ICP inverted head and shoulders patternICP looks mega bullish.
Recently we posted trading idea where we explained that ICP has been in the range since summer 2022:
In this publication we would like to present another reason why ICP is bullish.
What we can see on the chart is a potential inverted head and shoulders pattern which is mega bullish.
The right shoulder is in a development phase . Once it's done, and we get a breakout we should see a masive move.
Technical target from this pattern would be around 12,70$.
You can also take profit at 9,78$ which is the top of the range and final target from our previous idea.
Overall ICP looks bullish and it should rise in the next days and weeks.
We are buying ICP. What about you?
kind regards
ICPUSD
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.
Internet computer Parabolic move coming!ICP, is it a dead project or just suffer from bad timing on the release?
This project was released with a lot of hype behind it but nothing but deflate and loose value ever since it's release. It something better than hype going for it right now and that is bullish divergence on the RSI and the MACD. The MFI showed a break above resistance and is trying to hold the breakout as support.
It looks like a fairly substantial recover is on the way for ICP and could see a price bump to $55 to $60 by the end of 2023. That is a cool 10 to 12x from where prices stand at this very moment.
This is not financial advice. Please do your own diligence and invest responsible.
ICP what is next?ICP broke the support that I implemented on my previous analysis due to the FUD about Banks and stuff, so it went down to the stronger minor support (4.40-4.60$).
The direction of the market is still uncertain. Therefore, I would like to show two possible scenario in here.
First, ICP can bounce back from this minor support. If it does, I strongly beleive that it will go up to 9-9.80$.
If the support doesn't hold, then our strong support is at 3.50$.
This is not a financial advice. It is just for fun.
$ICP 🐻'sh Continuation On the 1Hr TF i've identified a bearish continuation pattern that $ICP has formed beautifully.
It has already flown to the 50% mark and pulled back. Though I want to see more bullish engulfing patterns
as PA leaves the demand zone and heads for supply. In all, expecting PA to head towards the $5.89 mark
to then continue the trend and trade below $5.21. You can trade either direction, but since you know where it's going..
you can play offense and setup a short at the above level mentioned, just make sure you SL is tight & GL!
Internet Computer (ICP) formed bullish Shark for upto 62% rallyHi 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 below:
Now on a 4-hr time frame, ICP has formed a bullish Shark move for another price reversal.
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
ICPUSD Golden Cross targeting 9.85 short and 24.50 long termInternet Computer/ ICPUSD is testing the 1week MA50 with a 1day Golden Cross a day away from forming. Its pattern is a Channel Up, formed after the Falling Wedge broke upwards.
A rejection on the 1week MA50 can cause the final pull back for the 9.85 Resistance A test. Crossing above this level opens the way long term for 24.50 (Resistance B).
Follow us, like the idea and leave a comment below!!
ICP breakoutOne of the many coins that will pump, it has a very clean TA. Double bottom. Fakeout below key level, with range re-entry and retest. Breakout of a decending channel will with retest. Measured move of the decending channel's breakout is confluent with range resistance.
a the moment only 9.9 target is high probability, but break into upper ranges will entail further moves up.
ICP Small correction before we go UP!As I told in my previous analysis, ICP broke very important 486 days long falling channel. We also broke the 4.60 resistance which is nice. Now, market is a bit overpriced since RSI are really high. So I expect small correction before more up movement till 9.80.
I will open position around 4.80-4.60 according to the reaction on that interval. Good selling point is 9.50-9.80.
This is my trial. Not a financial advice.
(ICPUSD) has good growth potential to values of $14.30Bitcoin has shown growth to values of $25,000. By April and possibly including the month of April, Bitcoin may gradually reach around $30,000.
Altcoins currently have good entry points for a mini alt season.
Stop profit trade at a 1:7 ratio.
I have selected coins that are interesting to buy in this mini alt season and that have potential for growth.
— The coin ICP is a buy point at $6.20
— The zone ICP for profit-taking is $14.30
The price is likely to decline furtherThe first important support of the ICP is considered in the range of $4.6-4.8, but due to possible selling pressure, and because the last ceiling and floor in the 4-hour timeframe have not yet been broken to the upside, the price is likely to decline further. On the support side, there is a support range of $4.4 to $4.3. Therefore, considering the good price movement in the daily timeframe, we expect a strong positive reaction from these two support levels. Also, using the Fibonacci correction tool, the support range of 50% of the correction wave has been placed on the first static support, so this support is more confirmed.
Internet Computer #ICP updateWhat is the Internet Computer and ICP?
The Internet Computer blockchain incorporates a radical rethink of blockchain design, powered by innovations in cryptography. It provides the first “World Computer” blockchain that can be used to build almost any online system or service, including demanding web social media, without need for traditional IT such as cloud computing services. As such it can enable full end-to-end decentralization.
Bottom of the ascending channelThe ICP support ranges are considered at $4.5 and $4.9, which can have a positive reaction. We expect the continuation of the upward trend from the desired support range. This week, if the bottom of the ascending channel is broken, the main wave could end, and a correction could begin.
ICPUSDT go to 8$Hello.
Now we can see how the price is shrinking, preparing for a shot. While bitcoin has grown well relative to fibonacci levels, the rest of the moments after a strong pump have not yet recovered. Therefore, looking at the ascending triangle pattern, I assume that soon we will see an explosion from ICP to at least 8 bucks, but if we fall below the triangle, we go for a correction.