ICP to $9?A lot of alt coin charts are looking the same. Bearish price structure with indicators flashing bearish signals.
The daily RSI recent broke down out of a line of support it established back in December and it looks like we just had a bearish retest.
All of this combined with current market sentiment is telling me that there could be real capitulation before we break higher.
In my opinion we could head down to the falling wedge line of support before we break higher. Right now that support is at around $9.
ICP
#btcstarburst To Early To Call The Bounce?So on the 15th on March we were in the exact same spot… The market has definitely made a move. Going back to see dramatic movement on days in multiples of 5 we definitely could see a major shift here… Could this be an opportunity for a long, hmmmm… DCA safely ( there are many patterns setting up for opportunities that are great projects like Chainlink, Polkadot, Eth, ADA and possibly ICP not sure about this one but this actually could play out to be successful for many people). Since Bitcoin pulls the market…. This is a GANN study The map of resistance and support has been playing out pretty significantly.
ICP/USDT 700% Potential After Breakout ( Request Chart )Request Chart :-
#ICP/USDT TA Update:-
$ICP currently trading at $17 level.
I am buying here some $ICP for mid term.
My entry always in Spot. ( When I use HTF Chart)
- Double Bottom in 2D Chart.
- Small Bullish Engulfing.
Breakout Point:- $20
Support:- $15
Entry:- There are Two entries:-
1st for Risk Traders :- $15-$17
2nd ( After Breakout) :- $21
2nd Entry only when Breakout and Candle Close above $21
And You can also take entry At retest Level after breakout.
Retest level Could be after breakout = $17-$19
Targets:- $23.32/$38/$55/$77/$126
*** $ICP is 700% Potential after Breakout.
Stop Loss:- $14.50
ICP needs to range sideways to gain buyer confidenceICP has been one of the worst performing assets in the market. However, it has very strong fundamentals with a ecosystem that is growing at breakneck speeds.
With all of the mistrust surrounding ICP in the markets, I think ICP in the short term is likely to visit ~$22, but NEEDS to range sideways for a considerable time gain buyer confidence again and make serious moves to the upside. The seller momentum is likely to be be high still and any gains seen may be quickly erased.
So if ICP ranges sideways for a month or two it is likely to attract more buyers to and gain real momentum in the upside again. Bulls need to defend the $15-17 support range.
Long for ICP after a long compressionSince the initial public launch, This coin has gone through severe compression. As you can see in the chart, the Price action had shaped a wedge from Jan 22 till March 22. Moreover, the price area of 14.5$ _ 15.5$ has proved to be an unfailing and trustworthy foundation.
Plus if you consider the price chart with RSI simultaneously in Daily timeframe, you'll see a perfect Divergence. What made me more excited about this setup was another divergence of Price and RSI in WEEKLY timeframe.
Although There are no certainty in financial markets analysis, which by the way this one is no exception, I find this coin and this setup highly rewardable and although I have defined the 14.5$ as the bottom line and SL price, but I would recommend to those who are tolerant and also thrilled with experiencing real risks (who will see tremendous Profits in their lives) to stick to their position and Add to it on 11$ and 6 $ and wait for it to get to 52$ and 70$.
🆓Internet Computer (ICP) Apr-12 #ICP $ICP
ICP is retesting the bottom of 16$ and is a good opportunity for us to buy ICP. In the near future, ICP may increase strongly to the $24 zone or even stronger. However, if it loses this $16 zone, we need to be careful because it can fall very strongly to the $14 or $12 zone.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 16$ zone
🔴Buy : 16
🔴Sell : 18 - 21 - 24
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 16$ zone
🔵Sell : 16
🔵Buy : 14 - 12
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
ICP/EUR Long price and correction predictionHi there!
Posting my idea about ICP/EUR long time correction and price prediction. Please be aware, I'm not financial advisor, please do your own research! I'm posting these ideas for everybody to see and comment and, let me know your thoughts or predictions.
In my opinion, ICP has a chance to get bullish again.
TP 1 60-80 EUR
TP 2 95-115 EUR
TP 3 130-170 EUR
SL if breaks under 13 EUR
P.S. I'm new to posting ideas and this is my first one, thanks for your understanding.
P.S. Full disclosure, I own a notable investment of ICP coins and stake it it NNS dApp for 8 years time, I also own a bunch of coins to trade
<ICP> support and resistance zone. 20$, 40$, 60$,100$I present the idea of who trades the ICP instrument, the levels are for informational purposes, the price can be at any point, everything is at your own peril and risk. At this moment, we have a seller who sold hard and aggressively in the zones of 100, 60, 40 and 20 dollars, the last sale in the region of $ 20 was broken, a buyer appeared, let's see what distance he can withstand, it all depends on the zones of the seller, and they strong, be very careful in these areas. My target and scenario is a five-wave buying structure to the $100 zone, but things can be different and you should be ready for it. All profit.