ICP - is going to breakout this resistance 😲🚀On the ICP chart, we see a trend line that is now acting as resistance. The price will go up if it breaks this resistance.
The best scenario would be if the price goes back down to $39.5 and then breaks the trend line. In that case, there will be a good entry point after the breakout.
There is also a good buying opportunity if the price squeezes near the trend line and breaks through it.
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P.S. I personally will open entry if the price will show it according to my strategy.
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ICPUSD
ICP/USD - Another rally in the making? $100 possible! 🚀ICP seems to be in the early stages for a nice pump that can double its price.
As you can see on the chart we completed a second double bottom and if history is of any indication, we should soon expect a pump.
We have a first resistance at $55, but I don't think that can hold the price from exploring higher levels. The better target is around $100 or the 23% Fib level.
Therefore, good to consider a position before the rally starts and be patient. Support has so far held well.
What do you think about this coin? It corrected over 90% after launch when ICP was over $400. Seems we could get a nice bounce towards $100, at least. The indicators are also primed, including on the BTC pair.
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ICP - is going to breakout this trendline 😲🚀ICP - preparing to break the local trend line.
Good buying opportunity after breaking or retesting the trend line as support.
But there are a lot of traps in the market right now, so be prepared for a false breakout.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
$ICP Potential Double BottomICPUSDT has formed a double bottom pattern, which could indicate a continued uptrend. In the past, this pattern has played out well for this coin and I think the chances of it working again are solid. If we bounce here, on the larger picture, it would mean a higher low and potentially a new emerging uptrend for $ICP. Good Luck!
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ICPUSDT - Long or Short? some thing we need to notice!BYBIT:ICPUSDT
1H trend chart
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Long
Price has stopped falling since hit high on 10/6 and keep consolidating now.
We can expect it is going to break out the long-term downtrend line.
If this downtrend line is taken out, there is a timing for entry.
But I suggest to long after confirming the price stands firm at $45.48(blue horizontal ray)
Short
A potential Head and Shoulders pattern is forming...
Therefore, should be very careful if the lower uptrend line is broken out.
I prefer to long it, so if it does as we presume above, trading strategy as below.
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Profit Targets:
a) 47.48----Fib(1)
b) 49.51~50.34----Fib(1.272~1.382)
c) 54.96----Fib(2)
Stop losses:
I will provide it depend on the timing I open position.
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ICP - can be easy 15%YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
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ICP - PUMP! TP1 63$The uptrend line has been retested 3 times.
Especially in this 3rd time, the price continuously followed the uptrend line, showing indecision.
According to the time frame price runs, today or tomorrow the price will have a drastic change.
It can be an increase or it can be a decrease.
Waiting for the day candle to end everything will be clearer.
However, watch the candles retreat. Along with Current Trend BTC up -> Big Cap increases.
Therefore, I choose the option to increase, which means that the price will PUMP strongly.
TP1: 63$
TP2: 69$
TP3: 77$
Icp Chart Analysis #iCP USDT 1D Chart SIGNAL by CryptolernersBD
Here I Have 2 Types Of Entry System. You Czn Wait For Day Candle Closing Above $44.4 Or You Can Take Entry, In 4H Chart If Price Breakout Trend Line Resistance & If Successfully Close Above $44.4. So It's Upto You. Icp Creating Double Bottom Chart Pattern Above Previous Demand Zone & Trend Line.
Stop-Loss ❌ If Day Candle Close Below $37.50
ICP LONG Make 17% ProfitBINANCE:ICPUSDT bounced back up from a monthly support level. Bullish hidden divergence on RSI 1h chart. We're heading towards the nearest POC zone and 0.618 fiboancci. Long order placed.
Good luck,
Your Ganbu
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ICP Overview1- Determine support and resistance lines + Fibo (Ret-Ext) + Time cycles (W)
2-Bollinger + Stoch
3-Harmonic pattern + RSI + MA 100 & 200
If ICP maintains support line of 40 $, we can expect the following targets:
1-50
2-59
3-88
4-150
Always make your analysis before a trade
It is not offer to trade.
Good luck