ICP is breaking ascending triangle on daily time frame ! were retesting this moment in case of confirmation on this retest we can expect massive rally for ICP!
Hi.
BINANCE:ICPUSDT
Today, I want to analyze ALPHA for you in a 3D time frame so that we can have a mid-term view of ALPHA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
Bullish pennant is on the table on 3D timeframe🔍
Looking for a break out and more upside📈
✅ Due to the...
Weekly: long term analysis
BINANCE:ICPUSDT defined an All Time Low (ATL) at the 3$ level.
After that low, ICP witnessed a very strong momentum upward with incredible volumes. It is now consolidating for several weeks at the current price level. Let's analyze it in a lower time frame to plan an entry.
Daily: short term analysis
Since the ATL, ICP had a...
BINANCE:ICPUSDT looks clean here, really tight on the 4h chart.
I like it for a quick swing as we keep beating up against this resistance level. it has failed here often though so be careful.
Entry:$13.16
SL: below EMA supports
#ICP
We have been in a descending triangle since the beginning of the month on a 4 H frame
After the previous rise, it is expected to continue rising
We have upward momentum and support from a good area
Current price 9.15
First goal 9.61
The second goal is 10.50
The third goal is 11.55
The ICP coin broke the weekly resistance with a powerful candle. Also, considering the flag chart pattern, the RSI reaching the overbought zone, and the lack of significant resistance, it is likely to reach the 38 range. Keep in mind that this is just my idea, and be sure to use capital management and your own judgment when opening all of your positions
It appears ICP is ready to soar. I may be mistaken but if BTC goes all time high, surely most crypto will follow. From the looks of it ICP has a bullish flag set up. But only time will tell.
Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Buy zone: 8.5 - 6.5
Targets: 25 - 50 - 90
Cancellation of setup - consolidation under ~3.5
RR: 1 to ~22
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next...
ICP has been on a tear since breaking out of its weekly accumulation box. The price has surged over 50% in just a few days and is now approaching its next major resistance level at $13.61.
A bullish engulfing candle on the weekly chart suggests that the bulls are in control and that the price is likely to continue its upward trend. If the price can break above...
Everything indicates to a change from a long bear/winter market to a market change as the 21 EMA crossed 2 weeks ago the 100 EMA and now we just witnessed the very first time that the 21EMA has crossed the 200 EMA !
This is a very bullish sign, and I foresee in 3-4 steps the next targets as indicated in the top at the levels of 15 / 27 / 40 / 85 USD respectively,...
Structurally, both of the circled highs are weak highs. Add the reverse 123 setup and Wyckoff for extra confluence - whether it's a re-accumulation or distribution doesn't matter, the next step is UT either way. Target the VAL and BC high for TP 1 and 2
If ICP can hold the previous monthly close, i think it can break the bearish quarter orderblock.
Monthly bullish breaker, quarter bullish breaker, algotargets are confluent.
NFA
I sincerely believe pattern recognition is the key to accurate forecasts as past performances can indicate future outcomes and this is crosslinked to different coins or even markets..
I believe that ICP has a similar potential and set up as Matic (Polygon) from March 12 till April 25 in 2021.
This could mean that ICP is up to a serious bullrun of perhaps 5x / 6x...
ICP token has broke channel and move upwards and making a bullish flag.
I will be looking for breakout in any direction for my next move
most probably based on BTC movement it may break bullish flag and move upward trajectory.
