ICP - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
ICP broke our brown falling wedge pattern upward , but before we buy, we want the bulls to prove that they are strong enough to take over.
on DAILY: ICP is forming an inverse head and shoulders pattern but it is not ready to go yet (still an idea)
Trigger => Waiting for the right shoulder to form and then buy after a momentum candle close above the gray neckline.
Meanwhile, until the buy is activated, ICP would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ICP
ICP Massive falling wedgeICP has formed a massive falling wedge on the HTF with lots of bullish divergence building up since August on 3D chart. Price completed a 5 wave corrective series with smaller sell side pressure in each wave.
A new higher high has just been formed the daily with nice buy side candle on the weekly chart when the candle closes tonight. Signs of a reversal are forming and think its a good DCA buy here.
Would like to see a HL be formed and take out the first level of supply for a continuation to the upside
ICP Weekly is a must watchNot a Financial Advisor.
I've been away for a bit - Market looks much nicer!
So I've been working on ICP projects (NFTs) during my absence
I firmly believe this coin will be 4 figs - the development being done on this blockchain is state of the art. Truly remarkable. Developers all know it, few get to see that side, it's going to incredible in the coming years.
ICP is a long term investment - you can make money in the short term likely to hit $100 in the next 8 weeks in my opinion.
BTC integration coming. ETH integration coming before 2023.
This small community is going to continue growing, ICP should turn heads this year.
Breaking major downtrend on the weekly - look into the BTC integration - how many coins have been burned, should help research.
ICP reversal SignsLooking at that the RSI, it made a higher low and the candles made a lower low. The RSI is showing a bullish divergence. Also the price has been falling into a wedge, meaning its running out of sell pressure. The monthly support is at 20$ acting as a resistance right now. i can see that giving and hitting $35 as the next stop. have to see the pattern payout once we're at $35. over all outlook. i can see a reverse head and shoulder playing out to $80. This will take sometime to unfold
ICPUSDT, We are accessing to trendlineGood Night everybody
According to the chart and last analysis as you can see the price is moving in downward trend and in last analysis our 2nd target reached and then the price continue their downward trend and now the price need to recover the last wave and until the price is not break up and consolidate above of key point level the trend is downward and we expect the price can go up and reach to the trendline resistance zone and can drop from there to the target .
We will update the target as soon as possible and after impact to the trendline.
Dont forget use stop loss and observe capital management.
Previous analysis :
If you have any question and any help, you can send us messages
Good Luck
Abtin
ICP/USDT Main trend. "Double bottom" with a flat top. VolumeThe main trend of this cryptocurrency. A squeeze zone along the trend. Again a large volume of the buyer came in the accumulation zone. Local momentum. Pullback. Zones of levels to work showed on the chart. Have your trading strategy and follow risk management in your trading.
Coinmarket: Internet Computer ICP
#ICPUSDT Breaking out, Worth a shot?Welcome to this quick trade setup.
ICP broke out of the orange falling wedge channel inside the larger channel.
If we zoom out you can see a bounce on the support trendline VOLUME IS LOOKING GOOD too.
Many indicators point towards reversal signs.
The strategy is to accumulate at lower levels by buying at every dip.
ENTRY: $15.47 to $17.54
Targets:-
$21.88
$29.83
$34.52
$40.12
$55.32
$81.33
$121.30
Stop Loss:- $14.77
Do your own research before investing, I am not a financial advisor.
Keep in mind this is a long-term
view and it can change as per market conditions.
If you want me to post more trade setups, do hit the like button and share your views in the comments section.
Thank you
#PEACE
ICP/USDT BREAKS OUT! 80% PROFIT EXPECTED!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ICP/USDT TRADE setup. ICP looks great here.
Breaking out from the falling wedge in the daily time frame. It also breaks 21ma.
Also, making a big bullish divergence in the daily time frame. Buy some now and add more in dips.
Entry range:- $16.4-$17.4
Target1:- $20.2
Target2:- $23.6
Target3:- $27.4
Target4:- $30.2
SL:- $15
Use low leverage (2x-4x)
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
ICP to $38 in April?If we continue to see BTC pump into spring time I think it we can expect alts to follow.
I expect ICP to head toward the point of control of this lower price range at around $20. This would coincide wit a break of the descending wedged.
It would then be reasonable to see a bullish retest at the top of the wedge before a continuation to what I consider the first major level at around $38-$40.
A break and hold of $38-$40 would confirm a macro reversal. I expect ICP would challenge that $87 local high shortly after.
I think we could see the retest of the $38-$40 by mid April.
Internet computer #ICP : Longing plan ICP is trading inside a Huge falling wedge and we have a smaller falling wedge inside the bigger wedge. Currently, The price is getting squeezed and if Smaller wedge resistance break upwards, We may see the price get gravitated towards the larger wedge resistance.