Internet Computer (ICP)Comprehensive Analysis of ICP
Introduction
The Internet Computer Protocol (ICP) is one of the leading projects in the blockchain space, developed with the aim of creating a decentralized internet. This project enables decentralized applications (dApps) to run directly on the blockchain without relying on centralized infrastructure. Due to these features, ICP has captured the attention of developers and investors alike, showcasing significant growth potential in the future.
From a price perspective, ICP has experienced substantial volatility since its launch. It is currently trading within a medium-term ascending channel, which plays a critical role in determining its future price trend.
🔍 Current Status
At present, ICP has entered a correction phase after encountering a weekly resistance zone at $14.623 - $15.704. It is now approaching the lower boundary of its ascending channel and the key weekly support zone at $6.166 - $6.944, which are crucial for preventing further price decline.
Conversely, significant resistance levels at higher zones could limit the upward momentum of the price.
🚀 Key Levels Analysis
Support Levels:
Lower boundary of the ascending channel
Weekly support zone: $6.166 - $6.944
Resistance Levels:
Daily resistance zone: $11.089 - $11.767
Weekly resistance zone: $14.623 - $15.704
Breaking these resistance levels, accompanied by increased trading volume, could strengthen the bullish price movement.
📈 Entry Strategy and Stop Loss
First Entry Point:
When to Enter: If the price bounces off the lower boundary of the ascending channel and the gray support zone ($6.166 - $6.944), a gradual entry is recommended.
Stop Loss: Below the gray support zone at $6.
Second Entry Point:
When to Enter: If the daily resistance zone ($11.089 - $11.767) is broken, initiating a second entry is advisable.
Stop Loss: Below the gray support zone at $6.
Complementary Entry:
A breakout of the 50-level on RSI can serve as an additional confirmation signal for entry.
🎯 Price Targets
Target 1: $21.158 - $23.555
Target 2: $36.722 - $40.641
Achieving these targets requires a confirmed breakout above the weekly resistance zone ($14.623 - $15.704).
⚠️ Key Considerations
Trading Volume: Resistance breakouts must be confirmed by a significant increase in trading volume.
Risk Management: Gradual entry strategies and defined stop losses are essential for minimizing risk.
Ascending Channel: As long as the price remains above the lower boundary of the ascending channel, the medium-term uptrend remains intact.
Alternative Scenario
If the weekly support zone ($6.166 - $6.944) is broken and a candle closes below it, the price could drop further toward $4.5. In this scenario, exiting long positions is recommended.
🔗 Conclusion
The analysis indicates that ICP holds considerable growth potential. However, maintaining proper risk management and closely monitoring key support and resistance zones is crucial. Entering at support zones with a stop loss below $6 and confirming resistance breakouts with high trading volume can be a solid strategy for investment.
ICPUSDT
TradeCityPro | ICPUSDT Early Entry Points👋 Welcome to TradeCityPro Channel!
Let’s update the analysis of ICPUSDT, one of my favorite altcoins. We'll review the new triggers for potential early entries together.
🌐 Overview Bitcoin
Before diving into the analysis, as always, let’s take a look at Bitcoin on the 1-hour timeframe. Bitcoin shows potential for upward movement, as recent candles have pushed its price higher. With increasing volume, it could even set a new ATH. A breakout above the 108454 trigger could present a risky long position with a wide stop-loss.
As Bitcoin’s dominance is rising, this indicates that bullish movements may first occur in Bitcoin. It’s better to focus on Bitcoin or coins with a strong performance relative to Bitcoin.
🕵️♂️ Previous Analysis
In our last analysis, the trigger for a long position was 12.476, but it was never activated. Instead, the price rejected from that level, breaking our lower timeframe trigger. Sellers took control, causing Fibonacci levels to be revisited and the price to move towards the 9.821 support.
📈 Daily Timeframe
Currently, after rejecting the 11.333 resistance, the price has entered a triangle pattern and is consolidating. A breakout from this triangle seems imminent.
When the price rejected from 11.333, we observed increased volume, which isn’t ideal for bullish momentum as it highlights the strength of sellers. However, the price is now sitting on a critical support level, which is also the 0.618 Fibonacci level and the top of the daily box, now acting as daily support.
