ICP final OBThe ICP coin has reached its final OB (Order Block) in the current trend and is currently supported by two trend lines.
ICPUSDT trade ideas
ICP NEW UPDATEWith the passage of time, the correction structure is now better defined. After the triangle on the left, we have an ABC, which wave B is a diametric diamond.
We are expected to move from supply to demand
The continuation of the icp movement should be like this.
We have specified the targets on the chart.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ICPUSDT.1DBased on the provided market data for the ICP/USDT pair, the current price of ICP is 12.584 USDT. The Relative Strength Index (RSI) for 4 hours is 33.17, indicating a slightly bearish market as the value is below 50. The Moving Average Convergence Divergence (MACD) for 4 hours is -0.22, further confirming the bearish sentiment.
However, on a daily scale, the RSI is 48.92, which is near the neutral 50 mark, suggesting an equilibrium between buying and selling pressures. The MACD for 1 day is 0.307, indicating a bullish signal as it's above zero.
On a weekly scale, the RSI is quite high at 82.13, indicating an overbought market, which could mean a potential price correction in the near future. The MACD for 7 days is also high at 2.360, suggesting a strong bullish trend.
In terms of support and resistance levels, the immediate support on a 4-hour scale is at 12.273 USDT and resistance is at 14.218 USDT. On a daily scale, the support is at 11.846 USDT and resistance is at 14.890 USDT. On a weekly scale, the support is at 8.900 USDT while resistance is at 16.800 USDT.
In conclusion, while the short-term 4-hour indicators suggest a bearish trend, the daily indicators imply a balanced market, and the weekly indicators suggest a strong bullish trend. Therefore, it's essential to consider your investment horizon and risk tolerance before making any decisions. Always remember, all investments come with risks and it's crucial to do your own research.
ICP Long SetupICP was in bear channel from its supply zone. currently, it is breaking out from the channel from the important demand zone. long from there to the next supply zone.
so far, we get two important signal from market, one is breakout from the channel and second is it getting support from the demand zone if we get the third sign that is higher highs and lows this trade will get in our favour!
🔥 ICP Next Bull-Run's BEST Comeback Trade: Short Squeeze?With BTC reaching above 50k, ICP confirmed a weekly bull-flag and has now made a higher-low above the Summer-2022 highs, confirming a long-term trend shift.
In this analysis I want to talk about potentially the best trade that you can make in the coming bull-cycle. ICP could be making a massive comeback and go back to the ATH values of around 2500$.
Think about it, with the power of social media and influencers, helped by relentless shorting, ICP could be entering some kind of short-squeeze scenario where massive gains can be realized in a short period of time.
Be aware: this is a risky trade with a small chance of success. Still, the potential pay-off makes up for the potential loss.
Happy to hear your thoughts 🙏
IcpusdtBtcusdt seems like a good time to ham and cheese sandwich in the fridge in the morning and cheese sandwich in the fridge in the fridge in the fridge in the fridge in the house now I'll text him now I'll text him when I get back in
INTERNET COMPUTER - ICP - WITH EXTREME BULLISH SIGNALS!Facts:
Weekly Moving Average 50/200 getting crossed for the first time in ICP history.
ICP has the most active core developers in the last months.
Biggest R&D operation in crypto.
Most active DAO in history of crypto: NNS - nns.ic0.app
Almost 50% of supply locked. Half of that is locked for 8+ years.
Reaching 3 Billion Blocks produced: dashboard.internetcomputer.org
Exponential grow in users and Apps developed: internetcomputer.org
No more FUD about the launching. People already know that fraudulent actions from Sam Bankman-Fried through FTX caused the price crash.
CkBTC and ckETH, more to come! Integrations at native level with no need for bridges.
Also Facts:
Alien Tech. Everything Stack. Utopia Coming for enterprises.
AI, Gaming, Marketplaces, Social Media. Everything on the Chain.
ICP has it all, including a huge future! Top 3 Crypto.
ICP- My 22+ target should become in playAs you may recall from my previous posts, I hold a very bullish outlook on BINANCE:ICPUSDT and have elaborated on the reasons why. If the price manages to maintain itself above the $10 mark, the most probable scenario would involve a new upward movement towards the $20-22 resistance zone.
Indeed, ICP reversed just below the $10 mark and began to establish higher lows in the weeks following the correction. As I mentioned in a post two days ago, CRYPTOCAP:TOTAL3 successfully broke (as anticipated) above $500B, providing confirmation for a new upward movement in altcoins.
Technically speaking, in the case of ICP, we observe a clear support level at $10 and a sequence of three higher lows. Additionally, the price action in 2024 resembles that of a symmetrical triangle, a pattern that typically indicates an upward continuation.
A break above the $13 zone would confirm the bullish scenario, with the target being the $20+ resistance zone. However, negation of this bullish outlook would occur with a break below the $11 zone. From a risk-to-reward perspective, such a trade could potentially offer more than a 1:4 risk-to-reward ratio.
