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ICPUSDT trade ideas

ICP- Good buying opportunityAs you know from my previous 3-4 posts on BINANCE:ICPUSDT , I am very bullish on this project and expected the price to reach $20. Indeed, this has happened, followed by a strong 50% correction after reaching my target. Now, the price is trading at $12 and is near a strong support level, both technically and psychologically, around $10. In my opinion, these prices offer a good buying opportunity and in the event of a reversal and a retest of the $20 zone, a 100% gain could be achieved.
Long
by Mihai_Iacob
1
ICP Bullish Compression ! Internet Computer (ICP) has been trading within a bullish ascending accumulation pattern for an extended period, and the recent price action suggests a potential breakout towards $16.00. This article delves into the technical analysis of ICP and explores the project's fundamentals, highlighting its promising outlook. Ascending Accumulation Pattern and Compression: ICP's price action has been forming a well-defined ascending accumulation pattern over the past few months. This pattern is characterized by higher lows and a gradual increase in price, indicating that buyers are accumulating ICP at increasing prices. The recent compression within the pattern suggests that a significant breakout is imminent. Anticipated Breakout and Target: Based on the accumulation pattern and compression, I anticipate a breakout above the $12.00 resistance level, potentially reaching towards $16.00 in the initial phase. This breakout could mark the beginning of a sustained upward trend for ICP. Internet Computer: A Revolutionary Blockchain Platform: Internet Computer (ICP) is a groundbreaking blockchain protocol that aims to bring the internet onto the blockchain, enabling the creation of truly decentralized applications (dApps) and services. ICP's unique architecture and capabilities address several limitations of existing blockchain platforms, making it a promising project with significant potential. Key Features of Internet Computer: Scalability: ICP's sharding technology allows for massive scalability, enabling it to handle millions of users and transactions without compromising performance. Developer-Friendly: ICP provides a user-friendly development environment, making it easier for developers to build dApps and services on the blockchain. Decentralized Governance: ICP is governed by its community of token holders, ensuring a transparent and democratic decision-making process. Why ICP Has a Promising Future: ICP's revolutionary architecture, scalability, developer-friendliness, and decentralized governance make it a strong contender to revolutionize the blockchain landscape. With its potential to power the next generation of dApps and services, ICP has the potential to experience significant growth and adoption in the years to come.
Long
by Yaroslav_Krasko
$ICP about to break out of a reaccumulation rangeBINANCE:ICPUSDT has been ranging for more than 5 months printing an almost perfect Wyckoff Reaccumulation schematic. Every phase was executed perfectly. The initial high volume price movement that has marks the preliminary supply zone as the price couldn't hold due to sell pressure. The buying climax phase where there is a lot of supply to scoop but not enough demand to meet it thus eventually driving the price further down for all this supply to be automatically bought (AR). A successful secondary test (ST) should show less selling than previously in the Buying Climax stage; we should notice narrowing spreads and lower trading volumes to confirm, which we have on the chart. We saw the price pulling an upthrust as price moved above resistance then quickly went back down (bull trap / opposite of a spring) into the trading range. We then tested the new demand after breaking the resistance with a UTAD (upthrust after distribution) move which resulted in a creek that was triggered by a large supply block. We did not really see a definitive spring as the "spring" did not break support. If it did, the following Test would have been a success as it did not break support and it traded with low volume. What I now expect to happen is for the price to find one last support level from where it'd move up and face the supply block that triggered the creek. Breaking through this supply (LPSY - last point of supply) is the sign of strength we want to see for CRYPTOCAP:ICP to throw fireworks.
Long
by xcitedDelirium
$$ ICPUSDT,never miss this trade Welcome, Trader. Welcome to our crypto community! 🚀We are delighted to welcome you, whether you are an experienced trader or new to cryptocurrency. We are willing to discuss #ICPUSDT💹. #ICPUSDT 🔥🚀 ___________ Update: Time frame: 10 hours. ➡️ ICPUSDT formed a bullish peanut patter. ➡️ Breakout confirmation is completed successfully 🚀. ➡️ Retest confirmation is done. ➡️ We expect around 60% in the short period of time. 👉✅.
Long
by CryptoAnalystHub
2
ICP ANALYSIS🚀#ICP Analysis :  What Next ??💲💲 ✅As we can see that there was a formation of Descending Triangle Pattern in #ICP and given a breakout. A perfect retesting would indicate a bullish move 📈 🔰Current Price:  $12.895 🎯 Target Price:    $19.768 ⚡️What to do ? 👀Keep an eye on #ICP price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️ #ICP  #Cryptocurrency #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts
ICP: MONDAY FAKEOUT AND BULLISH PUMP ! Internet Computer (ICP) has once again demonstrated its resilience by bouncing off a critical support level at $11. This price action suggests that ICP may be poised for a rebound and a potential continuation of its upward trajectory. Key Support Level and Reaction: ICP has consistently shown strong support at the $11 level, bouncing back from this zone on several occasions. This repeated reaction highlights the significance of this support level and the potential for ICP to find footing there. Anticipated Price Movement: While ICP has bounced off the $11 support, I anticipate a further downward move to retest the psychological round number of $10. This retest is a common occurrence in the market, as traders often pay attention to round numbers. Bullish Continuation Setup: The potential retest of $10, followed by a reversal, could set the stage for a significant bullish continuation. This price action would create a classic "bullish flag" pattern, indicating potential upside momentum. Abundant Liquidity Above Trendline: A crucial factor supporting the bullish outlook is the presence of significant liquidity above the downward trendline. This liquidity pool could act as fuel for a strong upward move once ICP breaks through the trendline. Conclusion: ICP's recent price action at the $11 support level suggests a potential rebound and continuation of its upward trend. The anticipated retest of $10, followed by a bullish flag pattern formation, could pave the way for a substantial price surge. The abundant liquidity above the trendline further strengthens the bullish case.
Long
by Yaroslav_Krasko
📈🔍 ICP Long Trade Analysis 🔄💼Trade Overview: ICP presents an opportunity for a long trade, with an entry point around $12.00. Given the recent market volatility, it's crucial to manage risk tightly. Trade Setup: Entry: Consider entering the trade around $12.00. Take Profit: Target profit levels at $13.75 - $15.00 and the next resistance area at $16.50 - $18.00. Stop Loss: Place the stop loss just below $11.70 to mitigate risk effectively. 📊🛡️ Exercise caution and closely monitor ICP's price action for trade management! #ICPTrading #CryptoAnalysis 📉🚀
Long
by Richtv_official