Hello, do not be tired Everything is clear on the chart One of the scenarios that is much more likely to happen than other scenarios
ICP can give %40 profit soon from this price level
ICP 1H support is at ~$31.8 Enter 50% here and try to set some buy orders near the support zone If ICP holds above the trendline, the Take-Profit target would be $35, $38, and $44 Cheers
ICP 6H support is at ~$26 Enter 50% here and try to set some buy orders near the support zone If ICP holds above the trendline, the Take-Profit target would be $35, $38, and $44 Cheers
ICP 1H support is at ~$41.8 Enter 50% here and try to set some buy orders near the support zone If ICP holds above the trendline, the Take-Profit target would be $45, $49, and $55 Cheers
ICP 12H support is at ~$47 Enter 50% here and try to set some buy orders near the support zone If ICP holds above the trendline, the Take-Profit target would be $51.7, $54.1 and $58 Cheers
The chart shows that good support has been provided, and good growth can be expected, but keep in mind that losing this support makes it difficult and can not grow well in the short term.
#ICPUSDT seems to be bouncing from support here, and the only concern is for bitcoin to collapse, dragging the market down with it. If it doesn't then this trade should be a good one!
Pushed this video just to add some remarks on the original chart idea
Dfinity just broke resistance range. Volumes also look good for possible uptrend. This coin got destroyed last months but it is now looking good for possible 330 levels (50% of whole correction from ATH) Marketcap: $12B (#17) Open interest: $6.97M Funding Rates: Flat
ICP 2H support is at ~$67 Also try to set some buy orders near the support zone If ICP holds above the trendline, the Take-Profit target would be $73, $79 and $86
This chart really reminds me a lot of the situation at FIL in Feb 2021 ... ICP showsnice #cupandhandle pattern after (relative) long accumulation! Moreover look at this beautifully increasing bullish volume!!! This coin can melt our faces... Small leverage allowed but be careful and use stop loss!!! :-))
ICP is looking here good for possible entry with clear stop under the recent local low. Worth to explore long setup here. Like many other alts this is an illiquid market and heavy dependent on what happen to Bitcoin and rest of altcoin market. This can quickly go to zero so be careful with risk allocation. ICP is highly speculative. I also outline few...
buy 31.2 sell 70 ps. safe to buy spot here in this gz, but no leverage trades unless we get down to the algo target right beneath.
wave 3 target = $124 missed the gz trade, but will be looking for a clean entry on the next pb ~ stay tuned! talked about it recently via:
two possible scenarios from here, buy indications are starting to flash though, so a decision needs to be made today - we hit the .50 recently for what looked like an a-b-c into the 2. normally i'd love for an asset to get down into the golden zone for a wave 3 swing, so i am a bit weary getting in right now. would love to hear anyone else's thoughts \ opinions...