Icpusdtanalysis
ICP going for it's targets?Hi guys Mr.Karimi here with the ICP chart today. As you can simply see ICP has multiple Targets that I have gained using the Pivot Points Indicator that normally gives perfect targets in my experience. It has formed a consolidation area inside a box and it managed to breakout of the top of the box pullback to the fresh Support level and aim for higher targets but unfortunately BTC didn't let this happen. so I'm still bullish on this one as long as a it hold this box and this level.
What's your idea about ICP?
ICPUSD possible next movement First of all Thank you to those who followed me and I reached a milestone of 50 followers ,it is just a starting of a new journey
hi, as you all know about ICPUSD from where it started and where it is Right know its been a long journey for icpusd
As you can see my previous analysis on ICPUSDT we were long till 80 and then we long it again from 78-79 to 85
Here my next ICPUSDTANALYSIS it is very very very risky trade manage your risk small positions only.. and put stop loss around 50
I marked entry points and targets to achieve. These are my targets exit wherever you are comfortable with the profits.
Like and comment what you think
If you are new to my profile check my previous analysis if you like that then follow me for future updates
ICP/USDT (Bullish Daily Breakout?)💎Technical Analysis Summary💎
ICP/USDT
-Internet Computer has finally broken the daily resistance area
-This is a good sign after 30 days consolidation above 54 dollars
-If the bulls can turn the old resistance to new support
-Then expect a further upside move up to $100 or higher
-By looking at the structure above, the potential strong resistance is at $120-$137
-That would be a perfect sell area for swing traders who entered before the breakout
-Our current trade on this coin is already in profit and we got the sweet spot
-I'll be moving my stop-loss at BE to protect my capital
-Good luck everyone and make sure to book some profit along the way
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ICP Accumulation ScenarioBINANCE:ICPUSDT
Hello Traders
It's still early to confirm, but i believe ICP is accumulating for a breakout and a new swing which haven't yet happened, Once grow above the box we will see further upward movements.
Be aware that Without a reliable close above the box the scenario is totally useless.
Whatever it looks, first do research and have an exit plan.
$ICP analysisICP breaks the $59 resistance area and turned A major support Around 55$
we see multiple rejections from these levels.
The MA200 is acting as a support and we also have a local support area for ICP around $53.
You can add some ICP at $53-$55.
Buy more ICP if it comes near the $53 level.
The next major resistance is $77 area.
ICP - 12h. Growth prospect to $100The last weeks of trading on the cryptocurrency market give us all intrigue and uncertainty. The price of bitcoin stopped at the critical range of $48,000-50,000 and market participants calmed down. Over the past 4 weeks of trading, volumes have steadily decreased weekly from $38 billion per day to $27 billion.
The fall in daily trading volumes of bitcoin has reduced its impact on other cryptocurrencies and made it possible for new and easy crypto projects to "shoot". Therefore, while the bitcoin market is now drifting at low volumes within the limits of consolidation, we will talk about the ICP cryptocurrency.
Weekly, we analyze the TOP-10 cryptocurrencie s by daily trading volumes and record a video forecast for the week. Unfortunately, ICP did not make it into this TOP, but it got as close as possible to it.
With a trading volume of $1.36 billion per day, ICP ranks 12th and is as close as possible to the notorious DOGE ($1.6 billion). However, if you compare the local trend of these two coins, you can see that the ICP market is building a trending movement up and is ready to continue to grow.
On the chart, we can see that the consolidation in the ICP market lasts longe r than in the DOGE market. Considering that bitcoin allows alcoins to independently move their prices, the main question for an investor is which cryptocurrencies will start growing first?
It is known that there are not enough new volumes on the market for all cryptocurrencies to start growing at the same time. Therefore, first of all, you should choose those coins that have already proven their strength both in trading volumes and in activity. On the chart, we see that the ICP price did not allow updating the local lows on August 18 and 27. At the same time, DOGE is successfully updating the lows and its buyers are not yet showing any desire to actively buy.
In this example, we have shown two types of altcoin s that are currently available. The first type, such as SOL, SAND , ICP, are ready for new peaks, while others - DOGE, DOT, BNB and others - strive to continue consolidation.
Some specifics on the ICP market
The main achievement of buyers in the recent period in the ICP market is taking control of the range of $53-56:
The chart clearly shows how important this range is for market participants. Buyers have broken through this range at high volumes and now the process of consolidation is underway to continue the growth to $100. Depending on how strong the turbulence in the cryptocurrency market will be, the ICP price can start growing from either $64 or $57.
For long-term investors, this range is good for buying. In this case, the risk per position will be approximately 10-13% . This cryptocurrency is in our long-term portfolio and in the portfolios of our long-term partners, whose deposits we manage.
In case of an error, the ICP price on large volumes should first break through the $53-56 range and subsequently fix below it on a large timeframe (start consolidating). In this case, the fall in the price of Internet Computer will continue to the range of $40-45. This is another liquid zone where we will gladly buy this cryptocurrency if there is such a chance.
P.S. For the most conservative investors, you should control the ICPBTC chart and enter only after retesting the liquid range 0.0015-0.0016
It is at the moment of price fixation above this range that the security level of entering a position will be maximal.
ICPUSDT POSSIBLE TARGETSIcpusdt continues to follow the huge price prediction since last month when we saw an uptrend reversal on bitcoin. As regards the price prediction on icp, it's very likely it plays out once it breaks above the first resistance level. Ultimately, chart has shown the possible price targets to take profits.
Your likes and opinions would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates.
💡Don't miss the great buy opportunity in ICPUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (64.39).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ICPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 61.
Take Profits:
TP1= @ 68.67
TP2= @ 71.38
TP3= @ 76.56
TP4= @ 83.03
TP5= @ 91.83
SL= Break below S2
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💡Don't miss the great buy opportunity in ICPUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (64.39).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ICPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 61.
Take Profits:
TP1= @ 68.67
TP2= @ 71.38
TP3= @ 76.56
TP4= @ 83.03
TP5= @ 91.83
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ICPUSDT Falling Wedge Breakout Retest Pending 38% Move ExpectedICPUSDT Falling Wedge Breakout | Retest Pending | 38% Move Expected
After a huge pump started from 40.00, the bull rally stopped after touching the price 77.00 and started a long correction phase creating a falling pattern.
Now we can falling wedge bullish breakout. We will enter after completing the retest or at least come back to our buying zone.
NOTE: Enter into this trade IF and ONLY IF the setup is validated.
If everything went well then our:
Buying Zones: 63.18 - 67.69
TP1: 69.14
TP2: 72.30
TP3: 77.09
TP4: 91.13
SL: 57.75
Trade Risk: 11.90%
Net ROI: 38.92%
Exchange: Binance
Uso only 10% risk of your account. Do not over trade.
NOTE: Do proper risk and money management. Do your own analysis. Spot Trading only. I will be not be responsible for any of your loss.
ICPUSDT Flag Pattern!ICPUSDT (4H CHART) Technical Analysis Update
Flag Pattern
ICP/USDT currently trading at $62.71
Buy-level: Above $64.00
Stop loss: Below $55.00
Target 1: $69.00
Target 2: $77.00
Target 3: $85.00
target 4: $100.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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ICP CRITICAL ZONE - $59 OR $89Icp has been following a rising channel trajectory since it broke out from the descending channel at $37. The current position of icp is a critical one, a breakdown will validate $59 while a breakout from the dynamic resistance will validate an uptrend to $89. Wait for confirmaion of the possible scenarios before taking position. If btc breaks down from the ascending triangle then icp will fall to the specified zone.
Your likes and opinions would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates.