High probability short for ICP to $3. Trendline resistance from early 2022.
I am of the opinion on the continuation of the correction. I guess it is within a final z-length.
$ICP broke through the resistance level. Bullish movement to resistance level at 4.97$ is likely to happen.
During the last two weeks, ICP's price trend was in the low-range timeframes. After the last bearish wave took the price to the $3.5 support level, we could have expected a range trend with a positive reaction the next day, November 10. In the second encounter to the support of $3.5, a positive reaction has been observed again. But the resistance that prevents...
One is that we have broken the trendline and we will continue up two is that we have double topped on an order block and we are going to play that out if it starts to look that way i will update targets
What we can see on the chart is a symmetrical triangle pattern . Take a position only if/when the price breaks out of the triangle. If the price breaks down, enter short. If the price choose upside, enter long position. Targets as shown in the chart. P.S Don´t forget to setup stop loss :) Good luck
Bearish Idea ICP looks like copying the same price action as before it did in the box labeled 1. I believe it will rise to Retest the area around 4.5-4.6. If the price got rejected from that area than we could expect more fall till to 3.5-2-1.5. Bullish Idea FTX was one of the main reason why ICP fell so much but beacuse of the late events, maybe it could be a...
ICP looks like drawing "double buttom" formation. The project is really good but the coin continues to dissappoint people.I believe FTX is still manupilating the price. I hope it raises from its ashes. This is not a financial advice. It is just a guess.
I like ICP because this coin is more than 98% down from ath and it is technicaly buy without any doubts. Very nice PA here with green engulfing bullish daily candle...there should be some small pullback = my buy area = before it will go higher... i am aiming 25-40%. GL MANAGE YOUR RISK
What we can see in the chart is a head and shoulders pattern. If this pattern plays out , we will see 30 % drop $4,20 may be a good price to buy more ICP if we get it. Long-term we still expect $80 . Short-term $4,20 would NOT be anything surprising. Enter the short position only if/when the price breaks down the neckline of the head and shoulders pattern.
Trading Setup: There is a Trading Signal to Buy in ICPUSDT Internet Computer. Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 4.80 ⭕️SL @ 4.50 🔵TP1 @ 5.47 🔵TP2 @ 6.13 🔵TP3 @ 7.17 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our...
We should always consider the two scenario, Bullish and Bearish, for the market. I already shared my Bullish idea about ICP with the double buttom formation. Now, let's consider the bad scenario. ICP looks like copying the same pattern which it did on May-June 2022. If the price goes down from 4$ we could expect huge dump on the price until 1.40-1.50$....
rade setup: Bullish breakout from Falling Wedge pattern, which can be a reversal pattern (bullish) once price breaks out. Price could rally to $7-8 resistance area. (set a price alert). Patterns: Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Most traders should wait for a...
After 425 days of price drop and about 98% drop. Finally, the trend line was broken and this could be a good sign for #ICP
Almost all Alts look the same, Bitcoin consolidation will not stay forever, this setup will be valid if we get a Bitcoin breakout to the upside and this can only happen when FED starts to cut interest rates after CPI decreases.
Local trend (part of the secondary), clamping in the lower part of the channel (which was formed after the huge descending wedge broke down under the market dump). Logarithm graph. Timeframe 1 day. Coin in coinmarket : Internet Computer ICP Line chart. Main trend This is a wedge that was broken down after +40% growth and an unsuccessful retest...
Looks like ICP has found it's floor price around 4.59 Have a nice double bottom, which usually indicates selling pressure exhaustion. Running out of room and expecting a nice move soon. As always the safest entry would be a retest of a breakout. NFA and DYOR 🌞 They should come out with BTC integration testnet late November, which could be huge. That means they...
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this ICP/USDT trade setup. ICP looks bullish here. Breaks out from the falling wedge-like structure in the daily time frame, expecting a good 40-50% rally from here. Buy some here and add more in the dip. Entry range:- $5.2-$5.5 Target1:- $5.9 Target2:-...