ICPUSDT Elliott Waves Analysis (Local Setup)Hello friends.
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Everything on the chart.
Entry: market and lower
Targets: 4.6 - 5 - 5.5
after first target reached move ur stop to breakeven
Stop: under 3.6 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
Icpusdtlong
$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!
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
#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.
Project With An Actual UseInternet Computer (ICP) is a decentralized blockchain network that was officially launched in May 2021 by the DFINITY Foundation with a global goal to push the boundaries of Internet functionality and support smart contract development at a larger scale.
With Internet Computer, absolutely anyone can create software and run it on the Internet; any user can get acquainted with blockchain technology, any developer can create a DeFi application.
All work processes take place in a decentralized network on special equipment, whereas many other blockchains run on the cloud.
Internet Computer is primarily about speed: the ICP cryptocurrency works at web speed.
ICP is backed by the crypto industry, with respected investors including Andreessen Horowitz, Aspect Ventures, Electric Capital, CoinFund, Fenbushi Capital, LedgerPrime, Multicoin Capital, SNZ, Scalar Capital, ZeroEx, Intl., a16z Crypto, and Polychain Capital.
ICP losing values since day1.
Right now we are in a strong downtrend in the weekly chart and there is no sign for bullish movement.
But for the next cycle this could be a pretty good buy since it has a lot of instutional investors and actual usage to improve blockchain technology.
Always invest in tech. I do believe in the next cycle this project can reach its ATH areas.
Thanks.
Follow for more charts and ideas.
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)
ICP BREAKOUT READY TP PUMP 500%!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
#ICP/USDT TRADE SETUP
ENTRY:- $18.55 to $22.43
TARGETS:-
$36
$54
$79
$87
$95
$112
$123
DYOR before taking this trade.
Stop Loss:- TBA, as per market conditions.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
ICP/USDT 400% + Potential Trade Setup.Welcome to this Trade Setup on ICP.
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Let's get to the chart
ICP broke out the 277 days long consolidation under this triangle.
Bullish DIvergence played out.
Our Initial Entry as posted in my last update was around $17.
It's already 30% up since then.
Consider adding this to your spot portfolio after doing your own research.
It's likely that to run for a massive rally.
ENTRY:- $18.55 to $22.43
TARGETS:-
$36
$54
$79
$87
$95
$112
$123
DYOR before taking this trade.
Stop Loss:- TBA, as per market conditions.
Do hit the like button if you want me to post more of these setups and share your views/charts in the comment section.
Thank you
#PEACE
ICP close to bottom.. I think it could be a perfect entry! ReadRisky Trade on ICP as its near the lowest price area, I think its a good opportunity for bulls to take the price up!
STOPLOSS: 1 Day Close below 14$.
Targets are mentioned in the chart but I think that it could go higher than that to 87$ and maybe more.
This is not financial Advice, DYOR.
Tell me what do you think in the comment, and share your Ideas too.
Share the love, smash the button if you like.
ICPUSDT Analysis (LOCAL VISION)Hello 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
Target: 22 - 24 - 27
after first target reached move ur stop to breakeven
Stop: im w/o stop (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
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.
ICP/USDT DAILY TF UPDATE
Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
Welcome to this ICP/USDT TRADE setup. ICP looks great here.
Breaking out from the falling wedge in the daily time frame. It also breaks 21ma.
Also, making a big bullish divergence in the daily time frame. Buy some now and add more in dips.
Entry range:- $16.4-$17.4
Target1:- $20.2
Target2:- $23.6
Target3:- $27.4
Target4:- $30.2
SL:- $15
Use low leverage (2x-4x)
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
#ICPUSDT Breaking out, Worth a shot?Welcome to this quick trade setup.
ICP broke out of the orange falling wedge channel inside the larger channel.
If we zoom out you can see a bounce on the support trendline VOLUME IS LOOKING GOOD too.
Many indicators point towards reversal signs.
The strategy is to accumulate at lower levels by buying at every dip.
ENTRY: $15.47 to $17.54
Targets:-
$21.88
$29.83
$34.52
$40.12
$55.32
$81.33
$121.30
Stop Loss:- $14.77
Do your own research before investing, I am not a financial advisor.
Keep in mind this is a long-term
view and it can change as per market conditions.
If you want me to post more trade setups, do hit the like button and share your views in the comments section.
Thank you
#PEACE
ICPUSDT Analysis (Perspective a couple of months)Hello friends.
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Everything on the chart.(update)
Entry: market and lower
Target: 27 - 37 - 47
Stop: ~13.5 (depending of ur risk). ALWAYS follow ur RM .
after first target reached move ur stop to breakeven
Risk/Reward: 1 to 5.5
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.
ICPUSDT - Broadening Wedge PatternICPUSDT (4h Chart) Technical analysis
ICPUSDT (4h Chart) Currently trading at $20.75
Buy level: Above $20.8
Stop loss: Below $19
TP1: $22
TP2: $23.4
TP3: $24.6
TP4 : $26.5
Max Leverage 3x
Always keep Stop loss
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