ICPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. We have the R1 line which the price broke and it gave us good profits. There are two scenarios for the price: 1) it will go up and break the R2 resistance and go all the way up to around $48. 2) it will be rejected from the R2 line and will fall back to the S1 line.
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
ICPUSDT
Of all the crapcoins, this one is worth keeping an eye onInternet Computer Protocol is a blockchain that works with existing internet infrastructure; in a way that existing internet companies can make up their own coins. It's also a Proof of Stake so no mining. It may be the answer to ETH.
Notice increasing volume and price...
Update For ICP/USDT Analysis 📈📉📈📉 As you can see on the weekly and Daily timeframe for the pair of ICP and usdt , It has grown well in recent weeks and has been able to grow by more than 30%. And as you can see, the logarithmic diagram gives a slightly different view with the linear one, and in the linear diagrams, it has been able to break the downward trend line (white) in the daily time frame and become a dynamic support.
But in the logarithmic chart we see another downtrend that is now a resistance and if it can break it again I expect more growth.
And as always guys , keep it in mind , all the market follows BTC movment and react it .
❌resistance zone: $42-45, $70-75
♻️support zone: $22-24
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tips:
💥(Note that most of my analysis on the weekly timeframe basis is more for long-term investment rather than short-term trading.)
🔰(Anyway, I highly recommend novice investors and traders to consider risk management and buying in a few steps) .
✳️(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
🙏with Best Regards
ICP setting up nicely on the daily chartSimple analysis on ICP pair based off previous ATH, using trend lines and resistance.
Possible strategy for entry and exit points shown below:
Entry - 31.59
SL - 27.80
TP1 - 34.03
TP2 - 38.02
TP3 - 50.98
TP4 - 57.24
Personally I will be taking profits along the way, but holding it until the end. Good luck!
ICP/USDT offers a great opportunityHey there.
Since Bollinger bands has expanded and ICP/USDT is currently testing strong resistance zone, 100-day and 200-day moving averages at the same time, there could be a great opportunity if these are broken. If so, after successful retest, next target could be $70-90.
What do you think? let's discuss about this potential opportunity in comments.
Cheers.
ICPUSDT Analysis (+70% potential from here in short term)Hello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
Entry: market and lower
TP: 30 - 34 - 38
after first target reached move ur stop to breakeven
Stop: under 20 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward 1 to 6
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
ICPUSD ACCUMULATION COMING TO AN ENDThis is an update to a chart a posted awhile ago noting the buying range for a good price during accumulation. I believe the accumulation phase is coming to an end. I was criticized heavily when I posted the last chart due to ICP's perceived performance since listing (which was the day before the May drop LOL). However ICP entered an accumulation phase which looks very similar to a standard wyckoff accumulation pattern. Anyways, I believe the uptrend has begun. I have noted the resistance and support zones on the chart which will touched while ICP consolidates for the next push. As long as BTC behaves itself, I would say things are looking pretty good. Thanks again everyone!
ICP - broke out long downwards trendlineNext resistance is around 40$, let's see how it turns out.
Internet Computer has great upwards potential, it is in long accumulation, just to reach previous ATH it will gain over 700% from current price!
Looks like EOS in last bull market. Huge hype --> dump --> long accumulation --> moon.
Check my previous analysis for more project details:
Wyckoff Accumulation SchematicWhat Happens After Wyckoff Accumulation?
Once the Wyckoff accumulation is over, the price will move sharply higher as demand will exceed support. Buyers will experience an impulsive bullish pressure in which most money is generated from a buying position.
In the accumulation schematic, the trading range represents the space between the SC low and the AR high. While secondary test usually happens when the market drops near the selling climax region to retest and confirm if the intense selling pressure is prolonged or ended.
Generally, during the accumulation phase, the price remains sidelined for range-bound trading after a strong downtrend. Larger players build positions and eliminate retail traders from the market by creating hopes of a further drop in the price. Once smaller fishes are confident about the price drop, bigger players aim to move higher after filling their positions.
According to Wyckoff, there are six stages in the accumulation phase. These stages include:
● PS — Preliminary Support: The preliminary support appears after a long bearish trend. Traders may experience a high volume and spread widening. It is the first indication that the selling pressure will end, and buyers may control the price.
● SC — Selling Climax: In the second step, the price begins to sell off, violating PS. This is a panic selling phase. After a while, the price may reverse after exhaustion, when the spread might extend to an extreme level. In the end, the price may close far from the low with a long-wicked candle.
● AR — The Automatic Rally: This part can be disastrous for sellers. After the violent selling pressure of the SC, the price reverses and recovers all the movement shown toward the sellers’ direction. This phase indicates that short sellers are covering their positions. The high of this movement determines the high of the range, which is a significant barrier for most buyers.
● ST — The Secondary Test: After the AR, the price will go lower again but controlled. In this movement, sellers’ volumes should be higher, and there may be multiple secondaries in the price.
● ST — The Spring: In this phase, the price will perform a hard test of recent lows that will mislead traders. After watching the spring, average traders will consider the market trend bearish and start selling trades. However, the price should show a swing failure pattern and move up after a shakeout. This phase is prevalent with altcoins that have bottomed out for a considerable time.
● AS — Accumulation Schematic: The last stage of the accumulation cycle. The price should break out from the range with an impulsive bullish pressure and confirm the upcoming bullish trend.