MY MINIMALIST ANALYSIS FOR INTERNET COMPUTER$ICP
RE-ADJUSTED CHART
11.05.21
2225H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT:
AN AREA OF OPPORTUNITY FOR AN ENTRY! ENTRY AT ORANGE PRICE PRICE MARK INDICATOR (RUST.)
Watch Volume Indicator and Price action at PRICE MARK.
Beyond parabolic price can double maximized target area of value.
INDICATED ARE ENTRIES, PARTIAL EXITS, EXITS, and MAXIMIZED AREAS OF VALUE
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
TARGET ZONES IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS
and if you wish to hold longer for a MAXIMUM TARGET EXIT AREA OF VALUE -CONSERVATIVE (If price action conditions are right.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market.
Watch out for your Volume, Chart Patterns, Candlestick Math, FIB COILS (ABC), Price Action, FIB LEVELS, Market Dynamics, and especially trading psychology.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors!
Note:
Master your Trading Discipline
, Trader's Psychology and Institutional Trading Psychology
ICPUSD
ICP – this breakout will double the price!Hello, everyone!
Let’s take a look at the Internet Computer (ICP). It has a huge post-listing price drop and now it looks like the accumulation. According to Fibonacci retracement analysis for the last impulse move to the upside we can conclude that the price is in the Buy Zone. If the daily candle close below 0.78 Fib ($40) the bullish scenario is cancelled.
If the price will break through to the upside from the current Buy Zone and Trendline Resistance the potential growth could be to the Fibonacci extension levels 1 and 1.61 ($98-$136). Another one evidence for the further growth is the Bullish Divergence with the Awesome Oscillator. This is the strongest signal in TA.
We can buy now with the short stop loss below $40 or waiting for breakout confirmation to execute the long trade.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
✴️ ICP (Update) - We may see a fallICP faced a lot of sell pressure and could not break the resistance zone of $47.36 - $49.0. Also, the uptrend is not broken yet. The probability is increasing that we may see a fall in ICP around $42.0 and quite below. Condition is the same for bullish continuation; the price must break and close above the resistance zone.
ICP - strong accumulation 😲🚀🌖The chart shows that ICP is locally and globally in accumulation. Also, a trend line has been formed on the chart and the price is moving towards it little by little. If the price breaks this trend line, it is very likely that there will be a strong impulsive rise to the upper boundary of the accumulation zone.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
ICP BULLISH CURVE IS NOW Bullish curve is happening and we expect 50% to 80% price increase, news look good, buying flow is increasing and ICP market has a well confidence level at this price.
Our option for #ICP is BUY IT.
Please do your research before any trade or any investment, make your own decision, be patient and look long term wisely.
- Please comment, like and follow if f this post helped you.
Thank you for your time.
Have a profitable day.
| Review and analysis by Samadi.Finance |
ICPUSDT Trading idea for investors. (work with complex%)A brief overview
channel work, compound percentage, retention levels, and volume.
It is worth noting that the squeaks down became more frequent. Which speaks of knocking coins out of weak hands.
On an illiquid exchange - anomalous volume.
(analog of a shiba inu coin)
Work in a descending triangle with level retention. Open positions on the breakdown of one of the borders.
There is an option to work by pyramiding and also in the second level (if the price goes down) to work from the $ 24.5 zone
BUY when they say scam, sell - when they say "cool project"
The work of a large player on a pair of ICP / BTC (accumulation channel) is visible
For those who do not know how to trade this pair, please do not enter, trade only in USDT as it is stablecoin (not volatile)
ICP ready?ICP has just broken out the falling wedge. Bullish price pattern. It may retest the support trendline, but I expect an acceleration upwards.BB is shrinking, suggesting high volatility ahead. It just previously completed the primary trend wave 1, wave 2 was completed with the touch of 0.618 fib retracement target: first target 78, second target 130, Final target 262. I will, however, sell most of it at 175, just in case, it is a wave C, considering the previous downtrend.