ICP Currency Currency Signal AnalysisIs incapable of failure resistance and is in response to resistance
A negative divergence is observed in RSI and is expected to have a stereotype
And to the side of Ardar Block and then to support and collect liquidity
Some of this position has a risk and can hit a top
ICPUSDT trade ideas
ICP: Approaching ResistanceThe Internet Computer (ICP) technical analysis:
Trade setup : Following a bullish breakout from Falling Wedge pattern, price has reached our target of $3.50. It is now overbought (RSI ~ 70) and could pause briefly. Trends are improving but price needs to break above the 200-day moving average (~$4.16) to confirm an Uptrend.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order.
Trend : Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $2.87. The nearest Resistance Zone is $3.50, which it broke, then $4.50, and $5.00.
ICP/USDT Secondary trend. accumulation channel. Reversal zoneLogarithm. Time frame 3 days.
In a month there will be the last unlock of coins in August. Now the price is in the price zone - ICO 2018. The accumulation channel is currently 431 days. A fractal structure is observed with a previous exit from a local triangle. He showed two options for a local interchange in the accumulation zone:
1) exit from the local triangle as before.
2) and with the removal of stop-loss (descending pennant).
The first significant resistance zone after exiting this accumulation (a large bowl is formed) is around +300% (not price lows and highs, but an average value).
This is what it looks like on a linear price chart.
Main trend.
ICP/USD Main trend. Reversal zone. 911 (publication 3 11 2022).
the main trend (all trading history) at the moment.
btc 40kif 1 acquires 0,05 worth of btc now w a price of around 28k costing u 1300ish and puts it into icp,
there is a target for icpbtc +500% , (also in the same date and zone in icpusdt chart 25$)
ones btc would increase to 0,25
your initial 1300ish would 8ish X to roughly 10k
so 0,25btc would b 10k so
1 btc would b 40k
if 1 were a pxxxy n would buy only btc
1 would still have 40% gain
🔥ICP Bubble has Burst: Time to Pump the New OneICP fell by -99.8% after the listing! I condole with its investors.
But the downward movement is fading, which is good, because in such conditions, the accumulation phase usually begins. ICP still has $1.5B of capitalization and lots of developers work on it.
💥I'm pretty sure ICP will show it's potential dugring Bitcoin bull market.
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Check the links and get a BONUS🎁 from me👇
ICP targets for 2024-2025BINANCE:ICPUSDT
ICP underrated now and all indicators shows the potential big move
Possible Targets and explanation idea
➡️Risky asset but with potential big move
➡️Monthly timeframe ADZ indicator in huge accumulation
➡️Direction indicator on monthly lay down at the bottom
➡️First resistance will be 2 local M-gap's 11.28$
➡️Main target for now is a liquidity over 87$
➡️What we can't know its a timing
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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ICP/USDT upward momentum? 👀 🚀 ICP Today Analysis💎Paradisers, turn your focus to ICPUSDT! Our observations indicate that it's currently positioned within a demand zone, and after accumulating liquidity, it's priming for a bullish ascent.
💎Delving deeper, we noticed that after breaking free from a descending channel trendline, it embarked on a commendable upward journey. However, it faced rejection from an overhead supply zone. Currently, it's regaining its bullish momentum, and there's a strong likelihood it will challenge the supply zone once more.
💎 Another key point to consider: should the price OF ICP breach the 3.039 demand zone level, anticipate a downward shift, potentially reaching another support level at 2.938.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights
🚨 Trade Update: ICP/USDT (5-10x)🚨 Trade Update: ICP/USDT (5-10x)
📈 Long Entry: 2.910 - 3.115
OTE (Optimal Trade Entry): 2.989
SL: 2.805
B/E Move: When it moves close to TP2
TPs:
Short Term: 3.15 - 3.18 - 3.22 - 3.27 - 3.33 - 3.39
Mid Term: 3.48 - 3.60 - 3.75 - 4.00 - 4.35
**Disclaimer: Past profits do not guarantee future results.
Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis.
GIS TRADING®
ICP/USDT on the Verge of a Breakout🚀| ICP Analysis Today💎 Paradisers, Take Notes! ICP/USDT is on the verge of a breakout from its descending channel pattern. Observing the daily close candle is vital to confirm a genuine breakout.
💎 If LSE:ICP remains above the support trendline at this point, it will signify a confirmed breakout.
💎 Examining ICP’s past behavior reveals its steady stance in a Strong Demand zone. Observations denote that the asset has consistently created wicks to access an order block in the bullish OB, maintaining the daily close persistently above the robust demand zone.
💎 LSE:ICP has undergone multiple attempts to penetrate the descending channel, each encountering substantial rejections and subsequently reverting to the strong demand zone.
💎 The analysis could become obsolete if ICP retreats from the Bullish OB zone, possibly signaling a continued descent for ICP.
💎 Stay vigilant and remain updated!