ICPUSDT trade ideas
ICP Completes E-Wave in Symmetrical Triangle: Prepping for LaunICP has finalized its E-wave within a symmetrical triangle formation—a classic consolidation pattern often signaling a decisive breakout. This marks a key technical moment for traders as the triangle's compression nears its apex, setting the stage for potential price movement.
ICP my trading planLet’s talk about Internet Computer Protocol (ICP)! Today, I’m reviewing this promising cryptocurrency and sharing my updated strategy and key levels with you. 📊 ICP has been gaining momentum, and I believe it offers great opportunities for growth. Below are the details of my trading plan.
🟢 Buy Zone: $8.7 - $8
📈 Take-Profit Levels:
TP1: $11
TP2: $14
TP3: $20
⛔️ Stop-Loss: $6.6
🔥 Risk-reward ratio: 1/7
Don’t underestimate the importance of risk management! The crypto market is highly volatile, so always conduct your own research and analysis before making trades.
🆘 Recommended trading volume: Allocate no more than 5-7% of your deposit for this trade. 📝
Good luck with your trading! 🚀
ICP LONG SignalICP BUY
"The Internet Computer (ICP) is the first "World Computer" network. It enables you to build web applications and internet services using a 100% decentralized platform without Big Tech and traditional IT. While traditional blockchains struggle to store a single phone photo onchain, ICP already hosts social networks, multiple ledgers, AI and much more, fully onchain. "
Source: Internet Computer ORG
#icp #internetcomputer
Internet Computer (ICP) 50% crash incoming.... On the above chart price action has been trading sideways since June. Recent developments suggest a bearish outlook. They include:
1) Price action and RSI support breakdowns.
2) Trend reversal confirmation with double top print.
3) Rising wedge confirmation with 50% correction forecast to $4 area.
Is it possible this is all gibberish and fundamentals don’t care for Technical Analysis? Sure.
Is it probable price action will correct as forecast? Very likely.
Ww
Trade for the Day As the weekly candle opened Asia failed to take out any BSL creating and SMT with Previous Day Low(PDL).
London grabbed Asia’s BSL presenting an opportunity for NY to tap into the 1HR FVG which is weekly discount zone
Unfilled orders will be filled and priced higher to weekly Sell Side Order Block at the weekly Premium zone
icp vs usd ascending triangleI see a clearly ascending triangle with target of around 80$, with price currently in symmetrical triangle with tendency to breakout to upside during uptrend, and ema ribbon starts to turn slightly upward. Although i might be wrong, this clearly is a great project and one of the best tech in crypto; so a great investment in the long run, and will probable be one of top 3 crypto in future.
ICP bullish breakout sym triangleI've been watching CRYPTOCAP:ICP for a very long time now. We saw a very strong move upward and after that, a huge correction to the downside where it started forming a symmetrical triangle. I believe that it is about time to break out from this triangle to the upside. My first target is 11.90, but imo it can go much higher, escpecially under the current market conditions.
ICP targets and movementsICP targets and movements
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ICP trading setup ideaWeekly: long term analysis
BINANCE:ICPUSDT defined an All Time Low (ATL) at the 3$ level.
After that low, ICP witnessed a very strong momentum upward with incredible volumes. It is now consolidating for several weeks at the current price level. Let's analyze it in a lower time frame to plan an entry.
Daily: short term analysis
Since the ATL, ICP had a very bullish momentum with huge volumes.
After a period of consolidation under a very clear resistance level and a contracting volatility (see narrow Bollinger Bands), ICP is now attempting to break out of this resistance level with an increase in volumes.
If breakout is confirmed, all ingredients for a powerful upward movement and a good trading setup will be gathered.
Strategy
Buy signal will be given on a daily close above the horizontal resistance line at 14,75$.
Objective 1: Nearest resistance line at 23,50$ (+60%)
Objective 2: Next resistance at 39$ (+160%)
Objective 3: First wave target and next resistance at 82$ (+500%)
Invalidation
Mental Stop: just below the last consolidation low at 12$. This setup proposes a nice Risk Reward
If prices retrace to this stop level we will wait for the weekly closing price then set a Stop loss ¼ or Risk below the weekly close price.
Risk = Distance between Mental stop and entry point.
ICPUSDT - BUY OPPORTUNITYThis one is a low risk - high reward potential for a long-term, equity growth investment.
Considering the future of Ai within the crypto space & blockchain and in general, market growth of Ai to reach trillions of $$$ in the next few years or sooner, the overall growth and future potential integration of Ai within the ecosystem of ICP can help elevate the overall price of ICP - already its implementing Ai introduction within its blockchain and many more applications to follow through in near future. given the reasons, the potential Ai bull run can be explosive for Ai coins and ICP has the greatest potential to overcome its past performance and gain huge growth from here!
My overall investment in this coin is long term hold to potential STP target - I can see this coin to do exponentially well in near future! I will HODL this coin until Ai bull run fully peaks!!!
Pls DYOR and risk only what you can afford to lose! Crypto is extremely volatile and you can lose your entire capital!
Trade Safe Habibis! Good luck to ICP HODLrs LFG!