ICPUSDT
ICPUSDT, We are accessing to trendlineGood Night everybody
According to the chart and last analysis as you can see the price is moving in downward trend and in last analysis our 2nd target reached and then the price continue their downward trend and now the price need to recover the last wave and until the price is not break up and consolidate above of key point level the trend is downward and we expect the price can go up and reach to the trendline resistance zone and can drop from there to the target .
We will update the target as soon as possible and after impact to the trendline.
Dont forget use stop loss and observe capital management.
Previous analysis :
If you have any question and any help, you can send us messages
Good Luck
Abtin
ICP clean fib mappingAnother lovely opportunity to make a nice fibonnaci mapping on ICP from its low bounce.
The main ones I would be 0.382, 0.5, 0.618
Sometimes 0.786 feels like you are sitting a bit too close to the sun so to speak, especially as this move was off a bounce, and not mid up trend. If you were to buy at the 0.786 level, then Id be subsequently selling either at the top or the 0.88 level (lower high) level.
ICP/USDT Main trend. "Double bottom" with a flat top. VolumeThe main trend of this cryptocurrency. A squeeze zone along the trend. Again a large volume of the buyer came in the accumulation zone. Local momentum. Pullback. Zones of levels to work showed on the chart. Have your trading strategy and follow risk management in your trading.
Coinmarket: Internet Computer ICP
ICP/USDT DAILY TF UPDATE
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Welcome to this ICP/USDT TRADE setup. ICP looks great here.
Breaking out from the falling wedge in the daily time frame. It also breaks 21ma.
Also, making a big bullish divergence in the daily time frame. Buy some now and add more in dips.
Entry range:- $16.4-$17.4
Target1:- $20.2
Target2:- $23.6
Target3:- $27.4
Target4:- $30.2
SL:- $15
Use low leverage (2x-4x)
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
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#ICPUSDT Breaking out, Worth a shot?Welcome to this quick trade setup.
ICP broke out of the orange falling wedge channel inside the larger channel.
If we zoom out you can see a bounce on the support trendline VOLUME IS LOOKING GOOD too.
Many indicators point towards reversal signs.
The strategy is to accumulate at lower levels by buying at every dip.
ENTRY: $15.47 to $17.54
Targets:-
$21.88
$29.83
$34.52
$40.12
$55.32
$81.33
$121.30
Stop Loss:- $14.77
Do your own research before investing, I am not a financial advisor.
Keep in mind this is a long-term
view and it can change as per market conditions.
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#PEACE
ICP/USDT BREAKS OUT! 80% PROFIT EXPECTED!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ICP/USDT TRADE setup. ICP looks great here.
Breaking out from the falling wedge in the daily time frame. It also breaks 21ma.
Also, making a big bullish divergence in the daily time frame. Buy some now and add more in dips.
Entry range:- $16.4-$17.4
Target1:- $20.2
Target2:- $23.6
Target3:- $27.4
Target4:- $30.2
SL:- $15
Use low leverage (2x-4x)
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Internet computer #ICP : Longing plan ICP is trading inside a Huge falling wedge and we have a smaller falling wedge inside the bigger wedge. Currently, The price is getting squeezed and if Smaller wedge resistance break upwards, We may see the price get gravitated towards the larger wedge resistance.
ICPUSDT Analysis (Perspective a couple of months)Hello friends.
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Everything on the chart.(update)
Entry: market and lower
Target: 27 - 37 - 47
Stop: ~13.5 (depending of ur risk). ALWAYS follow ur RM .
after first target reached move ur stop to breakeven
Risk/Reward: 1 to 5.5
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
Falling wedge patternAs I always harp on about, you should have a very distinct idea of where your stop loss will be placed when you trade any position, and wedges are no exception.
One of the most common areas to place your stop loss when trading wedge patterns is just above or below the retracement immediately prior to the breakout. This is the point at which the market has proven your setup invalid.
The below image illustrates a common area where traders tend to place their stops.