ICPUSDT trade ideas
ICP/USDT Waiting for rejection Hey, traders!!
Today will be the day where we add ICP coin to our watchlist. Just as most coins it is also inside bearish channel but the difference here is that currently it is trying to breakout from that channel. With EMA200 + Channels upper line + resistance zone we see a good possibility for this zone to hold strong and push price back down.
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Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
🔥 ICP: Potentially Breaking Out Of 1.5 Year Bear TrendFew weeks ago I made an analysis on ICP and the potential break out of the 1.5 year bear trend. The break out failed, so no entry has been made. However, the same theory applies to this signal.
I'm waiting patiently for a weekly close above the dotted resistance line. In case of a break out, I'm keeping my initial targets close at $5 and $6.
Since there's a lot of investors shorting ICP, we could see some kind of short-squeeze develop at some point in the future. When it will happen remains a mystery, though.
ICP - Technical review and analysisImportant resistance is considered in the range of $3.70-3.90; if the buyers can push the price above the level and we have a consolidation, we can continue the short-term upward movement to the target range of $4.45-4.90 at the top of the main descending channel. This support level can help support and change the trend in the 4-hour timeframe. Of course, if the short-term conditions of the market remain favorable.
viewpoint Short For ICPHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the ICP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
IcpusdtICP is the biggest rugpull in the cryptohistory.
Largest amount of coins was sold at its highest price at the beginning of 2021.
According to the info from many app developers that started building on icp, ICP headquarter does not supported them, instead they support financially and technically only those who belong to themselves.
Not financial advice anyway
ICPUSDT 4H Short setup after Parallel channel breakdown$ICP/USDT lost local support of rising parallel channel. Bearish continuation possible after a little pullback/retest of the breakdown level.
EMAs crossed bearish. RSI below 0.
Retest of the EMAs required to activate the short trade.
SL above broken support zone, which should now act as resistance.
Internet Computer (ICP) formed bullish BAT for upto 25.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Internet Computer ( ICP ) with US Dollar pair.
Our last successful trade of ICP was as below:
On a daily time frame, ICP has formed a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ICP - Technical review and analysisTo continue the hypothetical movement towards the $4.8 range, it is necessary for the price to return above the level of $4.25 to $4.30 at least in the 1-hour timeframe, in which case there is a possibility of forming a double bottom pattern on the support and increasing the price again for a short term. becomes So, the first short-term impact of the price to the resistance level of $4.30 can be associated with a negative reaction.