Bearish Scenario For ICPWe should always consider the two scenario, Bullish and Bearish, for the market. I already shared my Bullish idea about ICP with the double buttom formation. Now, let's consider the bad scenario. ICP looks like copying the same pattern which it did on May-June 2022. If the price goes down from 4$ we could expect huge dump on the price until 1.40-1.50$. Unforutenately it still could not break the ressistance trend line so we should be carefull on this coin.
Icpusdtanalysis
#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.
ICP bullish scenarioThis is my view on ICP from technical perspective :
The correction from 31 th July - now is not as deep as correction on btc
Still higher low from 18th June low
The 31th July high could be an impulse wave (volume confirmed)
Any further correction below $5.2 would be a good opportunity to have spot position
Invalidation at below $4.6
(not financial advice)
ICPUSDT 1500 % gains - huge bullish diverencesThere are huge regular bullish divergences on weekly timeframe .
Bottom may be already in or it´s very close.
Huge potential long term: 1500 % gain
DCA every 25 % drop if the price breaks below the last low.
Solid project with a big team.
Web3 projects may perform very well in the next bull market.
DAY 13: #ICPUSDT (#LONG)More trading signals and their results, in my channel, link in the description
DAY 13: #ICPUSDT (#LONG)
1% of the deposit
Margin: CROSS
⚖️Leverage: x10-20
🗝Entry point: 5.250-5.300
🎯target 1 - 5.505
🎯target 2 - 5.731
🎯target 3 - 5.986
🎯target 4 - 6.287
🎯target 5 - 6.823
❌stoploss: 5.094
(PENDING ORDERS - 5.160 2%)
Internet Computer (ICP) formed bullish BAT for upto 50.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Internet Computer ( ICP ) with US Dollar pair.
Previously we had a nice trade of ICP:
Now on a daily time frame chart, ICP has formed a bullish BAT pattern. There is also a hidden bullish divergence as priceline is forming a higher low but RSI is setting a lower low.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ICP- Time to riseSince the beginning of May, ICP has started to form a cup and handle pattern with the handle made in the last days which is about to be broken.
A break above short-term resistance followed by a break above 10 figure could lead to further gains to the important 15-16 zone resistance.
I'm bullish as long as the recent low is intact
ICP at lower price#ICP/USDT
$ICP broke down from lower line of long term falling wedge pattern.
🐮 holding the parallel trend line of lower line as support can increase price to lower line of wedge again, and break out this descending resistance will increase price toward resistance zone between $15 and $17.5.
break out from resistance of $23 can pump price to moon.
🐻 rejection from lower line of wedge and break down current descending support will drop price to lower supports around $3 and lower.
ICPUSDTMid Term ICP way either long or short there is simple trade set up.
If we break below the triangle with pullback and confirmation we will open short to the green levels mentioned.
Or if we break above the triangle and pullback with confirmation we will open a buy long for the brown levels mentioned.
Good luck.
ICP investments zones for 2023-2024BINANCE:ICPUSDT
I think around June/July 2022 we possible to see the bottom on ICP around 9-5$ this range price
Usually coins which is have a great investors and big fonds on the launch they will come back after a year or 500 days to pump and manipulate price this coin again.
In almost total disbelief zones if Bitcoin drop to 30 or 25 We can see $ICP around 6-5 dollars.
Targets is 50% fib 100% fib and 1.618 level by FIB so its around 5000% gains.
Just for long term.
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ICP middle term trade. 150% pumpBINANCE:ICPUSDT
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Thank you.
Possible Targets
➡️On D timeframe we can after or before 4 May (FRS meeting) drop to -0.27 level by FIB
➡️Targets to open LONG - 12.85 / 11.39 / 9.54
➡️ Usually when we trade in -0.27 zone on Daily fib its a good trade for LONG. Take profit 0.38 and 0.5 lvl by FIB
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Disclaimer: Please be aware of the risks involved in trading. This video was made for educational purposes only not for financial Investment Purposes.
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