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ICPUSDT trade ideas

ICP - Keep A Close Eye On This!ICP has almost finished its bearish ABC corrective wave. Wave C consists of 5 waves and we are in the 5th wave now, which appears to be a descending wedge. A descending wedge is often a bullish reversal pattern. The confirmation required is a strong bullish impulse breaking the wedge. For entry we'd require a correction to follow where we can mark up clear invalidation levels. Trade idea: - once confirmation appears, enter with stops below the correction - Targets: 37, 57, 100, 150, actively manage the rest Will update this chart when a breakout appears and we can actively monitor it for the best entry. Goodluck!
by WicktatorFX
3
ICP at lower price#ICP/USDT $ICP broke down from lower line of long term falling wedge pattern. 🐮 holding the parallel trend line of lower line as support can increase price to lower line of wedge again, and break out this descending resistance will increase price toward resistance zone between $15 and $17.5. break out from resistance of $23 can pump price to moon. 🐻 rejection from lower line of wedge and break down current descending support will drop price to lower supports around $3 and lower.
Long
by parissap
📈ICP: is the whale trap coming to open short?Hi friends! As we can see the volume indicator shows us that lots of coins have sold by big players during the last few pumps. Now the price forming the falling wedge which is the bullish pattern. But why short is possible in this case: 1. growing dominance of BTC. Altcoins looks very weak. 2. huge resistance at the $7.4-8 value area. 3. possible false breakout or pump the same as we see previously with volume bars growth. It shows us the sellers presure. The target for downtrend movement will be at least the $6 key level. 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
3
ICP Possible long position forming - breaking resistanceAn old resistance line coming Sep 2021 was finally broken. I expect accumulation for a while and when the volume goes very low, I expect a bullish rally to pump it up towards $10. For the long term: price must close above $13 to start a proper 100%+ rally. Otherwise, it's still bearish down to $4. Link to previous chart below. Keep your eyes out for this one, as of right now it's in murky waters, and could very well for a strong rally out of nowhere. \\ PLEASE ZOOM IN TO SEE THE TEXT BETTER
by BARSTrading
ICP and its 20% pump tonight. What's next?Hello, dear TradingView members. This idea is an ICP analysis. Tonight ICPUSDT made a 20% pump. Before we FOMO and buy or sell, let's see what possible scenarios. Scenario one: A break-out: If that bullish candle closes above this area, it can later perform a pullback and make it a breakout confirmation. Scenario two: A fake-out: The price might go even higher but then lose strength after hitting one or two resistance levels and fall back to the previous support area. The Bollinger Bands are opening and making a wide channel, and the price is pushing higher than the upper band. Now, this mostly shows overbought signals, which aren't healthy. This might cause weakness in future hours. RSI is also above 75, which shows overbought signals. The Speedometer indicator shows Buy volumes on the market for Bitcoin on a 1D interval. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
13
ICP ICPUSDT UPDATEDAs you see the cup is going to complete with the moment moves by chart Btc is ranging in a FLAG , i bet all the traders are ready to catch the ALTS Maybe Long Maybe short I can say this market is like a door The Longs and Shorts behind the door Longs can open the door and beat the shorts When they have some GIANTS(like gray skale or the mask lol) . I think after the btc ranging and breaking the flag from the roof , we can enter to ICP This is an idea guys just keep out and enter with 3% asset 8.1 ta 8.5 enter Good luck
Long
by Ashkey
3