I think ICP is ready for the next rallyICP tested the ascending resistance quite a lot and managed to stay inside the triangle. It will go up to 14 and if it can break it this time we could see a nice rise.
ScalpA great scalp position, given that we are in a strong uptrend and corrective wave analysis we can expect to return to the green zone.
ICP targets $24-$30After breaking the falling trend line, it made a rapid upward move. It may be difficult to break the $9 level due to horizontal resistance. After breaking this resistance , it will quickly move to the $24-$30 band.
$ICP LongCRYPTOCAP:ICP long could potentially pay off if we confirm this move from the illustrated box, kindly go through the entire video and mark up your levels and pay attention before you take any trade.
DYOR
ICP usd very clean chart , formed an ascending channel and now it looks like it will break the support and dip , scalping here around the 12.67 with tight stop loss is recommended
ICP LONG ANALYZE 4HGreetings, dear traders
In the icp currency, the price has broken the 12-hour downtrend line and left a suitable area for buying that I specified in the chart.
This level is worth buying, provided that it does not consume the liquid price above the formed pivot and can reach the desired level in the first stage.
Determine the appropriate entry point and limit with your own style.
be profitable
ICP - can 1093% this year! Buy now.ICP looks really strong; the uptrend just started, and I am expecting another 1093% pump in the immediate short term. We can see that the price is moving in this ascending bullish parallel channel, and we have a lot of space for growth. From the Elliott Wave perspective, wave 1 ahs been completed, and wave 3 is usually the strongest wave. You do not want to miss this uptrend. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
The ICP token has three main utilities. Firstly, ICP provides a source of “cycles” that are burned to power computation (thus when ICP is converted to cycles, it disappears, creating deflationary pressure). Secondly, ICP can be staked in the permissionless Network Nervous System DAO that governs the Internet Computer blockchain, creating voting neurons that generate voting rewards. Thirdly, ICP plays the role of a store of value, for example allowing users to invest in decentralization sales run by web3 services.
📈 ICP Parabolic Pump ! Internet Computer (ICP) is currently exhibiting a parabolic movement, and the price action is approaching a crucial resistance zone at $14. This key level holds significance, and a successful breach could trigger a rapid and steep upward movement, potentially reaching $20. This analysis explores the parabolic structure and the implications of breaking through the key resistance zone.
🔄 Parabolic Trajectory:
ICP's price movement is characterized by a parabolic trajectory, indicating an accelerated and steep incline in its value. Parabolic moves often suggest strong buying momentum and can lead to rapid price increases.
🎯 Key Resistance Zone at $14:
The identified resistance zone at $14 is a critical level that has historical significance. Breaking through this zone is anticipated to be a decisive move that could trigger substantial buying interest and propel the price higher.
🚀 Potential Rapid Upside Move:
The expectation is that if ICP successfully breaks through the $14 resistance zone, it could lead to a rapid and steep upside move. Parabolic structures are known for their potential to generate quick and substantial price increases, driven by increased demand and momentum.
🔍 Technical Significance of $14:
The $14 level serves as a technical milestone, as it represents a significant hurdle that ICP has struggled to overcome in the past. A successful breach would not only signal strength but also attract attention from traders and investors looking for confirmation of a bullish trend.
💡 Trading Strategy:
Traders should closely monitor the price action around the $14 level. A decisive break above this resistance zone may present an opportunity for bullish positions, with a target set at $20. However, caution is advised, and risk management strategies, including the use of stop-loss orders, should be implemented to navigate potential market volatility.
🔮 Future Outlook:
The technical analysis suggests that ICP's parabolic movement could lead to a significant breakout if the key resistance zone at $14 is breached. Traders should remain vigilant for potential entry points and be prepared for rapid price movements. The cryptocurrency market's dynamic nature underscores the importance of adaptability and risk management in trading decisions.
Icp short/longIf ICP could get back into channel it could go until top of the channel,otherwise it would drop until 12 then 11.8 and lower.
ICPUSDTmy entry on this trade idea is taken from a point of interest above an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
Are we expecting a 100% growth in ICP?Hello everyone!
Based on #ICP, I see the following targets - indicated on the chart, entry is possible after breaking the $15 mark.
This is not financial advice, everything you do is at your own risk.
ICP SMC Long SetupICP has demonstrated a noteworthy surge in buying activity, surpassing its previous high and exhibiting a noticeable Break Of Structure (BOS). Presently, ICP is navigating within a bullish chart pattern, suggesting potential for a breakout upon reaching the extreme Overbought zone, which is further supported by an IDM.
ICPUSDT.PICPUSDT.P is in bearish trend.
Poterntially printing LH and LL.
Sellers are strongly active.
No sign of reversal here.
