ICP bottoming pattern?Any sort of short term bullish breakout went out the window once we broke the $40 floor a few weeks ago. At this point I don't believe ICP has it in it to break into some higher figures without spending sometime consolidating in this $20-$40 range we've found ourselves in.
With that though in mind and short of any hyper bullish catalyst I could see longer term bottoming pattern play out. Something like the chart shows. A potential inverse head and shoulders break out of this macro falling wedge.
If this is the case then we could see ourselves playing in this $20-$40 zone for a few months before we see much higher price action. Perhaps towards the Spring of 2022 we could see a real breakout followed by a sustained uptrend into a market cycle top.
ICP
ICP/USDT -94% down since Binance listing so Entry Time..?#ICP/USDT Request Chart:-
$ICP currently trading at $25
And Most important things is it’s almost -94% down since listing on Binance.
That time traded price was ~370
So now too much down but not mean its buy time accounting to Dump too much.
As per chart Now Good buying zone with Targets and Stop loss.
Accumulation zone = $22-$25
Targets:- $42/$75/$128 / Bonus
First need to break $42 resistance level for Upside Targets.
Stop Loss:- if any Daily candle close below $20 thats mean Exit time.
Internet Computer FractalICP is one of the biggest players for the Web 3.0 and could be the game changer. Its chart looks very similar to BANDUSD from sept 2019 and is showing the same pattern. According to the fractal projection, if it overlaps, ICP should reach $100k next year.
This is not a financial advice. Always Do Your Own Research.
Thanks for watching
ICPUSDT Bullish RiseICPUSDT bullish rise confirmed based on Previous resistence and breaking out of current downtrend.
Expect major resistence zone in a couple of weeks with a few pullbacks along the way. Pay particular attention to the resistence zone around 0.5fib line. Expet a consolidation and either rise or fall to an ATL.
If so, great potentional for Bears.
Crypto ICPUSDT (Sunshine After The Rain? )Crypto ICPUSDT (27 Dec 2021)
ICP in the slide (BIG slide) since beginning and we are seeing some rebound for the past few day.
It is facing its first hurdle near 28.65, and it may pass thru with one bullish push.
If it happens, I expect ICP may revisit to $38~$40 region.
Let's see.
DYODD, all the best and read the disclaimer too.
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ICP, I think big guys have started accumulate positions 🚀🚀ICP as well as the entire cryptocurrency market has corrected very strongly. But if there are trading strategies for bitcoin, for altcoins it is very difficult to develop any strategy because of lack of statistics. That's why we recommend to buy only in capitulation periods and hold as mid-term positions. And most importantly, do not buy with more than 20-30% of your capital.
From the technical analysis it is worth mentioning that the price is in a local range, and most likely big players started to accumulate their positions. This is also indicated by the large volume at the very bottom. Now it is important that the price would consolidate above the control point. That will be a good signal for growth continuation. But it doesn't mean that the price can't go even lower. The big players can gather some liquidity once again below the consolidation zone and then go up. If you look from the global side, a breakdown of the trend line could mean a market reversal.
Important: This is not a buy advice!
Sometimes we share signals, if you want to receive them, we advise you to subscribe to our trading view and other platforms, all links below, in the comments leave your questions and the name of the coin you want us to analyze. 💚
🆓Internet Computer (ICP) Dec-25 #ICP $ICP
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📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 24$ zone
🔴Buy : 24
🔴Sell : 32 - 40 - 48
📈BLUE PLAN
♻️Condition : If 1-Day closes BELOW 24$ zone
🔵Sell : 24
🔵Buy : 20 - 18
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈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
AVAX/ICP Migration Trade*LONG TERM MOMENTUM SHIFT SETUP*
AVAX has been one of the best performers in the top 100 for the past few weeks. Due to the Avalanche Rush liquidity migration event on September 21st, I expect this to continue for some time.
ICP/USDT has been badly bruised after suffering a -90% correction and being one of the worst performers within the top 100 the past few weeks. However, it has very strong fundamentals and shares similarities to Avalanche in terms of consensus protocol implementation, subnetting capability and in value proposition. Avalanche suffered a long period of underperformance after the minting bug occurred in early February 2021, but proved to be an amazing entry at the tail end of the summer 2021 correction due to it's underlying fundamentals and release of many key updates, applications and incentive programs. Assuming the crypto market as a whole holds up for a few months, at some point AVAX will become fully priced or overpriced. It's growth will slow dramatically or outright collapse, or somewhere in between. ICP will have it's day in the sun perhaps as a sort of carry-over trade - once the liquidity incentives on Avalanche network become diluted vs the amount of liquidity competing for them, it will be exceedingly easy for ICP to initiate their own liquidity incentive program and rapidly begin deploying well-tested apps. ICP DeFi is in the works and yet to be deployed.
The trade is essentially to migrate from AVAX to ICP when technical structure on the AVAXUSDT/ICPUSDT chart shows a trend breakdown along with a fundamentally understated value differential. Long-long term, I expect both to do quite well.
✅ICP - Pump as prediction💥BYBIT:ICPUSDT
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Insane rocket as our analysis today.
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Next, you can move your SL upper, and hold the rest until TP3.
SL could be 24.77 or 25.57. Just take it anytime you satisfy.
Have a good day!.
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or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
ICP - Buy it with these TP/SL BYBIT:ICPUSDT
1H trend chart
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ICP has done the inverse HS pattern on 1H.
Currently it's going to retest Fib 1 after hitting Fib 1.272
If price can get support around Fib1, trading strategy as below.
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Profit Targets:
a) 25.99----Fib(1.5)
b) 26.4----Fib(1.618)
c) 27.75----Fib(2)
Stop losses:
a) 22.95-----Red horizontal ray
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
ICPUSDT Dip, Dec 7The price is at the bottom of the channel, it can be the dip
You can consider this level as a good opportunity to buy
The first target will be the red trend line, after breakout there will be higher targets
Consider Bitcoin / Total Market Cap situation before or during your investments.
Any support level can be broken