ICPUSD trade ideas
The importance of being StakedIf you pick a quality project like ICP and you buy it at the bottom of the bear market it is very important to be locked/ staked for the bull market, because when it pumps your monkey brain is always going to be thinking about trading it. I bet you there are a lot of people that are selling their ICP at 10 dollars right now that are going to regret it in a month or two.
The huge return comes from the price point that you get in compared to the theoretical fair value in the bull market that you give the project. Not from trading it. The biggest risk is that you exit and it leaves you behind right now.
My personal situation is this. My average price is 5 dollars. My thesis is that sometimes in 2025 we are going to reach the crypto cycle top. This coin will be worth between 200 and 400 dollars whenever we get to the top of the cycle in my opinion. This is what? Between 40 and 80x from my entry price. I dont need to trade it and to stress about it. If i make 40x im good. If i make 80x on it im even better. So chill and wait is the best thing to do in the bull market.
ICP- Where to buy/re-buy?In my recent post on COINBASE:ICPUSD , I posited that, subsequent to the breakout above the long-term falling wedge pattern, the price had the potential to experience a significant uptick, possibly resulting in a 100% increase.
True to this projection, the price not only surpassed my initial $10 target but peaked at $12.
Currently, the coin is undergoing a normal correction, presenting traders with a fresh opportunity to enter the market.
My point of interest for this correction lies around $8, with a target set at the recent high of $12.
ICP - My Winner For 24/25Entered at ~7$ on breakout of bearish trendline
Target 1 around 14.50
Target 2 is 22.134
Expect this to come down after first wave up to give opportunity for accumulation ahead of april
Selling some at T1 and rest at T2 expecting to accumulate between 6-9 dollars after hitting first targets
โด๏ธ Internet Computer Repeating BottomPattern (Name Your Altcoin)Here we have a repeating pattern for the Internet Computer (ICPUSD) trading pair.
The first thing to consider is the duration of the correction/bearish wave, since February until present which is a long time by any Cryptocurrency standard.
The market moves in waves, waves within cycles...
Regardless of a bearish or bullish cycle, we have down waves and up waves happening as a repeating pattern.
EMA50 has been working as resistance.
As EMA50 goes lower and lower, it becomes weaker and weaker.
Once the price moves above this indicator, the chart is considered bullish.
We can see ICPUSD now approaching this major inflection point in the coming days.
We expect a bottom formation to be completed and this event followed by a bullish wave.
The only variable is of time.
This analysis can be extended, meaning, it can take weeks or months to happen but it will happen with 100% certainty if one can wait because, the market moves in cycles and within these cycles we have waves.
We experienced a prolonged bearish wave and thus we are now going to enter a bullish phase.
It is like the moon and the sun... It is impersonal, it happens daily like clockwork, they go "down" and "up".
You can expect the Internet Computer eventually to grow.
Pretty soon of course.
Thanks a lot for your support.
Namaste.โจ
ICP bull market top dreamsConsidering that last cycle there were coins that reached 100B MC at the top i think ICP can easily reach it this cycle, that is if we have a regular bull cycle.
Not only that. Half of the coins are staked and can not be sold. If you do the math it should reach between 200 and 400 dollars at the top with the staked considerations.
So you selling at 10 dollars because it "pumped" is retarded.
Insane Clown Posse about to round up an Internet Computer. So we are looking at two megaphone patterns stacked. Should be exciting the next 24 hours.
Below you can see the resistance barriers. it was tough getting through the green line Nov 11th-22nd, now the next one is clear.
Not financial advice. If you get my play on words as well as technical analysis, please hit the like, subscribe and notification bell.
ICP at this MC is a jokeLSE:ICP Is the first network that supports both BTC and ETH scaling solutions without using bridges. For the uninitiated in crypto, bridges are one of the biggest failure points when bridging assets from one network to another. They are usually slow and buggy and are targets for hackers. And ICP solved this problem singlehandedly by eliminating the need for them.
The coins actually have value because they are integrated on a code level to have voting power over the things they vote on, while on other networks the so called voting coins are more like suggestions.
2.3 bill MC is a joke for this project. If you capture 2% of BTC and ETH MC as a layer 2 its a 10x from here. Not only that it has a million other use cases. This can go to 200 bill MC at the top of the bull easy.
Ohh and i almost forgot to mention the 150+ people team of engineers that worked in big tech before they joined ICP.
