ICPUSDT
Is ICP Ready to Skyrocket or continue bearish? Find Out Now!Yello, Paradisers! Is #ICP about to make a huge move? Read on to find out if this is a breakout or a fake-out!
💎#ICPUSDT has broken out of the descending resistance with a strong green candle, suggesting a potential bullish momentum. However, the price is currently facing rejection at a key resistance area. The Fibonacci retracement level indicates a high probability that the price will retest the demand zone at $8.55 before attempting another breakout to hit our target area.
💎If ICP manages to break out directly without retesting the demand zone first, there's a high probability that the price will continue its upward movement. This could signal a trend reversal back to a bullish momentum, likely reaching our target strong resistance area.
💎On the downside, if ICP fails to bounce when retesting the demand area, the price might head towards the Bullish Order Block (OB) area. If the price hits this zone, we can expect a significant rebound back to an upward trajectory.
💎However, if ICP fails to sustain above the OB area at $7.05 and breaks down below it, this would invalidate the bullish scenario and signal a bearish trend. In this case, there's a high probability that the price will continue downward and dip further.
Trade smart, Paradisers, and stay disciplined.
MyCryptoParadise
iFeel the success🌴
Internet Computer ICP price shows signs of lifeAgainst the backdrop of today's software failures of millions of users around the world, it will be symbolic to consider a coin - #InternetComputer
In the previous idea, 7 months ago, there was a recommendation:
“place a pending buy order for CRYPTOCAP:ICP around $6 and wait”
The minimum was $5.80
Basically, nothing has changed globally on the OKX:ICPUSDT chart - a long consolidation, heavy protracted growth, and then the same correction.
The chart shows a 3D time frame. Therefore, this idea is probably more for those who have been holding #ICP for a long time, rather than a recommendation to buy it in an investment portfolio.
Keeping the #ICPUSD price above $7.50-8 is a long situation.
And then, if we are lucky, the price of #ICPUSDC will rise to $40 by the end of the year
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Internet Computer | ICP The price of ICP is $ 6.6 today with a 24hour trading volume of 122 million dollars, this represents a 17% price increase since last week and a 31% price increase since last month
The Internet Computer blockchain incorporates a radical rethink of blockchain design, powered by innovations in cryptography. It provides the first “World Computer” blockchain that can be used to build almost any Web 2.0 online system or service, and web3 services, including web3 social media services, without any need for centralized traditional IT such as cloud computing services. It also enables smart contracts it hosts to directly create transactions on other blockchains, which in turn enables the full end-to-end decentralization of online services and web3
The project was founded in October 2016 by Dominic Willams and has raised a total of $121 million from investors such as Adreessen Horowitz, Polychain Capital, Multicoin Capital...
now lets talk about the chart, as you can see ICP try to break the downtrend (red lines) , the price turned up on April 27 and started a strong recovery. bulls won point of control and candles are above Ema 50 . the RSI has jumped into positive territory as well. bulls also try to hit 6.9 first then 7.5$
Shitcoin Summer is HereIt's hot outside right now. Real hot. Clocks in at 120 where I live. But I'm cool as a cucumber right now because I know my Christmas is gonna be a good one. Why? My shitcoins are about to move. Check out my chart of eight of my favorite $hitcoins - they've all retested bottom and the bottom rejected them all. So - whether you love em or hate 'em, back up we go. That's how it works. Don't fight it, you'll lose. Just buy someone else's bags for cheap now before this rocket blasts off.
ICP/USDT Trading ScenarioAmid the negative news about Bitcoin, the price of ICP significantly declined, falling from a local high of $20.937 to $5.837, a drop of over 71%. The asset's price chart has fallen below the 0.75 Fibonacci level, which is often interpreted as a favorable buying zone.
From the perspective of volume profile, the area of interest for market participants is significantly higher, in the range of $13.041.
Currently, there is a positive reaction from buyers at the $5.837 mark, as evidenced by the formation of a daily pin bar. This signal could indicate a potential trend reversal and the beginning of an upward movement, as a pin bar typically signifies a change in market sentiment.
Key support levelThe support level at $7.6 acts as a strong support zone. If the price can maintain this level, a new upward movement is likely to begin.
The price reaction to this support level is crucial. If we see signs of this support holding, the likelihood of an upward move increases.
If the support holds, we expect the price to first reach the level of $10 and then $12.
Risk and Trade Management: If the support at $7.6 is lost, attention should be given to the next support levels.
ICPUSDT Elliott Waves Analysis (Investment idea)Hello friends.
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Everything on the chart. (update)
Everything according plan, we're in global buy zone.
Buy zone: 8.5 - 6.5
Targets: 25 - 50 - 90
Cancellation of setup - consolidation under ~3.5
RR: 1 to ~22
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
DYOR!
