Exploding ICP - Internet ComputerAll time High was $2800.
I predict a high of $80 dollar this year. Price is now $9.2
ICPUSDT.PS trade ideas
ICP, Time To Move?The down trend line is broken and it is forming higher highs. The next major resistance is close but watching the overall market performance is the key.
Icp/Usdt Idea
The ICP/USDT pair has confirmed a breakout on the 4-hour timeframe, indicating a strong bullish momentum. Key resistance levels have been surpassed, suggesting potential for significant upward movement in the short term.
Price Targets:
Short-term Target: Aim for the nearest resistance level, which could act as a profit-taking point.
Long-term Target: Assess historical price action for further resistance levels if the bullish trend continues.
Risk Management:
- Consider setting stop-loss orders to protect against unexpected reversals.
- Stay updated on market news and sentiment, as external factors can influence price movements.
Conclusion:
This bullish breakout presents an opportunity, but always conduct your own research and manage risk effectively.
Long trade
Sat 21st Sept 24
4.00 pm (NY time)
Pair ICPUSDT
Buyside trade
Tokyo Session
Entry 8.346
Profit level 9.269 (11.06%)
Stop level 8.262 (1.01%)
RR 10.99
ICP trendline breakout attemptIcp is currently trying to break the trendline resistance, last time we did this we got a 4x pump. Eyes on a break
ICP HTF Bullish Continuation IdeaICP had a strong first move in Q4 of 2023, no doubt the next Q4 will be the same, if not better.
The next leg up will be glorious, keep an eye on this chart! 🔥
Following HTF bullish structure and orderflow in a bullish channel, having pulled back to the lower channel in a discount whilst coiling up in a falling wedge. Only a matter of time before it breaks out.
Expansion to the upside loading......
ICP USDTICP USDT
spot
Please watch until the line breaks from above and then enter, you can also enter after the futures line breaks, this is a simple pattern.
It has compression
ICP about to breakout!!I think we are in the final phase of correction where Z formed into a triangle pattern.
ICPUSDT.1DObserving the daily chart for ICP/USDT, it's clear that the market has undergone various shifts, marked by the creation of significant high and low points. The price currently hovers around $8.622, nestled within a defined trading range.
Trend Analysis: The ICP has been trending downward, as indicated by the descending red trendline on the chart. This trendline has been a consistent resistance, pushing the price lower on each attempt to break higher. The recent price movement suggests an upward trend might be forming, but it remains critical to see if the price can break and hold above this descending resistance.
Key Levels:
Support (S1): $4.681 - This level is crucial as it represents the most recent significant low. A breach below this could signal a continuation of the bearish trend.
Resistance (R1): $11.125 - This level aligns with previous price peaks and the descending trendline. A breakout above this level would be a significant bullish indicator.
Resistance (R2): $14.156 - This is the next significant resistance if R1 is surpassed, indicating a possible return to previous highs.
Technical Indicators:
MACD: The MACD line is above the signal line and both are above zero, suggesting a growing bullish momentum. However, the close proximity to the signal line advises caution.
RSI: At approximately 59.57, the RSI is in a neutral zone, indicating no overbought or oversold conditions currently but leaning towards overbought territory.
Conclusion: Considering the current setup, my strategy would involve watching for a decisive break above the R1 resistance level at $11.125. Such a move could validate a change in trend from bearish to bullish. Conversely, a drop below the recent support at $4.681 would reinforce the bearish trend and could indicate further downside. Given the current market signals, maintaining a flexible position to capitalize on a confirmed breakout above resistance or breakdown below support would be prudent. The inclusion of stop-loss orders to manage risk in case of sudden market reversals is also advisable.
This pattern could potentially yield a significant increase🐺 Hello Dear KIUCOIN community, welcome to another idea : 🐺
This idea may be brief🤔, but it offers significant potential benefits . Please take a close look at the following chart : 👇
As depicted in the chart, ICP$ appears to be forming a bullish pattern, potentially resembling a bull flag or an AB=CD pattern ; Based on my analysis of the pattern, I believe there's a strong potential for a significant price increase, possibly reaching the 0.618 Fibonacci level , also known as the🔥 golden ratio 🔥
🐺 Consider entering a long position once the price decisively breaks above the resistance line 🐺
I hope you enjoy this idea KIUCOIN community ; Also always remember :
🐺 Discipline is rarely enjoyable, But almost always profitable 🐺
Don't forgot to follow us on X 👇🔥
$ICP (#InternetComputer)🔻 Trend Break Point: A break above $11 signals a potential trend reversal. The key resistance zone to watch is $11 - $15.
🔻 Consolidation Scenario: Keep in mind a possible wide range sideways movement, where after testing $11 - $15, the price could be pushed back down to $4 for consolidation and accumulation.
🔻 Downside: Liquidity buildup observed, which can be easily taken out, driving the price down to $3.7 - $3. PA below $11, the downtrend remains intact with likely consolidation around lower levels.
🔻 Fundamentals: ICP offers perceptive technology with a strong developer team, led by an active CEO. The project has solid marketing efforts and growing partnerships, which can help drive adoption in the future.
🟢 Green zone = buying opportunities.
🔴 Red zone = selling or profit-taking zones. Watch for setups and price action in these key areas.
ICPUSDT LongICP strong buy signal, bullish setup is very strong, H4 candles confirmed they can make new higher high. Risk reward 1:2
ICPUSDT.1DAnalyzing the daily chart for ICP/USDT, I observe a clear downtrend established over the past several months. The current price is $8.867, with a slight decrease of 0.713% for today.
The Moving Average Convergence Divergence (MACD) reflects a marginal bearish momentum, as indicated by the MACD line sitting just below the signal line. This suggests that while there's a negative trend, it's not overwhelmingly strong, signaling possible near-term stability or minor fluctuations rather than sharp declines.
