPUST trade ideas

🔥 ICP: Finally Breaking The Down Trend?ICP has been one of the most bearish tokens of the current cycle. After it's initial arrival on Binance, the token has been shorted to infinity and beyond. During this period of huge selling pressure, ICP has been trading alongside a falling trend line, see dotted line. The expectation that, in case of a relatively bullish BTC, ICP will break out of this trend. Ideally, ICP will break out with a huge >20% daily candle to confirm the bullish bias. My bullish scenario would be a $20 target within the next couple of weeks. ICP's gains can get very high due to the amount of shorts that have to cover in case of further bullish movements. Be aware that ICP can easily bounce off said resistance and move back down. Keep a close eye on the overall market.
by FieryTrading
20
short to mid term $ICP predictionHello Traders Another quality major altcoin that has big upside potential. Less riskier than some of the smaller altcoins but yet it is not risk free. No risk no Gains! Some major players in the space actively trading this coin and many exciting events and news occurring time to time. When the right time comes, this coin will strike hard! near term we are looking for 25%-90%+ gains. I will update this chart as we move along. What is the Internet Computer ( ICP )? "The comprehensive mission of Internet Computer is to turn the public Internet into a world-class computing platform. The developers position Internet Computer as a revolutionary network, due to facts that the blockchain is publicly available & equipped with impressive functionality. In addition, the project provides a borderless environment for smart contracts, running at web speed with reduced computational costs."
by librahimelamraoui99
38$ Soon ?? ICP Price Prediction -2022 Internet Computer (ICP) holds the 38th position on Coin Gecko right now. ICP price prediction 2022 is explained below with a daily time frame The above ICP daily chart laid out a Descending Trend Line Breakout, also known as the Falling Resistance Trend Line. The upper trendlines connect the Lower High. This pattern is generally a characteristic of a bullish trend. We can expect a breakout from the 5th Resistance Zone. Currently, ICP is trading at $8.63. The breakout Level of ICP is $10.50, If the price has breached the breakout level, then the price of ICP might reach the next resistance level of $22.39 and $38.54. If the trend reverses, then the price of ICP may fall to $5.00 Internet Computer (ICP) Support and Resistance Levels The chart below shows the support and resistance levels of Internet Computer (ICP). Resistance Level 1 $10.50 Resistance Level 2 $22.39 Resistance Level 3 $38.51 Support Level $5.00 The charts show that ICP has performed a bearish trend over the past month. If this trend continues on the higher side, ICP might run along with the bulls overtaking its resistance level at $10.50. Based on the recent volume it shows some good signs in the current market. Will see after Breakout Thanks Happy Trading!!!!
Long
by TheNewsCrypto
5
ICP gartley formation - up and down playPossible that we are seeing a "W" formation, aka., "Gartley", and or "Butterfly" This isn't confirmed yet, and we want 'to see some closes above the $7 mark to even confirm this. However, if this plays out as the pattern mentioned, then we will search a bearish momentum over take the coin. That means, usually upon the exit of this pattern, the price goes down. I've highlighted a potential support box for when that time comes. Until then, we are still expecting a rise higher up hopefully. The second bounce as mentioned in the previous ideas and this chart wasn't the strongest bounce up, so the strength right now is weak, and it may possible just continue sideways. Previous chart:
by BARSTrading
short to mid term $ICP prediction ! 25%+ PossibleHello Traders Another quality major altcoin that has big upside potential. Less riskier than some of the smaller altcoins but yet it is not risk free. No risk no Gains! Some major players in the space actively trading this coin and many exciting events and news occurring time to time. When the right time comes, this coin will strike hard! near term we are looking for 25%-90%+ gains. I will update this chart as we move along. What is the Internet Computer (ICP)? "The comprehensive mission of Internet Computer is to turn the public Internet into a world-class computing platform. The developers position Internet Computer as a revolutionary network, due to facts that the blockchain is publicly available & equipped with impressive functionality. In addition, the project provides a borderless environment for smart contracts, running at web speed with reduced computational costs."
Long
by SpaceCatZ
8
Internet Computer analysis; ICPUSDT Update 📈📉HEY, what's up guys ?! Since 05 Jan 2022, when Lastly updated Internet Computer coin , it has been declining till now . it wasn't able to continue its rising and as other altcoins slummed! but today as you see on the daily timeframe again for ICP/USDT , after a little consolidation phase around lower support zone , a little has jumped recently , so it can continue to rise and test this major descending trendline , and if be able to break it out ,it can reach the higher resistance level and zone, and likewise even see the vwap line , but then I expect a possible rejection at higher resistances lvls again ! so we can count on both long then short position ! ✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE! -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💚 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
by PRO_SMART_Trader
3