The daily candle looks promising, sitting on a strong support level. You can consider buying based on this setup, but I prefer to wait for the continuation trendline to break or for the 11.333 trigger to be breached. The 11.333 level is especially significant after the recent rejection. If we see increased volume upon breaking it, I’ll enter a position myself.
For exiting this coin, as long as we remain above $7, I’ll continue holding unless negative news arises. Keep in mind that my entry point is 3.582, which I previously mentioned. Exiting below $7 would still be in profit for me. However, I recommend exiting at current levels if your entry was higher.
⏱ 4-Hour Timeframe
After rejecting the 12.476 level, the price dropped to 9.466, where it seems to have stabilized, and bearish momentum has subsided.
📉 Short Position Trigger
I’ll consider opening a short position if the 9.466 support is broken. Profits from this trade will be used to accumulate more ICP, effectively making my holdings cost-free.
📈 Long Position Trigger
For a risky long position, you can enter after the continuation trendline breaks. Personally, I prefer waiting for the price to reach 11.411 and break that level before entering a long position. This ensures that momentum has entered the coin, allowing me to trade with greater confidence and potentially set a tighter stop-loss.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
ICP/USDT Bull Flag Breakout is Loading....The chart highlights a classic Bull Flag pattern, which signifies a potential continuation of the upward trend. At present, the price is consolidating within the confines of the flag, indicating a phase of market indecision as it builds momentum for a breakout.
Key Observations
1. The Bull Flag structure remains well-defined, with the price oscillating inside a descending channel.
2. Support is evident along the lower boundary around the $11.5 mark, offering a logical entry point for buyers.
3. A decisive breakout above the upper boundary of the flag would confirm the bullish outlook and could trigger a strong upward surge.
4. The projected target for this move lies above $14, aligning with significant resistance levels observed previously.
Strategic Implications
Patience and vigilance are crucial. Focus on identifying a breakout above the upper boundary, ideally accompanied by increased trading volume to affirm the move. In the event of a retest near the $11-$11.5 support zone, it could provide a favorable opportunity for initiating long positions. Be mindful of potential false breakouts and use risk management strategies, such as setting appropriate stop-loss levels, to protect your capital.
TradeCityPro | ICPUSDT Missed the Market Move? Don’t FOMO👋 Welcome to TradeCityPro Channel!
Let’s analyze the market during a day when it has finally shown some movement, focusing on coins with clear triggers.
💥 Avoid FOMO
The reason we create daily content for this community is to emphasize the importance of analyzing the market daily and identifying triggers before taking trades. This prevents you from acting impulsively and becoming a profit target for others who entered earlier.
🌐 Overview Bitcoin
Before analyzing today’s altcoin, let’s quickly review Bitcoin on the 1-hour timeframe. As mentioned yesterday, Bitcoin’s movement was predicted. After breaking the 98606 trigger, a long position with a stop loss at 97343 was suggested, considering the potential for whale-driven moves at higher levels.
Additionally, if Bitcoin dominance broke the 57.08 resistance, opening positions on Bitcoin was the preferred approach. Otherwise, a switch to altcoins was recommended.
Here’s my position: R/R 3. The triggers I share are the same ones I use in my trades. Remember, not every day requires action!
If you missed the move, should you open a long position after breaking 102208? Not yet. While the current timeframe suggests caution due to overbought conditions, you can consider this on the 15-minute chart. My recommendation: focus on identifying altcoin triggers to stay ahead of the market.
📊 Weekly Timeframe
ICP has seen a significant move since its support at 2.868, rallying by around 400%. Recently, it has consolidated and established strong support at 6.603, which aligns with the 0.5 Fibonacci level and the 50% Dow Theory level, highlighting its importance.
If you entered at lower levels, consider taking out your initial investment or exiting below 6.603. If you bought after the 9.684 breakout, patience is key. Given the potential for an early breakout above 14.879, maintain a stop loss at 6.603.
For re-entry, a break above 9.684 signifies a lift-off from the midline of its horizontal range, suggesting a stronger likelihood of breaking 14.879. Increased volume confirmation post-breakout can validate a buying opportunity.