The Relative Strength Index (RSI) at 47.86 is near the neutral 50 mark, indicating that the asset is neither overbought nor oversold. This reinforces the possibility of continued consolidation or mild price movements without significant momentum.
On the chart, a descending trendline marks consecutive lower highs, defining the resistance levels. The current resistance (R1) is marked at $14.156, which is significantly higher than the current price, suggesting that any bullish reversal would require substantial buying pressure to break this downward trend. The immediate support (S1) lies at $4.681, which if breached, could indicate further downside potential.
In conclusion, the overall bearish trend for ICP paired with tepid bearish momentum and neutral RSI readings suggests that the price may continue to hover around current levels or decrease slightly, barring any significant market catalysts. Traders should watch the $4.681 support closely, as a break below this level could open the door for further declines, while a push towards $14.156 would be a critical level to test for any change in the bearish sentiment.
ICPUSDT Is in Uptred its right time to buyICPUSDT is in the Up trend now its right time to buy as its in the trending phase now.
ICP/USDT: POTENTIAL FALLING WEDGE PATTERN!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
ICP/USDT forms a falling wedge-like structure in the daily time frame. It breaks out from the wedge and is currently, going on for a retest. Accumulate it at the retest level.
Entry range:- $7.7-$8.1
Targets:- $10.6/$13.4/$16.8/$19.8
SL:- $6.26
What are your thoughts on ICP's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Icpusdt Trading opportunityThe ICPUSDT pair has shown promising signs of emerging from a possible downward trend, with the price encountering a substantial resistance zone around the $15.40 level.
A modest pullback is anticipated at this point, which is likely to precede a bullish momentum. We have identified the retracement target, which is where we aim to re-enter the market.
Additionally, we have accounted for a key support level near the $4.67 threshold. Our intermediate and ultimate price objectives have been outlined on the provided chart.
It is crucial to monitor the immediate resistance level closely; should it be breached, we recommend entering a position as the asset retraces to this level, which is expected to act as support, with our established targets in mind.
We welcome your thoughts and endorsements on this analysis.
Thank you for your engagement.
ICP Spot trade | 600%- 1000% potential in 2025 Bull marketICP is positioning itself for a significant rally with 600% to 1000% potential in the 2025 bull market. With the Internet Computer's unique capabilities and growing ecosystem, this could be a major winner. Keep an eye on key resistance levels as we move towards the next bullish cycle! 🚀 #ICP #Crypto #BullMarket
Buy the dip and hold.
Internet Computer (ICP): Weak Point / Possible Sharp MovementInternet computer coin looking pretty bearish after seeing multiple rejections from pushes that bulls were trying to pull off.
Now all those zigzag moves that those rejections formed gave us a good solid zone of liquidity (which is marked as a red triangle zone).
We are looking for this zone there to be broken, which would initiate a possible further downward movement so keep an eye on the current zone!
Swallow Team
ICP/USDT on the Edge: Bearish Momentum or Bullish Breakthrough?The ICP has been in a continuous downtrend from March 2024, as indicated by the declining trendline establishing the lower highs from April onwards. This trendline has proven to be a significant barrier, as the price has frequently failed to break above it. The current price is about $7.358, below significant resistance levels at $8.549 and near an important support zone (Pink) at $6.403 - $6.846. The extended downward trend indicates that the market is failing to gain positive momentum, as evidenced by lower highs and the failure to break the descending trendline.
Key resistance levels include resistance zone (Green) at $10.952 - $10.569 and $8.549, both of which have previously acted as significant rejection points. The price has struggled to rise above these levels, showing that the bears remain in charge. The resistance zone (Blue) at $15.148 - $16.265 is especially important since it represents a strong barrier that has constantly restricted upward momentum. This area might need strong buying strength to break out, making it a key level for any possible bullish shift.
On the downside, the support zone (Pink) at $6.403 - $6.846 is currently acting as an important zone. This level has recently protected the price from additional drops, making it an important line of defense for the bulls. However, if the price falls below this support, it may indicate further downside possibilities, with the next support levels being $5.813 and, further down, support zone (Yellow) at $4.658 - $4.499. These levels could serve as potential floors if the selling pressure continues, but a drop below these levels might indicate a longer-term negative trend.
The ICP price remains bearish, with the descending trendline continuing to restrict any significant price increases. The market is currently at an intersection with prices near critical support and resistance levels. Traders should keep a careful eye on these levels, as a break above the descending trendline might signal the start of a bullish reversal, while a break below the support zone (Green) could result in more losses. Overall condition is careful, with the bears keeping control unless there is a substantial shift in momentum.
ICP USDT 4H🔍 ICP/USDT Analysis: 4-Hour Timeframe 📉
The ICP/USDT chart on a 4-hour timeframe highlights significant upcoming times where price movements may present trading opportunities. It’s essential to analyze these signals in conjunction with higher timeframes for a comprehensive market view.
• BUY DATE - September 1, 2024, 9:00 AM - Green Line: This time indicates a potential local low, offering favorable conditions for accumulating ICP or entering long positions.
• SELL DATE - September 7, 2024, 1:00 PM - Red Line: This time marks a potential local peak, signaling a possible moment to reduce exposure or take profits.
• BUY DATE - September 14, 2024, 1:00 PM - Green Line: Another potential local low, suggesting an opportunity to accumulate more or enter new positions.
• SELL DATE - September 19, 2024, 1:00 PM - Red Line: Additional potential local peak, where reducing positions could be considered.
When working with this 4-hour timeframe, remember to evaluate these movements within the context of the broader market trend, considering higher timeframes for a more global perspective.
