Get started

ICPUSDT

#ICPUSDT Bullish breakout rade setup: Bullish breakout from Falling Wedge pattern, which can be a reversal pattern (bullish) once price breaks out. Price could rally to $7-8 resistance area. (set a price alert). Patterns: Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Most traders should wait for a completed pattern with a breakout and then place a BUY order. Trend: Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). OBV (On Balance Volume): is flat, indicating that volume on Up days is equal to volume on Down days. Hence, demand from buyers and supply from sellers are in equilibrium Support and Resistance: Nearest Support Zone is $5. The nearest Resistance Zone is $8, then $10.
by Cryptbergofficial
1
ICP/USDT Local trendLocal trend (part of the secondary), clamping in the lower part of the channel (which was formed after the huge descending wedge broke down under the market dump). Logarithm graph. Timeframe 1 day. Coin in coinmarket : Internet Computer ICP Line chart. Main trend This is a wedge that was broken down after +40% growth and an unsuccessful retest (rationality under the market movements). ICP/USD Main trend.Falling wedge This is how the main trend looks now after the market dump. Pay attention to which zone the price is now. Line chart. 3 days timeframe
by SpartaBTC
21
Possible trend reversal Looks like ICP has found it's floor price around 4.59 Have a nice double bottom, which usually indicates selling pressure exhaustion. Running out of room and expecting a nice move soon. As always the safest entry would be a retest of a breakout. NFA and DYOR 🌞 They should come out with BTC integration testnet late November, which could be huge. That means they will tokenize an on-chain Dapps which allows users to send/receive BTC without bridging. I would consider this as a midterm hold. Happy trading
Long
by decentFerret27197
2
ICP/USDT READY FOR A 50% MOVE TO THE UPSIDE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this ICP/USDT trade setup. ICP looks bullish here. Breaks out from the falling wedge-like structure in the daily time frame, expecting a good 40-50% rally from here. Buy some here and add more in the dip. Entry range:- $5.2-$5.5 Target1:- $5.9 Target2:- $6.6 Target3:- $7.2 Target4:- $8.1 SL:- $4.9 You can use low leverage here (2x-4x) according to your risk appetite. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
5
ICP is touching the bottom of the wedge againICP is forming a somewhat WEAK BULLISH pattern. It is at the bottom of the wedge again + doing a mini double bounce -- > both of these are bullish signs . But it's not enough to confirm a long term bullish trend. If the coin does rise in price, the first level of resistance is the ORANGE line, where upon passing this, it has a high chance of going up. Rejection: The first proper and very strong resistance zone for it to get rejected at is exactly where both the FIB 2.618 and top of descending wedge meet. that would be around the $8.6 mark. I doubt it will get there, and just be rejected $7.69 --> fib level. Even if it breaks that, there is no guarantee of it going up because it's still lacking the volume. My estimate is that it will get rejected at this spot and come down again ... if it even goes up to begin with.
by BARSTrading
ICPUSDT /1D Currently, the price is fluctuating between 5.60 and 6. The first support limits are $5/$5.50. Most likely, the price in these ranges will be associated with a positive reaction. If it is accompanied by a lot of selling pressure, further correction may be made. To enter, we must wait for the confirmation of the candlestick in these ranges. 💹 The important resistance range of 6.20 for a positive price trend should be above the stabilization range so that the next resistance range has a positive movement. It is important to maintain the range of 4.64 what do you think about it? 🙂
Short
by mehrnaziji
Falling wedgeThe falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. In general, a falling wedge pattern is considered to be a reversal pattern, although there are examples when it facilitates a continuation of the same trend. I very often see how at the end of a pattern the smart money takes advantage of the liquidity and that's why I think it's possible to see $5 or $4.50 for ICP as there we need to have an order because the price will very quickly go down there and come back quickly
ILong
by Crypt0_Ninja
ICPUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for ICPUSDT As we analyzed on September 7, we predicted a falling trend to happen and after a little rise here, you can observe the fall took place to lower amounts. So we have R2 and R1 as the resistance areas that both express the unsuccessful attempts of the price to rise. And S1 is our support line that contains the support of the price at some points. Thus, we have the price fluctuating below R1 and we expect a decline to happen toward S1 and then by having some confirmation candles in order to rise, we surely predict a rise toward R1 and even higher. Note that R1 is considered a good point for saving profits. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals