ICP Long oppICP Tehcnical analysis basically on elliott waves Principles and Priceaction Strategy
ICP Can be 29$ and then 80$
Wait and watch
ICPUSDT.PS trade ideas
ICP / USDT 4H LONG IDEAICP / USDT 4H LONG IDEA
double bottom confirmed after break the 6.4 resistant zone and monthly pivot
now retest is going on and after a rejection on 1h with good momentum , it can continue his bull run
not financial advice
ICP Simple short setup failing to break resistanceSimple short setup on ICP. It has been in a long downtrend for a considerably amount of time as it is a poor fundamental crypto. Combined with market conditions, the recent increase in price action is unsual, leading me to believe it is weak and will fall easily on the next BTC down day.
Setup presented as this looks to be reaching resistance, which was previous support. Entered short, will hold for a long time as this could be going way below 6 with prolonged bad market conditions.
ICP/USDTThis has been beaten down so much and due to that I expect a rally to start and continue throughout Q1 2022
TP1 is the top of the trendline at 38$
TP2 is at 80$
TP3 is at 250$
A tight stop loss below the wedge at 20$
ICPUSDT major daily support and pumpAs we said before price now is receiving a major daily support zone and we can expect a heavy pump here to the targets mentioned on the chart.
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ICP Update bearish $4 - $5 incomingUpdate from previous chart (linked below)
ICP's recent breakout was not a long signal because it did not close above the $13 mark which is required for a trend change.
The reason for the rise in price over the last week was due to the Web3.0 convention that takes place annually and these Web 3.0 coins usually see a quick pump and dump that happens. You can literally track to the exact minute before the convention started to how the price rose, and then as soon as it died down, the price dumped.
Don't get fooled.
My bearish stance still stands on ICP
I am expect the next fib level of 2, at $4.86 to be hit, where it will see a little bit of buying pressure and price will increase. If it doesn't increase, then easily $2-3 is next.
Previous idea:
ICP still not ready - but looking better?As provided in my previous chart, a bounce off the $5 line was good, however it was a very weak push up, I was expecting a lot more orders.
From the looks of it on the WEEKLY chart, it is closing an indecisive weekly candle, which indicates a possible trend change from bearish to bullish - meaning we can see the price rising in a couple of weeks.
I think in the long term, there is a possibility of going back to Fib level 1 - $15 - VERY OPTIMISTIC - NOT LIKELY AT ALL. But it will be a very slow climb, and this coin still can go even lower.
For a mini rally we want to see a second bounce off the red line as highlighted in yellow. Otherwise, fail down to $2.5 - MORE LIKELY.
Two Targets For The Internet Computer (128% Followed by 295%)The Internet Computer has gone bullish vs Tether (ICPUSDT).
We have a broken downtrend;
A bottom being formed;
Volume breakout;
Strong RSI.
This all points to higher prices.
We are mapping for your two targets on the chart.
128% followed by 295%.
Thank you for reading.
Namaste.
Internet Computer Chart Analysis Multiple TF (Plan Ahead)This is the daily chart for ICPUSDT (Internet Computer)...
It goes straight to the point, the signals:
1) Higher low;
2) Strong RSI;
3) Bullish breakout...
Now let's look at the weekly timeframe which is the one I wanted to show you.
We will use the TD Sequential with candlestick reading.
These two do good together since the Japenese used to count the candles as well.
ICPUSDT Weekly Timeframe (main chart)
We have a very strong downtrend/bear market, going on on the left side of the chart.
After March downward momentum builds up.
We end up with a Doji 13-June.
This Doji at the bottom of a trend is a perfect textbook reversal signal.
This is supported by the -9 candle right before it, signaling that the move is already going for too long.
We are likely to see a trend reversal.
For trades, strongly bullish above $4.60.
Secure profits on the way up...
It will get confusing after 2 weeks but this is only a relief rally which will be followed by red; planning is necessary for success.
Namaste.
ICP/USD Main trend Falling wedge. Breakout of a local trendThe main trend is a falling wedge. Breakout of a local trend.
Coin in the coin market: Internet Computer ICP
Local work in the breakthrough zone.
ICP/USD Medium-term work
Possible Adam and Eve pattern in progress?Possible reversal in progress. By the looks of it 6 is the resistance and 5 is the support.
50% minimum growth from this area50% minimum growth from this area
50% minimum growth from this area
50% minimum growth from this area
$ICP Broke out and retested
Looks good to continue to $ 7 ish with a burst then consolidate for range high .
levels on chart , hopped on
1st Strategy test short on 15 m timeframeStop-loss is always above support or resistance level and take profit is dynamic
