Icpusdtanalysis
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 $ICP around 6-5 dollars.
Targets is 50% fib 100% fib and 1.618 level by FIB so its around 5000% gains.
Just for long term.
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ICP middle term trade. 150% pumpBINANCE:ICPUSDT
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Possible Targets
➡️On D timeframe we can after or before 4 May (FRS meeting) drop to -0.27 level by FIB
➡️Targets to open LONG - 12.85 / 11.39 / 9.54
➡️ Usually when we trade in -0.27 zone on Daily fib its a good trade for LONG. Take profit 0.38 and 0.5 lvl by FIB
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Disclaimer: Please be aware of the risks involved in trading. This video was made for educational purposes only not for financial Investment Purposes.
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<ICP> support and resistance zone. 20$, 40$, 60$,100$I present the idea of who trades the ICP instrument, the levels are for informational purposes, the price can be at any point, everything is at your own peril and risk. At this moment, we have a seller who sold hard and aggressively in the zones of 100, 60, 40 and 20 dollars, the last sale in the region of $ 20 was broken, a buyer appeared, let's see what distance he can withstand, it all depends on the zones of the seller, and they strong, be very careful in these areas. My target and scenario is a five-wave buying structure to the $100 zone, but things can be different and you should be ready for it. All profit.
ICP LONG SETUPMarket just finished 1-5 Elliot wave bearish and broke the trendline, we are forecasting to see pump to the 50% zone, because market formed an institutional candle zone while going down. Also we should see a bounce down at 50-61.8% fib zone of the fifth wave and bounce back up after retracement forming an ABC correction.
Entry: 22.21 (after a retrace because market already formed an institutional candle)
Invalidation: 17.96 (below recent HL)
Target: 47.29 (50% fib zone and an institutional candle zone)