ICPUSD trade ideas
bullish falling wedge perhaps.hey there, this is just an idea. (I'm still fairly new to charting) I know the controversy behind ICP that caused such a quick decline, however I think there is an impending breakout, just a gut feeling. As of today (May 26th) Dfinity- the company behind ICP opened a new fund for over 200 million USD for ICP's production, may be a bit of a perk up for it. Of course this is all speculation and I'm not a financial advisor, but even if that doesn't create a bump, it does resemble a falling wedge, at least from my perspective, though I may have charted it wrong because I'm a noob. I welcome input! Thanks everyone.
ICP/USD Buy Now - Japan Crypto SignalsHi Traders and Investors,
Buy Price : 150.00
Target 1 : 185.00 (For Traders)
Target 2 : 355.00 (For Investors)
Stop Loss : 135.00
Its very Important token.
Recommended to buy and hold for long time.
Uptrend ICPHey all
Just a chart showing uptrend on the hourly.
If you have any other recommendations, please comment on here.
Thank you
icp perfect retest!there is nothing more satisfying seeing a perfect retest flipping resistance to support. now that being said we had great volume on breakout plus a picture perfect retest. also the 21ema is about to cross bullish on the 50ema. target is $240. but with market still uncertain just watch out for sudden dips!
icp/usdi recently studied up on icp since it came out of nowhere. bought a few at this dip. it did come out right before the crash so hard to get any data here but looks like we may have a breakout, but be careful cause market is very uncertain we could drop lower.
here is a link to icp if you wanna know more! youtu.be
ICPUSD (2H) - Bearish TradeThis is a bearish trend for ICPUSD on a 2H trend. I've got purchase orders at 87, 64, 54, and an exit price of 105.
M
ICP Bull Flag (30m Heiken)Bitcoin and ETH look bearish at the moment, so i'll be watching to see if the lower support line holds in the flag. If it holds i'll be buying. If it fails to hold, I think we see ICP retest $100. In which case i'll likely buy as well. Flag pole target is around $300 if this pattern plays out.
Beware the Dead Cat BounceHi folks!
ICP is an amazing project, so it is definitely worth following in the time to come.
However, it should be very clear to every investor that it is time to sell risky assets when you see even riskier assets starts exploding due to pure manic speculation.
As you all know, this manic speculation is what we have seen in the last months, and I believe we need a serious wipe out of these bullshit assets (as in every bubble) before
taking a big position in great projects such as Internet Computer, Cardano and Polkadot.
To me, this bounce looks very much like a Dead Cat Bounce, and most interesting assets (BTC, ETH, ADA, DOT, ICP, FIL) looks to develop a bearish divergence ATM.
My advise if you play the long game and are not already all in, just wait until you see the wipe out before placing a BIG chunk.
For the recond, I am a strong believer in DeFi - or at least a much more democratic and much less discriminatory financial system - but to get there, the crypto space must be regulated
in a way that protects against scams and high leverage trading for the world to focus on understanding the technology rather than price speculation.
Like in every bubble, there are great assets which will thrive in the future, as market bubbles usually happen due to the excitement surrounding new ideas - but it is never a good time to invest when everything explodes if you are a HODLer.
DYOR.NFA.
ICP : Ground breaking!Friends!
I am so excited about this project. Speaking as a software engineer myself, ICP is the end game of blockchain technology. Being able to build and publish applications to a "cloud" that is not owned or regulated by any one entity is the ultimate service.
right now almost all software services are hosted on cloud services owned by one of several major hosting services. Amazon web services, Pivotal Cloud Foundry, RedHat, Google Cloud are some of your major players. These cloud service providers have full control over the customers account and supreme authority over who can and who can not use their service.
one recent incident is with the social media app PARLER. Parler was started with the goal of providing unregulated and free social expression via their phone app. Due to "poor timing" and negative media, Parler found itself outcast by big tech. The reasoning behind this is debatable but nonetheless, Parler was offline almost overnight. Many jobs were lost and a tech company was destroyed.
ICP isn't just a good idea, or even great idea... its a much needed idea.
This is my project.. I'm behind ICP all the way. I hope to see great achievements from Dfinity.
ICP LONG - BOTTOM REACHEDHey all
I made an original post for people to stay away from ICP and do not get burned. It has hit the bottom at $100 and shown support below it.
This is a strong buy signal. STM is $500.
Thank you
ICPUSDICPUSD
4 hours time frame
i would not recommand buying yet
target for me is 152.62 as you can see
but i will be ready to wuit this if it gose more than that
so this is not an advice to buy
this to show what i think
Regards
Internet Computer - Hype Explosion!!!This was a huge hype explosion that pulled a lot of people in and caused ICP to briefly reach the number 4 spot on Coin Market cap. CRAZY!
Looking at the chart ICP is in a severe down trending channel.
This pans out in one of two ways. Either it breaks the resistance line (Top white line) and starts moving back up.
OR
ICP continues to trend downwards until it reaches a place where the project and price are at equilibrium.
Is it a promising project with a fantastic idea? Yes
Is it still in the very very early stages? Yes
I would probably attribute a 1% possibility that the project achieves its goals of essentially becoming the replacement of the internet.
Very high risk to reward even at these prices.
**This is not investment advice just my own thoughts and opinions**
LONG on $ICPSorry for the previous post. After reviewing the 4 hour chart, I am still LONG and have not moved my position. $300 in the next week. Oversold, lots of fear in the market, best time to buy in. Get ready. Downward Wedge will break hard.
Short on $ICPShort for a bit, seems like the downtrend isn't stopping yet, will re-enter and post when I see my signals go off for re-entry. If I had listened to my artificial intelligence, I would have shorted around $300, but sometimes I beat it, this time I did not. GG.
LONG on $ICPSigns of a bullish reversal here: No signal yet, but we are seeing the start of an uptrend on the 45m chart. Potential long trade, high-risk, trade with caution and tight stop-loss.
ICP is extremely oversold, normally this indicated a strong buying time in past trades for me.
Long on $ICPI'm long here, still too tired and busy to post a detailed analysis but my AI signals are giving me an alert on the short time frame for a trade here. Do your own diligence.
$ICPUSD LONGCoin formed basing pattern after selloff and is attempting to reverse. Buy now and add on retest of trendline.
