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ICPUSD trade ideas

ICP reversal SignsLooking at that the RSI, it made a higher low and the candles made a lower low. The RSI is showing a bullish divergence. Also the price has been falling into a wedge, meaning its running out of sell pressure. The monthly support is at 20$ acting as a resistance right now. i can see that giving and hitting $35 as the next stop. have to see the pattern payout once we're at $35. over all outlook. i can see a reverse head and shoulder playing out to $80. This will take sometime to unfold
COINBASE:ICPUSDLong
by KidCrypto514
1
ICP in good position to growLooks to have broke a strong downtrend. Prob needs to break the 37 resistance to confirm a real strong upward move to 55, 72, and higher. Short term target of 24 should be hit soon. I think the key will be breaking the 200ma, which, if this move continues, will probably be in the 33-37 area. Nice bullish movement w RSI relative to price action as well. Four strait Green Day’s, although not super significant, could indicate a general positive reaction to breaking the downtrend. Not a pro. DYOR. Please leave comments/advice. Always learning…
COINBASE:ICPUSDLong
by jrcampbell12
ICP to $38 in April?If we continue to see BTC pump into spring time I think it we can expect alts to follow. I expect ICP to head toward the point of control of this lower price range at around $20. This would coincide wit a break of the descending wedged. It would then be reasonable to see a bullish retest at the top of the wedge before a continuation to what I consider the first major level at around $38-$40. A break and hold of $38-$40 would confirm a macro reversal. I expect ICP would challenge that $87 local high shortly after. I think we could see the retest of the $38-$40 by mid April.
COINBASE:ICPUSDLong
by CryptoNCoffee
1
Wyckoff For Dummies (Including the Author)Hello, I am a dummy, so often it takes a long time for things to sink into my thick skull. Loss of money (or failure to make mony) is often where I learn the best. Instead of learning from my mistakes I enjoy repeating them many times...just to make sure. Anyway there are four important points in common price action (FOR TRADERS), and they have acronyms: PSY - Preliminary Supply BC - Buying Climax AR - Automatic Reaction ST - Secondary Test Go ahead and look this stuff up and get all geeky with it, but I find waiting for a breakout and understanding these four points is important. On most charts the pattern is distorted; this chart looks damn near perfect for a Wyckoff. You might need to use longer timeframes to see a Good chart that fits the model. After the AR when the price comes back up again near the BC; this is the Secondary Test or ST--its time for me to get out because I lose money after that point if I play around. Also can sell half here just in case it rockets up because of reality. Good luck and regards, Dummy
COINBASE:ICPUSDEducation
by Hazel-Ra-Owsla
Internet ComputerInternet Computer ICP/USD. Here's levels on the 1-day chart: 52 week high = $751 52 week low = $18 7 day high = $22 7 day low = $19 breakout = $27.72 R3 = $26.04 R2 = $24.36 R1 = $22.68 pivot = $21 S1 = $19.32 S2 = $17.64 S3 = $15.96 breakdown = $14.28 Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.com
COINBASE:ICPUSDLong
by Options360
ICP to finally test down trend?Is the bottom in at 20? Should know it a few days, if not sooner. The 20 support is close to meshing w the down trend, which should show us if a nice break out is coming, or the dump continues… Do feel the need to say, all my posts tend to be long or positive. This isn’t because I ignore the negative, it’s bc I only trade on spot, never use margin, and don’t short (nothing wrong w it, just doesn’t work for my situation). When I have an idea for a trade they are always long, so I wanted to be clear in that regard. Thanks. Good luck traders
COINBASE:ICPUSD
by jrcampbell12