ICP to finally test down trend?Is the bottom in at 20? Should know it a few days, if not sooner. The 20 support is close to meshing w the down trend, which should show us if a nice break out is coming, or the dump continues…
Do feel the need to say, all my posts tend to be long or positive. This isn’t because I ignore the negative, it’s bc I only trade on spot, never use margin, and don’t short (nothing wrong w it, just doesn’t work for my situation). When I have an idea for a trade they are always long, so I wanted to be clear in that regard.
Thanks. Good luck traders
ICP
ICPUSDT - Broadening Wedge PatternICPUSDT (4h Chart) Technical analysis
ICPUSDT (4h Chart) Currently trading at $20.75
Buy level: Above $20.8
Stop loss: Below $19
TP1: $22
TP2: $23.4
TP3: $24.6
TP4 : $26.5
Max Leverage 3x
Always keep Stop loss
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Show the price of ONTUSD with the market cap of ICPUSDShow the price of ONTUSD with the market cap of ICPUSD
ONTUSD | Wyckoff Accumulation Price Pattern...? 1280 DAYS ...?
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ICP/USDTOn a daily timeframe, ICP is trading near the major support of $38 - $40 and has already tested it. You can open the position near the support area. The local resistance is $44 area, and the major resistance is $48.5 - $50 area. ICPUSDT is suitable for the mid-term. The next support after $38 is the $34.
ICP falling wedge1W/1D Charts
ICP forming a falling wedge with contracting price action and higher volume coming in at the low.
Bullish divergence on the MADC daily and current weekly candle is engulfing.
This ones been falling since inception so would want to see a clear reversal before buying into it.
Ive bought a small amount at $20 to continue to DCA into my position
Internet Computer (ICP) 's 5 tasks on the 4h chartICP's 5 tasks on the 4h chart
1. break the EMA125
2. break the RSI resistance
3. break the OBV resistance
4. break the volume resistance $25.20
5. confirm breakouts and have fun
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
ICP forecast and possible price movements variantsTheoretically, the price of ICPUSDT is trying to find the bottom and round up.
Increased trading volumes signal that a struggle between buyers and sellers begins near important levels.
The history of ICPUSD is not very long and there has not been a clear historical minimum yet, we can only guess about "the bottom of the price of ICP" and forecast several variants of the price movement in the future.
This is what we will do:
1. Yesterday when the BTCUSDT price went down, the ICPUSDT price was holding quite well and pushing up - this is a good signal that there are still buyers, who are interested in ICP.
2. If the enthusiasm of buyers for ICP will not fade in the coming days, then from above we can meet the zone of $28-31, where sellers can aggressively activate.
If the buyers win the area of $28-31 and fix the price of ICPUSD above it, it will mean that the buyers are very strong, and they managed to break the falling trend. In this case, the target for growth is up to $56-57.
4. Smooth movement to the right with a gradual and not sharp rise in price will round up and reverse the trend, but before mid-spring you should not expect a more or less decent price to sell your ICP.
5. The price drop below $19 will mean that buyers have given up, and without a buyback, ICPUSDT price can continue to go down, up to $11 in the most negative scenario.
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Internet Computer Bottom Pattern, vs Tether (222%+)I like this pair, ICPUSDT, and today we find a break above EMA10 after the formation of a bottom pattern.
We have a volume breakout yesterday and nothing more.
We have this few signals but, additional bullish action is needed before we can confirm a price jump.
The early signals are in though, ICPUSDT trying to change course.
Namaste.
ICP - Internet Computer Protocol - HoldThis is an interesting one to watch, just going off TA this is a buy I don't even have to view the project (hold)
CRYPTOCAP:ICP
COINBASE:ICPUSD
BINANCE:ICPUSD
BITFINEX:ICPUSD
BINANCE:ICPBTC
BITSTAMP:BTCUSD
COINBASE:BTCUSD
BYBIT:BTCUSD
BITFINEX:BTCUSD
BINANCE:BTCUSD
BINANCE:BTCUSD
INDEX:BTCUSD
BINANCEUS:BTCUSD
PHEMEX:BTCUSD
FTX:BTCUSD
GEMINI:BTCUSD
BITBAY:BTCUSD
OANDA:BTCUSD
BITTREX:BTCUSD
CURRENCYCOM:BTCUSD
CAPITALCOM:BTCUSD
FX:BTCUSD
ICP Short Term Structure is bearishI have posted before about a scenario where we could see ICP hit $10 or less. That was used using a linear chart. But what if we plot it into a log chart.
As you can see, the short term chart is showing a clear descending triangle pattern. This is bearish. The measured breakdown would place ICP in high $15's which is confluent with the bottom of the descending channel it seems to be forming.
In my opinion the probability that we test the bottom of the channel is much higher than a bullish breakout but this is crypto and sometime the most obvious direction is simply a trap.
🔥 ICP Bullish 6-Month Wedge Bounce Into Break Out?ICP has arguably been one of the biggest losers of the past few months. Since it's inception on Binance, this token has practically only been trading down.
However, there might be some kind of relief rally coming to us in the near future. With BTC appearing slightly bullish and Stocks rebounding strongly, ICP might see more bullish price action coming to it.
Furthermore, ICP has been forming a 6-month bullish wedge, which classically signal a bullish break out.
Targets placed at recent tops.
Happy trading!
ICP/USD (REQUESTED CHART 5)! BULLISH!ICP looks good here. Currently, hovering near the lower trendline of the big falling wedge.
It is trading inside a falling wedge like structure. Also, a bullish divergence occur in 2D time frame. So it is worth buying here and SL will be if any 2D candle closes below $18.5
If you are holding this then hold it with the given SL.
If you want to buy then buy now and hold it with given SL.
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Thank You!