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ICPUSDT trade ideas

ICP Did It! What is Next?In my previous analysis, I had mentioned that ICP coin would rise from $3.60 to $8.20. Despite ICP dropping from $500 to $3, it is still a strong project and my favorite coin. Unfortunately, due to VC involvement, the coin that had fallen so much has finally started to show a strong uptrend. What is next? RSI is oversold, and price made a huge pump (+%50) since yesterday. Therefore, I believe ICP will make some corrections. As I point it out in the graph, if it starts to do some correction, I believe around 7.50$, we will see some reversal to go up to 15$. If it doesn't stop here, it can directly go to 15$, but I believe it will rejected from there and will do some corrections. In that case, I will publish a new analysis. This is my trial. Not a financial advice.
Long
by Dantefe
2
ICP: Unlocking the Bullish Momentumn recent times, Internet Computer (ICP) found itself entrenched in a prolonged downtrend, strategically accumulating liquidity from the market's upper echelons. This downtrend persisted until a noteworthy shift in its trajectory transpired. Navigating the Downtrend: Accumulation Phase: ICP meticulously gathered liquidity during its descent, setting the stage for a calculated shift. Breaking the Bearish Mold: Bearish Prelude: Fakeout and Resilience: A bearish prelude unfolded with the formation of a deceptive bear flag, indicating potential downside. Contrary to expectations, ICP swiftly pivoted, establishing a resilient double bottom pattern. The Resurgence: Sharp Uptick: A Bullish Resurgence: A sudden and robust upward surge followed the double bottom formation, indicating a substantial change in market sentiment. Breaking Free from the Downtrend: Strategic Breakout: ICP successfully breached the confinements of the prolonged downtrend, marking a significant departure from bearish market dynamics. Anticipating Further Upside: Strategic Outlook: The successful breakout positions ICP for potential further upside, presenting an optimistic outlook for traders. A prudent approach involves anticipating a retest of the daily imbalance level in the $7-8 range before expecting continued growth. Closing Thoughts: ICP's strategic maneuvers, from liquidity accumulation to breaking free from the downtrend, suggest a renewed bullish momentum. Traders eyeing opportunities in this landscape should remain vigilant for potential entry points, with a keen focus on the impending retest in the specified price range. ❗️Unlock my 3 crypto trading indicators for FREE❗️
by AlexWhale
ICPUSDT: Ascending to New Heights! 🚀💹Introduction: 🌐 Brace yourselves for an exciting ascent in the crypto sky with ICPUSDT! Traders are gearing up for a long position from $11, as the price approaches a compelling level. Let's unravel the details of this potentially rewarding trade. Trade Details: 💰 The long position (#ICPUSDT) takes flight from $11, safeguarded by a stop-loss at $10.93. The rationale behind this move is the price approaching a fascinating level, amidst a confident ascending structure, backed by trading volumes and notable buyer activity. Technical Analysis: 📊 Navigating the 1-hour timeframe, ICPUSDT is steadily approaching a significant price level of $11. The ascending structure remains robust, marked by trading volumes and evident buyer activity. Upon reaching the designated peak, traders are advised to await the formation of consolidation before initiating a breakout. Expectations and Strategy: 🎯 The trader anticipates potential gains of approximately 9%, emphasizing the need to patiently wait for consolidation post the designated peak and subsequently capitalize on the breakout. Trade Target: 🚀 The primary goal is to ride the confident ascending structure, unlocking potential profits as the price ascends to new heights. Conclusion: 🌟 ICPUSDT invites traders to ascend to new heights in this promising trade. Prepare for a journey of potential profits, exercise patience during consolidation, and get ready to ride the crypto waves to new heights! 💹🚀
Long
by RICHI_CRYPTO_SIGNAL
ICPUSDT: Navigating the Correction Waves with a Short Sail! 📉⛵Introduction: 🌐 Brace yourselves for a turbulent ride in the crypto seas with ICPUSDT! Traders are embarking on a short position from $9.073, navigating through recent active growth and identifying a descending structure. Let's delve into the details of this bearish journey. Trade Details: 💰 The short position (#ICPUSDT) sets sail from $9.073, anchored with a stop-loss at $9.122. The rationale behind this move lies in the recent active growth leading to a corrective phase, forming a descending structure that signals the strength of sellers and weakness of buyers with declining trading volumes. Technical Analysis: 📊 Zooming into the 30-minute timeframe, ICPUSDT is undergoing a correction after recent active growth, forming a descending structure that points to the strength of sellers and the weakness of buyers with a decline in trading volumes. The price compression along the trend is approaching a support level, validated multiple times and holding unrealized liquidity. Expectations and Strategy: 🎯 The trader contemplates a gradual approach with consolidation around the support level, anticipating an impulsive breakthrough with increased activity in the order book. Trade Target: 📉 The primary goal is to capitalize on the correction by riding the descending waves, navigating through the sea of potential profits. Conclusion: 🛑 ICPUSDT invites traders to navigate the correction waves with a short sail. Prepare for a bearish journey, watch for price compression around the support level, and be ready for an impulsive breakthrough with heightened activity in the order book! ⛵💹
by RICHI_CRYPTO_SIGNAL
ICP/USDT Bullish Horizons what next? 👀 🚀ICP Today Analysis💎 Yello, Paradisers! Get ready for an exciting opportunity with #ICPUSDT. It's currently in a demand zone and poised to breach a supply level, signaling a high chance of a bullish move after this breakout. 💎 We've noticed that #InternetComputer often successfully follows a pattern where it breaks above a descending trendline and initiates an upward trajectory, consistently creating higher highs and lows. If it breaks through the supply level at $5.293, we're likely to see a strong bullish surge to overcome a major supply barrier. 💎 However, if it struggles to maintain this upward momentum, there's a chance it might seek bullish continuation from its previous support zone at $4.018. A fall below this could lead to a significant downward trend. Stay alert and watch these levels!
Long
by MyCryptoParadise
3
ICP/USDT LONGA dangerous but good risk reward ratio at 5.5, stop loss close. As jewel point upwards giving a buy signal after going from white to blue and still point upwards. as bullish divergence getting printed and oscillator giving a buy signal with a bounce and turning green. but this is 15min time frame, so short term trade. risky but worthy. would be cautious after gold tp 1. since its a 15 min timeframe chart first gold tp 1. for smart target higher level leverage scalp
Long
by Enjoylifee
1
ICPUSDT → The development of bullish potential could yield 75%BINANCE:ICPUSDT has finally overcome the resistance of the bearish trend. The coin has a potential for growth. The target could be a 75% rise. On w1 we can see that the coin is still weaker than the cryptocurrency market and is currently showing the prerequisites in which the price can start a rally to catch up with the missed potential. A breakdown of MA-50 W1 and consolidation above forms a bullish leverage that allows for a successful upper channel boundary. On the daily timeframe, price breaks the 6.00 level. In the future, I will wait for price consolidation above this level to open positions with the aim of further price growth and achieving the targets indicated on the chart. Support levels: 6.050, 4.988 Resistance levels: 6.788, 7.100, 7.809 I expect the ICPUSDT coin to continue growing after the price fixes above the previously broken level. Regards, R. Linda!
Long
by RLinda
15