Don't shoot the messengerJust an idea
ICP and crypto market had a nice YEAR
UP UP UP
now need to set the stage for ALT season that should follow BTC halvening
This setup would provide a confirmed Bullrun IMO
ICPUST trade ideas
LiquidityLiquidity is down there behind those stop losses
should market makers go after them what do you think
everyones long now right :D ?
ICP Token Can't Break Resistance!? This Analysis Brings Clarity.ICP is mirroring Bitcoin and Ethereum in their difficulty to break their Weekly resistance zones. This is the 4th attempt since November 12th that the price tried to clear and hold above $4.80, will it hold this time?
How do we trade this?
ICP is in a bull channel, which means our bias should be toward the upside. That does not mean it's the *only* data point to consider, we're also at resistance without a bear signal bar, so don't dive into a short just yet! We also have the 200EMA below us at $4.20, which is likely to act as support given that the overall trend is bullish.
Given these data, it's reasonable to look for a bear signal bar closing on or near its low to get short, then take some or all profits just above the 200EMA. Wait for more price action at that level to see if we get another leg up, or hold the rest of that short position to lower prices.
Key Points
1. Bull Channel, Bias to Long.
2. 4th Attempt to break Resistance Happening Now.
3. If the 4th Rejection Happens, a Short is Reasonable.
4. Watch 200EMA for Support
5. RSI at 63.00, Bias to Fall.
You are solely responsible for your trades, trade at your own risk!
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Internet Computer (ICP) Next TargetInternet Computer (ICP)
Contrary to other altcoins, ICP has shown a relatively muted response to the BTC rise. Although the asset has appreciated by 70% since October 15, it has not yet reached a new annual high, and the ICP growth rate remains somewhat sluggish.
Currently, the asset is trading between a support zone of $3.94-$4.18 and a resistance level of $4.64-$4.96. If BTC continues its sideways trend above $37,000 or maintains its upward movement, ICP might follow a similar trajectory. The next target for buyers could be the psychological level of $5, with an additional notable level at $5.42 just above.
In the event of a correction, ICP could retest its current buyer's zone, as well as potentially drop to the level of $3.78 and into the range of $3.5-$3.7.
(t)reasonBinance fud shall be the (t)reason for the upcoming dump party
4h rsi has been grinding that resistance
1d rsi seems to get rejection leading to 1w rsi heading for 50lvl retest
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ICP- Break of resistance and 50% rise afterICP is one of the coins that I watched closely and, as explained in my previous analysis, a break above resistance could lead to up acceleration.
Now, the coin is flirting with resistance and is pressing for a break
As long as the price stays above 4usd the trend is bullish and a genuine break of resistance could lead to a rise of at least 50%.
Top of the weekendnice opportunity rich weekend,
crypto is moving again
but this is the top for this weekend
hard to say what's next
im afraid we go back down there :D ....
but weekly rsi is @ bullish zone
w a bearish divergence possibility tho..
conclusion,
HTF
accumulation / consolidation / range
LEVELSJust some levels to keep an eye on
might have visitations briefly now that everyones pumped up again >.<
scalpEuropes turn to throw the chips on the table
seems to be consolidating
1h rsi seems to be getting rejected and turning down
HLMaybe, just maybe it's finally time for that long waited HIGHER LOW @ the green zones ?
@ weekly RSI is indicating bearish divergence
618icp had some good momentum there, now maybe time for a small pull back , 618 fibo there waiting nicely
🔥 ICP Long-Term Trend Shift: Short-Squeeze PotentialIn the past I've written many times about ICP's terrible performance and price action. It was one of the worst performing tokens of the last 2.5 years, with a serious risk of never going up again.
But, where there's pain, there's also opportunity. With ICP losing over 99% in value in 2.5 years, it has some serious potential to pump. Not saying that we're going to see new all-time highs, but a move towards 100$ is still in the cards.
The weekly RSI has hit it's highest level since ICP started trading on Binance. This is a bullish metric in itself.
Furthermore, with ICP being so weak, it was a shorter's dream come true. I reckon there's a lot of shorts currently wondering whether to close their short position or to leave it open.
If BTC (and alts) continue to rise, ICP will rise with it, making more and more shorters close their positions, which leads to even more bullish price action since they have to buy their positions back. This could cause a short-squeeze in ICP's price.
All in all, I think it's quite possible that ICP's lows are in and that we're going to see a long-term trend shift.
