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Icpusdtanalysis

ICP inverted head and shoulders patternICP looks mega bullish. Recently we posted trading idea where we explained that ICP has been in the range since summer 2022: In this publication we would like to present another reason why ICP is bullish. What we can see on the chart is a potential inverted head and shoulders pattern which is mega bullish. The right shoulder is in a development phase . Once it's done, and we get a breakout we should see a masive move. Technical target from this pattern would be around 12,70$. You can also take profit at 9,78$ which is the top of the range and final target from our previous idea. Overall ICP looks bullish and it should rise in the next days and weeks. We are buying ICP. What about you? kind regards
Long
by vf_investment
6
ICP what is next?ICP broke the support that I implemented on my previous analysis due to the FUD about Banks and stuff, so it went down to the stronger minor support (4.40-4.60$). The direction of the market is still uncertain. Therefore, I would like to show two possible scenario in here. First, ICP can bounce back from this minor support. If it does, I strongly beleive that it will go up to 9-9.80$. If the support doesn't hold, then our strong support is at 3.50$. This is not a financial advice. It is just for fun.
Long
by Dantefe
$ICP 🐻'sh Continuation On the 1Hr TF i've identified a bearish continuation pattern that $ICP has formed beautifully. It has already flown to the 50% mark and pulled back. Though I want to see more bullish engulfing patterns as PA leaves the demand zone and heads for supply. In all, expecting PA to head towards the $5.89 mark to then continue the trend and trade below $5.21. You can trade either direction, but since you know where it's going.. you can play offense and setup a short at the above level mentioned, just make sure you SL is tight & GL!
Short
by Nick.TkgProfits
ICP: Pullback in UptrendThe Internet Computer (ICP) technical analysis: Trade setup : Following a bullish breakout from Sideways Channel ($3.50-$5.00), indicating bullish trend reversal, price also broke above $6 resistance with big volume, resuming Uptrend and reached our target of $7.50 where it was met by profit taking selling from traders. Pullback near $5 support could be an attractive swing entry in Uptrend. Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistanc e: Nearest Support Zone is $6.00, which it broke, then $5.00 and $3.50. The nearest Resistance Zone is $7.50, then $10.00.
Long
by altFINS
ICPUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Targets: 7.5 - 9.5 - (~11.5) after first target reached move ur stop to breakeven Stop: under 3.5(depending of ur risk). ALWAYS follow ur RM . RR: 1 to 6 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. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
10
ICP/USD 12H Targets — January 8th, 2023Looking at the 12-hour chart of Internet Computer, this is an extension of my previous chart as there has been no volatility during the holidays and the markets haven’t really moved. We can see ICP is still in its manipulation zone and gearing to breakout to $4.60 and beyond. This move will play out to TP1, TP2 & TP3 marked: 🎯 $4.60 🎯 $4.99 🎯 $5.59 Internet Computer trade is invalidated with a candle close below $3.95 as we would look to reposition this play. As always please do your own research, I am not a financial advisor.
Long
by kyer
1
ICP Unchained?Bearish Idea ICP looks like copying the same price action as before it did in the box labeled 1. I believe it will rise to Retest the area around 4.5-4.6. If the price got rejected from that area than we could expect more fall till to 3.5-2-1.5. Bullish Idea FTX was one of the main reason why ICP fell so much but beacuse of the late events, maybe it could be a chance ICP to get rid of it's chains. In that case, if it can break the upper trendline(the black one), then we could expect more rise up to 9.80. For the both case, I think we should wait for the comformation. Not a financial advice. I am just correcting my previous graphs.
by Dantefe
2