Let’s address the fake breakout at 14.879. Unlike the 2.868 level, which saw sustained price action and a move upwards post-daily box formation, the 14.879 breakout was merely a single candle spike followed by an immediate reversal.
📈 Daily Timeframe
ICP remains in its large range box, oscillating between 6.691 and 15.22. A sharp move is expected upon breaking either the upper or lower boundary of this range.
ICP has already begun moving after breaking its smaller box resistance at 9.834. It has retested this breakout, unlike some coins that re-enter their boxes, underscoring ICP's bullish momentum compared to peers.
Currently, ICP faces resistance at 12.409, which was previously ignored but has regained significance. Staying above 11.281 provides an opportunity for small preemptive buys, but the main trigger remains 15.22.
⏱ 4-Hour Timeframe
ICP’s chart looks promising, as it has broken out of its 4-hour box and is consolidating below the next resistance level, presenting a potential entry trigger.
Drawing Fibonacci levels from the start of the drop reveals reactions at all levels. Currently below 0.618, breaking this level could propel ICP to the 13.697 resistance. Remaining above 11.333 and the 0.382 Fibonacci level highlights the importance of the 12.476 resistance.
📈 Long Position Trigger
If you didn’t open a position at 11.333, it’s still fine. Momentum has entered this chart. After breaking 12.476, you can open a long position with a tighter stop. Ensure volume increases and RSI enters overbought territory to manage risk.
📉 Short Position Trigger
Currently, I’m not planning any short positions. If 12.476 faces a fake breakout and reverses, I’ll look for short setups in lower timeframes using a fake breakout strategy.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Public trade #4 - #ICP price analysis ( Internet Computer )It looks like CRYPTOCAP:ICP holders have to wait a little longer (of course, everything is in comparison) before the long-awaited growth begins!)
‼️ Buy zone for OKX:ICPUSDT - $8.20 - 10.50
Another downward correction wave is “asking for it” - if it is weak, then the price of #InternetComputer should not fall below $10.50, and if the alt market is sharply “merged”, then the pending buy order at $8.20 will be just right.
🙏 And then we just have to keep our fingers crossed that #ICP reaches the medium-term target of $40+, and if we're lucky, $50+
_____________________
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Internet Computer $ICPOverview:
FWB:ICP may be the best blockchain technology there is to date. We can thank (or hate) SBF for destroying this chart right out the gate, however the projects fundamentals, developments, and team have not stopped since day one. However, i do not think this bull cycle (unless extended) will be one where we see FWB:ICP 's value really shine. Not to say it wont 5-10X from where it currently is, but this is a 1-5 trillion dollar market cap project in the long term.
Price Action:
Realistically, I see FWB:ICP going as high as $80 in the mid term. We found a demand zone in the $3 area, and have now changed character. there are a few obsticales in the way of going past $80 this cycle including A bearish FVG, some major resisra some major restistance, and the supply zone at 80,.
Take Profit Structure:
Percentages represent growth of total initial investment at current price level.
TP1 - 15% - at $24.14
TP2 - 20% - at $35.39
TP3 - 25% - at $53.58
TP4 - 30% - at $71.79
Will let the last 10% ride.
ICP Growth Outlook: Key Levels You Need to Watch. 12/26/24The price of BINANCE:ICPUSDT ICP, after setting a new high, faced sharp sell-offs and entered a correction, during which it retested a mirror level. At the specified price level, buyers began to show activity, contributing to further price growth. I believe that positions can be confidently accumulated from the current levels up to $9.8.
Targets: $23 - $27.
DYOR.
ICPUSDT Analysis: Key Resistance and Potential DropThe red box marks the first serious resistance point for ICPUSDT. If the price fails to break above this level, it may fall towards the blue box . However, if the price breaks through with volume and retests this level, there’s minimal resistance ahead, and the price could rise significantly.
Key Points:
Red Box: This is the first major resistance. A failure to break it could lead to a drop towards the blue box.
Break and Retest: If the price breaks the red box with volume and retests, it may continue higher due to lack of resistance.
Confirmation Indicators: Validate entries with CDV, liquidity heatmaps, volume profiles, volume footprints , and upward market structure breaks in lower time frames.
Learn With Me: Want to learn how to use CDV, liquidity heatmaps, volume profiles, and volume footprints to identify key demand zones? DM me for details.
If this analysis helps you, please don’t forget to boost and comment. Your support motivates me to share more!
If you think this analysis helps you, please don't forget to boost and comment on this. These motivate me to share more insights with you!
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
My Previous Analysis
🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
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🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
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🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
ICP: Bullish Momentum Signals Potential BreakoutLet’s dive into an interesting setup on ICP/USDT that’s starting to show strong bullish signals across multiple indicators. This could be a great opportunity for those who are closely monitoring trendline breaks and momentum shifts.
Key Observations:
1️⃣ Trendline Break Imminent:
ICP is approaching a critical descending trendline. Historically, a breakout above such levels often leads to a strong upward momentum. The current price action suggests mounting bullish pressure, and a decisive close above the trendline would likely confirm the breakout.
2️⃣ Momentum Shift in PrimeMomentum:
On the daily timeframe, the momentum lines in the PrimeMomentum indicator are reversing upward. This is a strong signal that buyers are regaining control and momentum is shifting in favor of the bulls.
3️⃣ Bullish Divergence on WaveFlow:
The WaveFlow momentum clouds are showing a clear bullish divergence. This divergence often signals that the downtrend is weakening and a potential reversal is on the horizon.
4️⃣ Support from Higher Lows:
The price action has also formed higher lows, aligning with the momentum indicators and suggesting that buyers are stepping in at increasingly higher levels, strengthening the case for a bullish breakout.
What to Watch For:
Confirmation of Trendline Break: A daily close above the descending trendline would be the first confirmation of the breakout.
Momentum Continuation: Look for further upward movement in PrimeMomentum and sustained bullish signals in WaveFlow to validate the strength of this setup.
Potential Targets: If the breakout occurs, the next significant resistance levels could be around $12.50 and then $14.00, based on historical price action.
Risk Management:
As always, be cautious. If ICP fails to break the trendline and closes below the $10.50 support, the bullish setup could be invalidated. Setting stop-losses below this level would be prudent.
Conclusion:
This is a high-probability setup worth keeping on your watchlist. A breakout here, coupled with strong momentum signals, could lead to a significant rally in the coming days.
Let me know your thoughts in the comments, and feel free to share your targets for this potential move! 🚀
ICP Under $12: Positioning for a $50 Exit by May!Picked up some BINANCE:ICPUSDT under $12 and will continue adding between $10.5-$12. My target exit is closer to $50, so this is a position trade with a plan to offload everything by May.
I decided to jump in after the retest of the reclaim range low from early 2024, with strong confluence from the moving averages. Looking forward to seeing how this plays out!
ICP | Massive Upside PotentialWe have shared many analyzes here and achieved pinpoint success in most of them.
Have some trust in the brand, this is XU99.
I'm longing from bluebox.
There is a nice volume in ICP. Sounds like it gives a sweet buy on Sunday evening's pullback.
I don't overcomplicate things and add a ton of dirty crap to my charts, but you can check out the success of my analysis below.
I approach trading with confidence backed by experience and past success in identifying high-probability setups.
While I don’t claim to be the best, my track record speaks for itself, and I strive to let my analysis and results do the talking. Watch these levels closely—markets can confirm what charts already whisper. Let’s see how this plays out together.
My Previous Hits
🐶 DOGEUSDT.P | 4 Reward for 1 Risk (or more if you’re bold).
DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P | HTF Sniper Precision
RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P | Buyer Zone So Accurate You’ll Double Check
ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P | Buyer Zone Mastery (CZ vibes).
BNBUSDT.P: Potential Surge
📊 Bitcoin Dominance | Called it Like a Pro
BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P | The Blue Box: A Demand Zone with Potential
WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P | Long-Term Trade
UNIUSDT.P: Long-Term Trade
Now sit back, relax, and watch the market do its thing. Or don’t, FOMO is real. 😉
Will ICP reach $40?BINANCE:ICPUSDT was in a downtrend throughout the 2022-2023 period. However, with the start of 2024, the first bullish move pushed the price from $3 to $20.
The selling pressure in the $20-23 range was not surprising, and the resulting decline caused the price to drop by as much as 72%.
The second half of 2024 mostly consisted of consolidation. Following the election results in the United States, the price began trending upward again.
