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ICPUSDT

ICP/USD 12H Targets — January 8th, 2023Looking at the 12-hour chart of Internet Computer, this is an extension of my previous chart as there has been no volatility during the holidays and the markets haven’t really moved. We can see ICP is still in its manipulation zone and gearing to breakout to $4.60 and beyond. This move will play out to TP1, TP2 & TP3 marked: 🎯 $4.60 🎯 $4.99 🎯 $5.59 Internet Computer trade is invalidated with a candle close below $3.95 as we would look to reposition this play. As always please do your own research, I am not a financial advisor.
Long
by kyer
1
ICP inverted H&S*log scale Internet Computer is approaching the major downtrendline which dominated for almost a year. Price forming Inverted Head and Shoulders 🤷 so it looks like price may be bottoming but still too early to say! IF price breaks the Neckline @ 9.8 and the major downtrendline then I think there is chance for run to 14.9 and even higher. Check how the iH&S target coincides with important market structure (yellow). ENTRY : Neckline break @ 9.8 STOPLOSS (SL) : Left Shoulder @ 6.75 TARGET (TP) : Inverted H&S target projection @ 14.9 (view reg scale to do the projection Head-Neckline = Neckline-Target) REWARD RISK RATIO (RRR) : 1.5 INVALIDATION : when SL level hit (Left Shoulder @ 6.75) Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
11
ICPUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for ICPUSDT Here we have R3, R2, and R1 as the resistance areas and they all express the price was not able to rise at different points. And at the bottom of the chart, S1 is our support area that includes the well support of price. At the present, we have the price fluctuating below R1 and we expect it to have a decline toward S1 and reach some lower amounts. Then by providing some confirmation candles to rise, a rising trend would be there for it to reach higher amounts such as R2. If the price falls below S1, more decline is waiting for it. The point is to wait for some confirmation candles in order to make sure what will happen next and act precisely. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
2
Falling wedgeThe price of ICP Internet Computer appears to be locked in a falling wedge on the weekly time frame, which means that the price is in a downward spiral that is tightening to the downside putting more pressure on the market and eventually a breakout will follow. On the RSI a slight positive divergence and the MACD which has been up for some time but is still below the 0 line. Grab the daily time frame and here I grab the latest downtrend within the formation above which falls nicely into a downtrend channel . The EW also fits nicely into this and these readings are also respected, though I did add an alternative wave 5. Then attention to the Broadening wedge , which in the EW is sometimes called an Expanding triangle. As it looks now, the MACD seems to bend upwards and thus we create positive divergence which somewhere then fits nicely into the story of the weekly timeframe in addition to that when crossing the 0 line this can be seen as a trend change. Should the current support of the Broadening wedge break down, I expect that we can go down towards $2.50.
COINBASE:ICPUSD
by Tims.Technische.Analyse.
Expanding Triangle / Broadening wedgeThe price of ICP Internet Computer appears to be locked in a falling wedge on the weekly time frame, which means that the price is in a downward spiral that is tightening to the downside putting more pressure on the market and eventually a breakout will follow. On the RSI a slight positive divergence and the MACD which has been up for some time but is still below the 0 line. on the daily time frame and here im taking the latest downtrend within the formation above which falls nicely into a downtrend channel. The EW also fits nicely into this and these readings are also respected, though I did add an alternative wave 5. Then attention to the Broadening wedge, which in the EW is sometimes called an Expanding triangle. As it looks now, the MACD seems to bend upwards and thus we create positive divergence which somewhere then fits nicely into the story of the weekly timeframe in addition to that when crossing the 0 line this can be seen as a trend change. Should the current support of the Broadening wedge break down, I expect that we can go down towards $2.50.
COINBASE:ICPUSD
by Tims.Technische.Analyse.
1