ICPPERP trade ideas
MY NOT SO MINIMALIST ANALYSIS FOR INTERNET COMPUTER COIN$ICP
11.04.21
1852H +8 SINGAPORE
ALERT: ENTRIES, PARTIAL EXITS, EXITS, and MAXIMIZED AREAS OF VALUE
The market is contracting Midway of the RSI and nowhere to go down but UP!
I think it will make a significant DIP to ts LOWEST PRICE, attracting more BUYERS for a PARABOLIC to HAPPEN!
Just Keep watch of Volume and Price action Happening during a COIL.
READ INSTRUCTIONS BELOW to maximize your trades! Happy Hunting!
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
TARGET ZONES IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS
and if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE -CONSERVATIVE (If price action conditions are right.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market.
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS (ABC), Price Action, FIB LEVELS, Market Dynamics, and especially trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors!
Note:
Master your Trading Discipline
, Trader's Psychology and Institutional Trading Psychology
MY MINIMALIST ANALYSIS FOR INTERNET COMPUTER$ICP
RE-ADJUSTED CHART
11.05.21
2225H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT:
AN AREA OF OPPORTUNITY FOR AN ENTRY! ENTRY AT ORANGE PRICE PRICE MARK INDICATOR (RUST.)
Watch Volume Indicator and Price action at PRICE MARK.
Beyond parabolic price can double maximized target area of value.
INDICATED ARE ENTRIES, PARTIAL EXITS, EXITS, and MAXIMIZED AREAS OF VALUE
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
TARGET ZONES IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS
and if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE -CONSERVATIVE (If price action conditions are right.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market.
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS (ABC), Price Action, FIB LEVELS, Market Dynamics, and especially trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors!
Note:
Master your Trading Discipline
, Trader's Psychology and Institutional Trading Psychology
ICP - the ugliest selloff in crypto history is now a good buyIt came out of nowhere. Internet Computer or ICP.
57 billion market cap, which is equal to the market cap of Ripple current #7.
The ugliest selloff, not a single investor/speculator made the big money with longing ICP.
I understand the mistrust of this coin, the anger, the pain it caused with its brutal downfall.
But now the last cycle of the bull run, the alt season got started by Shiba Inu.
And same as in 2017 there won't be losers, there will be starters and laggers.
The chart looks like Bitcoin Cash 2017, a selloff with a subsequent surge of 1000%
I have no specific time prediction when, but ICP will make buyers in the 50$ area very happy until the market crumbles in a spectacular fashion.
Will it hit a new ATH? Likely, but me for my part gonna sell with solid 500-600% gains.
Make your own opinion, no financial advice.
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered.
Bulls buy when prices are low.
Bears will short when prices are high.
Pigs buy when prices are high.
ICP BullishIf someone were to ask if I thought ICP would break out or break down....
Momentum on Cipher B says we're flying out of this triangle.
I don't have much confluence because the Coin base chart doesn't have a long history on ICP.
But this looks juicy.
It's nice too because I can put up a tight Stoploss on this one in case I am wrong =)
stacking ICPsThe ICP has been ranging for quiet few days now while most of the alts have been making new highs, If we look at daily chart we are clearing seeing a declining wedge which is about to end soon.
Its time to start stacking buys for ICP on every dip you get. The first scale out zone will be $88.
$ICP at $50 = Possible 1000%+ ReturnSo, Im just basing this on technicals alone. Obviously there are market factors that come into play but if things stay consistent, $ICP can close a daily candle above the 50 EMA (turquoise) and then volume increases...well, a rally to ATH would be close to 1300% returns. Its been consolidating since dropping in price after its Coinbase release. I know they are heavy into Web3 and talks of smart contract integration with BTC could all be a driving factor in a price surge. I have multiple alerts set and plan to ape in upon confirmation of the above. Then again, shit could just keep moving sideways.. (Not financial advice)
ICP clear scenarios for this bullrun by end of year or 2022 Q1It's as simple as this. The fib levels are almost always correct to some point.
The Fib golden ratio is about 1.618, so lets hit that 1000$+ mark. ;)
Be safe and take this as a type of lesson of fib levels, not a financial advice. The whole world can be eaten by giant alien until the end of the year, so basically do your own research and only invest what you can afford to lose.
Hit a like and follow for some more trend analyses. Have a beautiful and profitable week!
ICP is going to have a MASSIVE breakoutTypically descending triangles are bearish distribution patterns but sometimes they break to the upside. Typically the volume will decrease as the pattern gets closer to the apex and generally you'll see a decline in the RSI but you can see that ICP has increasing volume as we get closer to the apex, plus there is bullish divergence on the daily RSI. The money flow indicator is a volume weighted RSI which shows massive divergence between the price action and the oscillator to the upside. In short, when ICP breaks out it will be massive.
ICP consolidation before the breakout👁🗨hello traders ! lets take a look at $ICPUSD
recently we have seen many rejections off the top trendline resistance.. but at the same time its bouncing off strong support.
bulls are still in control as long as that bottom support holds, we need to see top resistance break before we see any big moves to the upside.
Stop loss 36, price targets 55/60/75
ICP ready?ICP has just broken out the falling wedge. Bullish price pattern. It may retest the support trendline, but I expect an acceleration upwards.BB is shrinking, suggesting high volatility ahead. It just previously completed the primary trend wave 1, wave 2 was completed with the touch of 0.618 fib retracement target: first target 78, second target 130, Final target 262. I will, however, sell most of it at 175, just in case, it is a wave C, considering the previous downtrend.
ICP: Preparing for Blast Off?After a massive falling wedge from Sept. 6 - 29, ICP has broken out with local support around $40.
If the current trend line holds, then $50 would be the next local fib target. If the trend line breaks down, this idea is invalidated.
Not financial advice. These are just my ideas and opinions.