ICP shows on the 1D graph bearish signals and looks like it’s going to start it’s second correction phase. There is a high change that the second correction phase looks exactly like the first phase. If that plays out, ICP can decrease approx. with -55% before an upward movement.
ICP did not put in a 4th leg since my last analysis and instead, the short opportunity presented itself after the third push on schedule. Should we short here?
Previous Analysis:
How do we trade this? 🤔
Shorting at the bottom of this bull trend is not ideal. Our short opportunity was at $18 per my last analysis. Now that we're at bull channel support, we...
Hi all. Timeframe 1 week. After a long fall, ICPUSDT has formed a descending channel and is located at its resistance. I’m considering recruiting to the spot now with a pick-up from the green zone (unlikely). Also long during a breakdown/retest of resistance. In principle, you can already look for an entry on a lower timeframe. Marked goals and levels on the chart.
ICP has been a good day to day trade trip lately, keep an eye on the trend and on overall market. If it goes up, it will break the trend upward. Otherwise it's a sell
- ICP Update -
ICP is one amazing blockchain, within its ecosystem, it can handle gaming, social, web3, Ai etc
DYOR!!! There's just too much about ICP which you can read up on their webpage.
I am personally buying this coin within BUY area, Holding to target areas and potentially SWING TARGET.
My SWING TARGET for ICP for near future is +$150 - $250, this coin...
On the daily chart for Internet Computer (ICP/USDT), the price action is showing signs of a potential trend reversal. After a period of decline, indicated by the descending trendline, there's a notable bullish candle that has broken through this trendline, which might suggest the beginning of an upward movement.
The price is currently at $15.566, with the next...
ICP project was announced with great fanfare and promised great features. However, ICP's price was in a long downtrend until recently when price broke the downtrend line and made a higher high and a higher low. It's too soon to surmise the major trend reversal has happened since at least another higher high and higher low is needed. Let's see what happens.
#ICP/USDT is testing the Diagonal Trendline in 1-Hour TF!
Keep an eye on $ICP. Wait for BO and retest to open a long position. The strong support level is $10.58. The first local resistance level is $13.75 and the major resistance level is PWH $18.135 for #ICPUSDT.
💎 Paradisers, the recent market dynamics surrounding #ICP have indeed been noteworthy.
💎 Previously, when ICP hit the support, it bounced back, and now it appears that the price will retest the support area. However, if ICP fails to bounce, the next likely stop is the Bullish OB area.
💎 A potential scenario could see a strong bounce if ICP reaches the Bullish OB...
ICP looks ready for a new bullish wave. bullish divergence on 12H TF playing out and recover the daily support (orange line) is the key to keep momentum higher.
Increase in volume (which is paramount to have a decent size move to any direction) and major Support/Resistance level (orange line) touched on daily time frame (demand zone).
Retest yellow box to enter...