I locked my ICP until 2025 so i cant paper hand myself.
Insane Clown Posse about to pop to 6.50 zone. Hold on to your bootstraps ! Triangle pattern about completed.
We are at the early stages of a bull market. Clear across the board.
Regulators working hard to have their mitts in every aspect of the once considered decentralized pie! Criminals! Blood thirsty vamps. current admin, WEF & UN - Madoff-types.
Bring back free-market crypto! Bring back Trump to stop this!!!
๐ Decoding the Future: Spotting a Key Divergence in ICP Hello Crypto Enthusiasts! ๐
It's time to zoom in on something exciting happening with ICP (Internet Computer Protocol)! I've just noticed a potentially game-changing divergence on its chart that you wouldn't want to miss. Best of all it's just started!! ๐๐
ICP, with its ambitious goal to reinvent the internet, has always been a project to watch. And now, its technical indicators are telling us an intriguing story. ๐๐ก
๐ Check out the detailed analysis in my latest video on youtube.
In this deep dive, we'll explore what this divergence might mean for ICP. Whether you're a long-time supporter or just getting curious about the project, understanding these market signals can give you a significant edge. ๐ต๏ธโโ๏ธ๐
Divergences, as you may know, are like whispers in the world of trading, suggesting potential reversals or trend continuations. In the volatile landscape of crypto, these insights are gold. ๐๐ช๏ธ
So, what's the deal with ICP? It's gearing up for a bullish surge.
Find all the juicy details in my video where I dissect this intriguing pattern. We'll talk about what this means for ICP's future and how you might want to position yourself in this dynamic market. ๐ฅ๐ฌ
Always remember, trading is a blend of knowledge, intuition, and strategy. Make sure to do your research and align your moves with your financial goals and risk tolerance. ๐๐ฏ
Let's keep our fingers on the pulse of the crypto market and uncover the opportunities that lie within. Happy trading, and let's hope the crypto gods are smiling upon us today! ๐๐ซ
Stay curious, stay informed, and let's navigate the exciting world of cryptocurrencies together! ๐๐
#ICPAnalysis #CryptoDivergences #BlockchainInnovation #TradingInsights #InternetComputer
ICP PotentialWe need to see a flip of each of the red lines (zones) to have some bullish momentum! My areas of interest are in the purple box. What are yours?
Regarding its potential as a cryptocurrency investment:
The technology behind ICP is novel and intriguing. If the project delivers on its vision, it could have a significant impact on the decentralized internet and cloud computing spaces.
ICP had a high-profile launch and attracted significant attention, both positive and negative. Some in the crypto community are optimistic about its potential, while others have reservations.
Like many cryptocurrencies, ICP experienced notable price volatility after its launch (to say the least).
Let's be REAL. The evolving regulatory landscape for cryptocurrencies can influence the success and adoption of projects like ICP.
While ICP has a unique proposition, the blockchain and decentralized computing space are competitive. Other projects and platforms also aim to address similar challenges. Which is healthy for the space. It's essential to consider the long-term roadmap and development plans of the Dfinity Foundation. The continued evolution and adaptation of the platform will play a role in its success.
If you are considering investing in ICP or any cryptocurrency:
Do Your Own Research (DYOR): Take the time to understand the project, its vision, the team behind it, and the challenges it aims to address. Consider Your Risk Tolerance. Stay Updated- The crypto world moves rapidly. Keeping up-to-date with the latest developments, partnerships, and updates from the project can help you make informed decisions.
Ultimately, it's impossible to predict the future with certainty, so it's crucial to approach crypto investments with caution and a well-researched strategy. Best of luck out there!
ICPUSD breakout soonAs we can see the price remains under resistance .
However, due to the very positive news (Ripple beat SEC), we expect more euphoria in the cryptocurrency market and other altcoins should pump too.
Once we get a successful breakout and we will see higher prices
Short-term target: 5,48 usd
Entry: enter at the breakout or t the backtest (once the price retests the resistance and confirms it as a support)
Stop loss should be placed below the resistance
Good luck
ICP in the purchase zone !!!ICP is in the green zone of accumulation of position 7.430-3.365 and in the bright green zone of our purchase 4.493-2.637
Purchase level 3.491
The whole bright green area is a good price to buy!
The volume price is 5.262 orange.
+ The price is in a triangle, the expected output is in the area of 13.4
At the current price, this is a great option!