ICP has been in the range since the summer 2022. Currently the price is at the lower boundary of the range.
BTC.D is at the resistance and the potential mini alt season may be around the corner.
Buy low, sell high.
Targets are shown on the chart.
Everything below 5 $ is a premium entry for a swing trade.
ICP broke the support that I implemented on my previous analysis due to the FUD about Banks and stuff, so it went down to the stronger minor support (4.40-4.60$).
The direction of the market is still uncertain. Therefore, I would like to show two possible scenario in here.
First, ICP can bounce back from this minor support. If it does, I strongly beleive that...
The price seems to have reached a support level with its sharp decline over the past two years
If the price maintains the level of 4 and 3.5 dollars, it can break the resistance of 7 dollars
Logarithm. Time frame 1 week. The main trend (all trading history).
Linear chart to illustrate the trend direction and reversal zones.
Coin in coinmarketcap: Internet Computer ICP
Same for comparison on a candlestick price chart.
ICO 2018 Token Price: 1 ICP = 4 USD
From maximum (liquid) pumping, the price is down -98.21%
Shown are the two potential...
ICP holders had a hard time after the FTX manipulation disaster, most of them are trapped in the 30-100$ range. A lot of people sold out of frustration. It will be a choppy road but if the right catalysts kick in this coin could go way past 150$ like MSTR (MicroStrategy) did back then to 400$.
Today we will review the cryptocurrency ICP. On the daily and weekly timeframe, an inverse technical analysis pattern head and shoulders is forming. After breaking the neckline, I expect an upward movement to the next resistance zone around $15. The net profit on the spot purchase will be about 110%. Buying after breaking the neckline.
This is not a financial...
According to the possible pattern of head and shoulders formed in ICP, of course it will be confirmed if the resistance of $10 is broken, the first target is $30.
Looks like ICP have a Golden Cross in daily chart which is the first golden cross that ICP had since they released in market. Let's hope that it is a good news to ICP.
I believe after a small correction, it will go up to 9.80$
This is my trial. Not a financial advice.
This is my trial. Not a financial advice.
ICP bounced off the ascending trendline and bounced off the support level . Bullish movement to resistance level at 7.8 is expected to happen.
The worst performing crypto since the top and my favorite Crypto project is about to pump hard. What will the narrative be? Who knows? but they do have bitcoin smart contract enabled which means no wrapped btc or bridges.
Please do your DD as this is not an investment advice
On the 1Hr TF i've identified a bearish continuation pattern that $ICP has formed beautifully.
It has already flown to the 50% mark and pulled back. Though I want to see more bullish engulfing patterns
as PA leaves the demand zone and heads for supply. In all, expecting PA to head towards the $5.89 mark
to then continue the trend and trade below $5.21. You can...
Hi dear friends, hope you are well and welcome to the new trade setup of Internet Computer ( ICP ) with US Dollar pair.
Our last successful trade of ICP was below:
Now on a 4-hr time frame, ICP has formed a bullish Shark move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop...
The Internet Computer (ICP) technical analysis:
Trade setup : Following a bullish breakout from Sideways Channel ($3.50-$5.00), indicating bullish trend reversal, price also broke above $6 resistance with big volume, resuming Uptrend and reached our target of $7.50 where it was met by profit taking selling from traders. Pullback near $5 support could be an...
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Everything on the chart.
Entry: market and lower
Targets: 7.5 - 9.5 - (~11.5)
after first target reached move ur stop to breakeven
Stop: under 3.5(depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 6
risk is justified
Good luck...
The Internet Computer (ICP) technical analysis:
Trade setup : Following a bullish breakout from Sideways Channel ($3.50-$5.00), indicating bullish trend reversal, price also broke above $6 resistance with big volume, resuming Uptrend and reached our target of $7.50 where it was met by profit taking selling from traders. Pullback near $6 support could be an...