I believe the price will continue its upward movement from the last consolidation zone, first reaching $23 and then potentially moving towards $38.
The positive market sentiment and notable advancements in ICP's use cases will likely support the price.
ICP EOY targets and OctoberHello Tradingview community!
As always: If these patterns I'm showcasing doesn't work as predicted..
then please don't come crying to me (ty) -> NFA DYOR
The chart explains itself pretty much..
We got 2 scenarios for EOY:
Bull target: 15 - 17 dollars
Bear target: 5.5 - 4 dollars
and of course the October target: 9-10 dollars
I think BINANCE:ICPUSDT is a great project/coin overall
But it's simply not the strongest when it comes to price action
- I do believe in the project and i do own a small amount of it
All of this is just an idea that could very simply be WRONG.
NFA DYOR <<<<-----
#ICP/USDT / Ready to go up#ICP
The price is moving in a descending channel on the 12-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 6.90
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 9.00
First target 9.47
Second target 10.00
Third target 10.50
ICP - Most underrated CryptoICP has been lagging behind the rest of the crypto market recently. I sold some of my DOGE (I had accumulated while it was hated) and added to my ICP. ICP has the best tech, and it really has never had rally which most crypto often have. The RSI is so low and it could move anytime. This is my largest bag and I am patiently waiting. I do not know if we will make a new high but I believe we will get close.
Nothing here is investment advice so please do your research
Don't forget to please like and follow if you agree with the idea.
ICPUSD: Potential Long Bullish Target 200% and 350% GainsICPUSD was previously in an accumulation phase and has now successfully broken out, bouncing off the previous resistance level. This breakout presents a strong bullish opportunity with a potential 200% gain for the first target and an impressive 350% gain for the second target.
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research and consult a financial advisor before making any trading decisions.
ICP Holding $10.70 | Targeting $12.50📊 ICP's price is holding above the $10.70 support, which is a key level for maintaining a bullish outlook.
✅ If this level holds, the price could move upward toward the $12.50 target.
⚠️ However, if the price falls below $10.70, the bullish setup may be invalidated.
👉🏼 The current structure suggests potential for continuation toward $12.50 if support remains strong.
ICP at a Crossroads: Rally Ahead or Breakdown?Yello, Paradisers! Is #ICPUSDT on the verge of a major bullish continuation, or are we staring at the potential for a steep decline? Let’s examine the critical levels and what they mean for the market.
💎#ICPUSDT is at a critical juncture, and the market is keeping us on our toes. The price has been hovering near the support zone at $9.775, showing a strong probability of bullish continuation, but the story doesn’t end there.
💎Currently, the decreasing volume and RSI in overbought territory signal caution. These indicators suggest a potential pullback is likely. Our expectation? #InternetComputerProtocol is poised to retrace back to $9.775 soon. If this support holds, the chances of a bullish rally are high, making it an exciting opportunity for traders watching this zone closely.
💎However, if the price fails to maintain momentum at $9.775 and breaks below this level, the trend could shift bearish. The next key level to watch is the $8.666 support, which has proven to be reliable, respecting price action twice before. This support is critical to sustaining the broader bullish outlook.
💎But here's the risk: should the price drop below $8.666, the bullish scenario would be invalidated entirely, likely leading to a more significant downturn in ICP’s price.
As always, patience pays in trading. Don’t let FOMO guide your decisions wait for clear confirmations before taking action. Discipline and strategy are the keys to long-term success.
MyCryptoParadise
iFeel the success🌴
ICP long term 📌 analysis#crypto #dyor #nfa
LSE:ICP - macro 📌 analysis ⏰
👉 If month close above $8.4 ~ no new low 🔅
Until then it can go lower side lines 📍
SUPPORT :: $1.8-2.47 ( #BUY phase 2 )
:: $3.8-4.8 ( #BUY phase 1 )
Resistance 📌 $8-25-36-75-95-175 +++
I don't know where top 🔝 target going to end 📌 for next bull 🐂 based on bottom and recovery 🤠 we can confirm 😜
Be in group 👍 later I will update chart 📉
Manage ur risk and accumulate i recommend below 10% liquid 💰
My strong target is $25-35 📌
📌