ICP - Bottom is in!hello guys again!
as you see ICP reclaimed previous weekly low such a nice invalidation level
and it shows the bulls in control making first higher low since dark ages.
imo this going to 0.5 fib level which is around 30$ level.
could have a run like Aptos
SPOT is great here
however, if you want to long it use a low leverage with SL as mentioned.
good luck.
ICPUSDT trade ideas
ICP Looking for 9-10 $ICP has inverted H&S formation in weekly chart and it aims for 9-10$.
As we can see it tried the Minor support several times and got a good response so far.
If it can exceed the minor resistance, then we can expect the price will grow up to 9-10$.
Let's hope this coin can perform well in the Bull market.
This is not a financial advice. It is just a trial. You can check my previous analysis from the links below.
ICPUSDT Massive Bullish WaveMajor trend reversal is confirmed on weekly chart,
Also, BTC pair is currently on a very strong support level.
Entry1: Market price
Entry 2 and Entry 3 are marked on chart,
Please follow Fix lost role on this trade as we have a long way to go.
My first TP is based on LEG2 of weekly chart.
Dont forget to take profit out while you are enjoying this trade with me.
ICPUSDTDisclaimer
High Risk Investment
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ICPCryptocurrencies associated with the IT technology sector have shown good growth since the beginning of the year. Then there was a deep correction. The ICP coin is now forming a lower sevenfold wedge. And in my opinion it is ready to grow. But do not forget that tomorrow there will be a closed meeting of the Fed at which an unexpected decision can be made!!!
ICP USD Support ICP (Internet Computer Protocol) is a decentralized global infrastructure aiming to revolutionize the Internet by enabling a more open, trustless, and tamper-proof web. The project is backed by an experienced development team and strategic partnerships, but it faces competition from other layer-1 blockchain platforms and is subject to regulatory and adoption risks.
The current state of the crypto environment is characterized by uncertainty and volatility, with Bitcoin's downward trend impacting other cryptocurrencies' value and investment activity. However, the increasing number of crypto users and growing interest in blockchain technology from businesses and governments show potential for future growth.
ICP/USD is trading at a key monthly support level, signaling a potential price reversal. The weekly chart displays an Ichimoku cross, which could be a bullish signal, but remember to consider other technical indicators and market factors, as cryptocurrency markets are volatile and subject to rapid change.
Before investing in ICP, consider the following factors: the project's roadmap and development progress, the team's experience and track record, community size and engagement, competition, regulatory environment, and overall market conditions. Staying informed about the latest developments is crucial for making well-informed investment decisions in the crypto industry.
ICP 4H TF confirmed breakoutI already posted my Idea based on the 1H time frame. In the 4H timeframe we have also a bullflag formed and a comfirmed breakout of the downtrend channel.
Expection is that we see a new pole soon. RSI was also oversold but volume is missing.
Let me know what you think, will ICP pump soon?
✴️ Internet Computer Update by RequestMy friends... I received so many messages about ICP, I get the feeling as if someone is knocking... "Tum, tum, tum... Hey, the update, DO IT!!!", so much insistence... But not even one of these was in the trade idea called "Name Your Altcoin", where I fulfilled all your requests...
But anyway, here is the analysis/update as I like to be of service and help.
The turning point for the Internet Computer (ICPUSDT) happened 19-December, one day before Jupiter stationed direct.
Right after this date a very clear bullish wave starts to develop. We get green candles, volume starts to rise and new highs are reached.
19-February, 2 months later, ICPUSDT peaked ending the first wave with a total of 143%.
It is normal to see a correction after a major move.
The correction started the next day and bottomed 10-March, just like the rest of the Altcoins market.
As the 10-March low was hit we see an initial bounce followed by consolidation and small higher lows.
All this action is happening above 0.786 Fib. retracement level support, which is a bullish signal.
Based on what this chart is saying, we should see a continuation of the initial bullish wave now that the correction is over. This is the chart setup.
This setup can become invalid if prices move, close and stay below $4.400, any trading above this level and we expect a higher high to happen reaching 12.4 or higher as the next peak.
Yes, bullish!
Namaste.
ICP Trading Zone>>>>>>>I Have Tried My Best to Bring the best Possible outcome in this Chart.
ICP moving in own mid-term downside channal,
At the moment engueged with midline of this channel,So ICP can do more correct to next support area's.
Must important level's marked on the chart.(short term)
It's just an analyze,
Not a financial advise.
PLZ DYOR
With hopping success>>>>>>>>>
ICPUSDTICP has been trading in a long bearish trend since 6-Sep.
In September 2021 ICP fell from 86$ after that ICP was rejected from this trend line 5th times.
Now again ICP is moving very close to this line.
Now will try to break for the 6th time.
watch for breakout and hold for the entry
DYOR
NFA
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