ICP/USDT June-2024While Bitcoin is experiencing a choppy price range and altcoins face significant pressure, Internet Computer (ICP) is demonstrating resilience, holding its value steadily. Despite the turbulent market conditions, ICP's long-term chart pattern remains promising. I've identified two key levels for buying and accumulating ICP in spot trading, positioning for a potential rally in the future.
If you've been following my past analyses, you'll know that my strategies are mid-term, often requiring weeks or months to achieve their price targets. The objective is to maintain patience and stay calm amidst macroeconomic stress, aiming for substantial profits through well-timed trades.
Patience and Timing: Each chart is designed with a mid-term perspective. This approach requires patience, as market movements can take time to reach their targets.
I've pinpointed two strategic levels to buy and accumulate ICP. These levels are critical for maximizing potential gains during the next rally.
It's crucial to manage your funds wisely. If the market loses the main support area, be prepared to exit your positions. However, stay alert for potential shakeouts—temporary drops that regain support—providing opportunities to re-enter the market.
Remember, the strategy for taking profit isn't about hitting an exact number. Instead, we focus on areas of possible resistance. As we approach these areas, we move our stop-loss orders higher, allowing us to follow the price action toward higher targets. This method helps secure profits as the rally progresses.
Always have a plan for both entry and exit points. By adhering to these strategies, we aim to optimize our trading outcomes and secure massive profits.
Successful trading involves understanding the rules and executing them with discipline. Stay focused, manage your risks, and be ready to capitalize on market opportunities.
Happy trading!
#ICP/USDT#ICP
The price is moving within a bearish channel on a 4-hour frame and is strongly committed to it.
We have a support area at 11.80 and we bounced from it at the lower border of the channel
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise
Entry price is 12.00
First target 12.62
The second goal is 13.00
Third goal 13.54
Consolidation Above $12 with Potential to Reach $14In the four-hour timeframe, ICP is currently consolidating above the support level of $12. Given the ongoing upward trend, it is expected that the price will reach the resistance level of $14. If the current support is breached, the next support level indicated on the chart will act as a potential correction point.
ICP- Good buying opportunityAs you know from my previous 3-4 posts on BINANCE:ICPUSDT , I am very bullish on this project and expected the price to reach $20.
Indeed, this has happened, followed by a strong 50% correction after reaching my target.
Now, the price is trading at $12 and is near a strong support level, both technically and psychologically, around $10.
In my opinion, these prices offer a good buying opportunity and in the event of a reversal and a retest of the $20 zone, a 100% gain could be achieved.
ICP: pollback📊Analysis by AhmadArz:
🔍Entry: 12.619
🛑Stop Loss: 12.363
🎯Take Profit: 13 - 13.438 - 13.853 - 14.581 - 16
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ICP - Broke The Trendline Hi, this is my new update for ICP. After 51 days we finally broke this beautiful trendline and today we are testing it to see if it was a fakeout or 100% breakout.
We have big resistances around 15.00-15.80$ and at the same time we have also 50&100 SMA (green and blue line). Right now we have broken the trendline on both the chart and RSI. We are also testing the support level 12.30-12.50$ as long as we hold this support level I expect we are going to break the resistance 15-15.80$ in the next run.
- My main target for the next couple of months is around 37-40$.
- In the short-term (next couple of weeks) I expect we are going to test the resistance 20-23$.
As long as the support level 10.50-11.70$ holds everything is fine, but if break it down then things will get ugly.
ICP Long Swing SetupThe chart suggests a bullish outlook based on the volume and price action. The significant volume spikes during rallies indicate strong buying interest.
The current low volume during the pullback phase supports the possibility of accumulation.
If the price breaks above the recent highs with increasing volume, it could signal the continuation of the uptrend.
ICP ANALYSIS🚀#ICP Analysis : What Next ??💲💲
✅As we can see that there was a formation of Descending Triangle Pattern in #ICP and given a breakout. A perfect retesting would indicate a bullish move 📈
🔰Current Price: $12.895
🎯 Target Price: $19.768
⚡️What to do ?
👀Keep an eye on #ICP price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
#ICP #Cryptocurrency #TechnicalAnalysis #DYOR
ICP: down-trend📊Analysis by AhmadArz:
🔍Entry:12.245
🛑Stop Loss: 12.524
🎯Take Profit: 12.019 - 11.827 - 11.596 - 11.433
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
ICP Pomp to 44 % ?We have been supported by an upward trendline for a considerable period. However, for the past few days, we have been trading below a downward trendline, and the consolidation is intensifying. Both bullish and bearish scenarios are worth considering.
In a bullish scenario, we could anticipate a breakout above 13.97 with the specified targets in mind. Conversely, if the price breaks down below the 11.93 zone, we could accompany the downtrend until the 8.99 target.
Which direction are you anticipating?
#ICP/USDT#ICP
The price is moving in a bearish channel pattern on the 4-hour frame and sticking to it well
The price rebounded well from the lower border of the channel at the green support level of 11.50
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 12.60
The first goal is 13.50
Second goal 15.18
Third goal 16.40
ICP / ICPUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)