ICPUSDT"As we enter the bullish season, the initial target to aim for is
target : 68 🎯.
This is based on a combination of technical analysis indicators and market trends.
However, it's important to approach trading with caution and adapt to changing market
conditions.
Keep an eye on key support and resistance levels, as well as any significant news or events that may impact the market.
Remember to use proper risk management techniques and consider setting profit targets along the way.
Happy trading!"
Icp 50%Hello
As the chart said ICP has found its trend and taking long position gives us 50% and more and more!
HealthyPerhaps close to a local hi followed by healthy pullback to make the HIGHER LOW n then continue or we shall see what kind of news they manufacture to us
ICP Shakeout Below Pivot: BULLISH🚀 Internet Computer (ICP) has charted a promising course in the crypto waters with a significant breakout pattern – the cup and handle. This bullish setup, combined with a substantial triangle breakout, suggests that ICP is gearing up for a significant uptrend in the near future. 🌐🚀
Setting the Stage: The Triangle Breakout
ICP recently made a notable move by breaking out from a substantial triangle pattern, signifying a potential shift in its price trend. Triangle breakouts are essential indicators of impending price movement, offering traders and investors an opportunity to capitalize on emerging trends.
Cup and Handle: A Bullish Prelude
Adding to this momentum, ICP displayed an intriguing cup and handle formation on its daily chart. The cup and handle pattern is a classic sign of a bullish trend continuation. It reflects a temporary consolidation phase, like sipping from a cup, followed by a strong, upward move, akin to the handle of the cup. This pattern is revered for its potential to push prices higher.
Trading Strategy: Navigating the Crypto Seas
For traders and investors, ICP's recent price action and patterns are noteworthy. It's crucial to observe these developments and consider them as part of a comprehensive trading strategy. Implement effective risk management to navigate the often unpredictable crypto market.
Conclusion: ICP's Voyage Into Bright Waters
Internet Computer (ICP) is embarking on a voyage into brighter waters, marked by a triumphant triangle breakout and a classic cup and handle formation. These patterns signal the potential for bullish price movement in the coming days and weeks.
🚀 Crypto Insights | 💡 Trading Strategies | 💰 Market Analysis
❗See related ideas below❗
Feel free to share your thoughts and insights on ICP's chart developments. . 💚🚀💚
ACCUMULATIONICP might be at THE zone for building longs, but we still need to make a
HIGHER LOW
There is a good clear target zone @ 10$
Also 25$ but that's a story for another time
ClearingIcp is bullish n clearing its way
Rsi turning even on the htf
Now we need is a hl by doing this
ICPusdtICP is good coin with good fundamental.
but i think this cant got highers targets i try best targets on best time on this bullrun can got that i show you.
gl
EntryPoint:
3.775
3.517
3.325
3.140
Supports:
2.895
2.612
2.290
2.138
Resistances:
3.984
4.428
Targets:
4.923
5.725
6.939
8.859
10.060
12.086
Midtime:
17.034
21.730
29.670
HODL:
41.781
53.348
72.775
102.572
126.761
GOAL
178.661
GL
ICPUSDT 1DAfter an upward movement of the icp, we should wait for a corrective movement that will continue to the demand area, and this movement will start, or better said, the continuation of the upward movement of the ICP to the specified supply area, i.e. the $5.25 area.
CccleeeanIcp has started to trend up
B. E. A. U. T. I. F. U. L. L. Y
RSI claiming strong ground,
Medium term double bottom
But possibly still just an accumulation n looking for small isj pullbacks starting now
ICP/USDT Break the descending channel, Bullish Momentum for ICP 💎 ICP has certainly grabbed our attention. Currently, ICP has broken out of the descending channel pattern, marked by a robust volume and a pronounced green candle. As it stands, ICP is positioned between supply and demand zones, making it prudent for us to await further confirmation.
💎 While ICP hasn't yet undergone a retesting phase post-breakout, there's a likelihood it might gravitate towards the demand level at $2.983 for a healthy correction, setting the stage for a potential upward surge. However, should ICP directly breach the supply zone, it could swiftly ascend to the next supply level.
💎 On the downside, if ICP exhibits a false breakout and the demand zone fails to hold against selling pressure, ICP might revert to the strong support zone. The bullish outlook would be jeopardized if this support is breached and a candle closes beneath it.
