🔍 Technical analysis: Ascending corner pattern - It is moving in a downward channel in the daily time frame. - It was mentioned in the analysis presented in the previous post, after the failure of the supply zone, it will have the ability to continue the trend until the next supply zone. But it faced selling pressure in the first supply area, which led to a...
ICP bottom structure and recovery from December 2022 and September 2023.
I think we are in the final phase of correction where Z formed into a triangle pattern.
Observing 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...
🔍 Technical analysis: Ascending corner pattern - In the daily time frame, in an ascending channel, according to the predicted path, it has grown up to 1.618 fibo of the previous wave, a range of 0.17. - In the last analysis presented in the 4H time frame in an ascending channel, after breaking the channel and exiting it and breaking the zone, it experienced a...
ICP strong buy signal, bullish setup is very strong, H4 candles confirmed they can make new higher high. Risk reward 1:2
🔍 Technical analysis: Forming a triangle corner pattern - According to the analysis presented in the previous post, in the 1D time frame, after reaching the supply range, it has faced selling pressure. - As can be seen, after reaching the range of the green box, it has had a positive reaction several times and has faced demand. - Currently, a triangle...
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...
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...
ICP bottom structure and recovery from December 2022 and September 2023.
🔍 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...
#ICP The price is moving in a descending channel on the 1-hour frame and we are about to break it We have a bounce from a major support area in green at 6.75 We have an uptrend RSI that has been broken upwards which supports the upside We have a trend to stabilize above the 100 moving average which supports the upside Entry price 7.00 First target 7.41 Second...
Now coming to the lower timeframe: The price is rising on a bullish trendline and it is expected to rise to $8, considering the support of $6.9.
On the daily chart, ICP broke above the bearish trend line and now sitting at the support zone. The price has been making lower highs and it will be considered bullish once it tops the previous high of $12.4. For now, the support zone $6.6-$5.88 is critical to hold the price up.
🔍 ICP/USDT Analysis: Key Dates for Strategic Moves 📉 The ICP/USDT chart highlights important upcoming dates where price movements may present trading opportunities: August 30, 2024, October 17, 2024, December 17, 2024 - Red Lines: These dates mark potential local peaks. Traders should consider these as moments to take profits or reduce exposure, as the price...
The ICP's price is within the $6.88 to $7.03 range. This range is considered a balance zone where the price may experience fluctuations. A closer examination of this area can reveal the strength or weakness of buyers and sellers. Key Levels: $6.88 to $7.03 Range: This range acts as a critical area for observing price reactions. Maintaining this level could...
BINANCE:ICPUSDT Possible Targets and explanation idea ➡️On weekly timeframe in accumulation zone -0.27 level ➡️Based on market mood indicator (white zone the best time for accumulation)we are now in yellow zone. When we will see red zone - out ➡️Probably we will going to close all weekly gaps in this range! ➡️Based on Take profit indicator on weekly we...
BINANCE:ICPUSDT (1W CHART) Technical Analysis Update ICP is currently trading at $79 and price has made significant retrace and currently it is around the support zone. We are expecting this support zone to hold price to bounce back from this support zone. We can enter a long term trade here and do DCA if the price falls down If the weekly candle closes below...