ICP weekly chart: The shittiest bullish chart in cryptoThe ICP weekly chart has lived in oversold territory for its entire life. But even the shittiest of coins can show signs of life.
1) It is possible that ICP is in a macro falling wedge and we have potentially reached the bottom.
2)ICP's RSI has to be one of the most oversold RSI in crypto. On the weekly we see signs of an end to bearish momentum as show by the bullish divergence.
Assuming we are still in a bull market. I could see ICP break out of this wedge and finding resistance at around the $40 mark. Followed by a retest and a show of support at around $32 before heading higher.
ICP
ICPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. As you can see the price has made a sharp falling and this can be a good place for those who would like to hold this currency in their portfolio for long term. But for the scalpers, if the price is able to break its first resistance, it can move toward its second resistance. Yet if the price goes below the support line and stabilizes there, we will have more falling which is less likely. But if it is able to break its second resistance to the upside, it can have a very good rise.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
icp long term hodlbeen waiting on this bad boy for quite a long time.
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i remember telling people icp would hit around $15 before it would really run
they all called me absolutely crazy (lol)
told me it's impossible
literally yelled at me telling me it's going to 1k.
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well i guess they were right, i was off buy $13 :^).
buying icp right here, and i intend to hold this for some time. not entirely sure how long yet, depending on btc in the weeks ahead of us.
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entry: $23
tp: $152
ICP - Massive Bullish Wave Coming!ICP is currently in an ABC correction and we are approaching the completion of the C wave. We are anticipating the next impulse very soon!
Trade Idea:
- Watch for strong bullish pressure at the -0.618 level (10-12)
- Enter with stops below that level
- Safe entry after the break of the descending red trendline
- Target the recent highs as first target and hold the rest!
ICP's ATH is ridiculously high so just hold until you're happy with the profits!
Goodluck!
Internet Computer (ICP) Buy ZoneInternet Computer (ICP) Buy Zone
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BIAS
Long-Term : Bullish
RISK : Medium
On daily time frames, Internet Computer formed double bottom. It’s currently retesting one of its main resistance level, which means we cold be setting up for a correction in Internet Computer before a 380% profit potential ride in 4-6 months.
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$ICP/USDT SPOT SETUP
Entry Price : 28.3 - 29.5
TP 1 : 34.6
TP 2 : 39.8
TP 3 : 45.5
TP 4 : 49.8
TP 5 : 54.5
TP 6 : 62.25
TP 7 : 73
TP 8 : 102+
Stop Loss : 26.25
*Stop Loss - ICP daily close below 26.25
*Maximum 2% of Portfolio.
*Whenever TP 2 hits, Move stop loss to entry.
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Time to buy ICP?Hello and Welcome to my idea about ICP / USDT .
If we take a look at chart we can see how price just hit a strong support nivel ( 28,22)
My personal next target is 37,87. If we will close over and after retest that point we can be bullish.
If u think this techinical analist is usefull please like and comment.
See u next time!
ICP looking very good for a profitable investOne Month : The current Internet Computer price is hovering around $47.78 , following a considerable drop in May and June 2021. Our analysis forecasts that the coin could head upper to find interest price level around the $49-$50 level over the next month.
Three Months – Assuming the Internet Computer price live can find a interest price level, we could see a push upwards before the end of the year. A likely price target would be the $80 level, which could be achievable over the next three months.
Start of 2022 – If the bullish momentum continues into next year, Internet Computer will likely attempt to breach the highs of September 2021. This would give the token a valuation of $90-$120 by the start of 2022
Our option for #ICP is BUY IT.
Please do your research before any trade or any investment, make your own decision, be patient and look long term wisely.
- Please comment, like and follow if f this post helped you.
Thank you for your time.
Have a profitable day.
| Review and analysis by Samadi Finance |
ICP Wyckoff Accumulation PlayICP/USDT
1D Chart
ICP has been moving sideways since the July bottom trading in a range.
Using Wyckoff I’ve analysed the chart on the daily candle chart and it looks to be an accumulation play over many months.
Ive identified characteristics similar to stages of Wyckoff accumulation and marked it up. Using fractals from the previous price action, I’ve pieced together a generic approach of what price would typically do according to a Wyckoff accumulation model. The model is flexible as not all price action will repeat itself in the form of Wyckoff but variations creating the same setups occur throughout sideways price action. You could identify another 2 Wyckoff distributions in this chart alone so a degree of flexibility as price action develops is required.
This new low we have put in from the crash has a big wick showing a lot of buyer presence and very high volume showing the entry of the composite man at the low of the range (good sign). This low to me is the ST as SOW but could also be the Spring, only time will tell and provide us with confirmations.
Internet Computer (ICP) can go down to $11Most of you can say this is a classic Wyckoff accumulation with the last shakeout spring, but it seems to be not.
Main reasons are that on 3d timeframe ICP looks very weak, this is not how spring usually looks.
I expect ICP to go sideways, maybe test its resistance and then go down to $11 or even less.