ICPUSDT.P trade ideas
Identical pattern in ICP vs POLYGONI 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 initially.
Polygon, Matic named at the time was an underdog as well, but outperformed a lot of competition back then and has become a top 10, now top 20 coin..
Similar to ICP which has an equal potential in the use case scenario world, even more I would say.
I expect a lot of volatility similar when ICP dropped after ICO, but then .. UP.
Internet Computer $13.00 ➥ $23.00The cryptocurrency Internet Computer (ICP/USDT) is forming an interesting entry point for buying upon a price breakout of $13.325 on the Bybit exchange on the 12-hour timeframe.
The stop is set below $12.659.
The nearest target area is $23. The long-term target could reach $99, according to orders on Coinbase.
ICP is moving upwards for stop huntBINANCE:ICPUSDT , experienced a strong downward trend from 2021 to the end of 2023, has continued its upward movement since 2024.
The price, which rose from $3 to $13 in the first months of 2024, is expected to surpass $23 in the coming days, hunting short positions in that level.
Upon reaching this level, it could be expected to rise up to $28.
Icp can plan short If you see price breakes trendline and retest also but not give instantaneous move up side . It
is Range bound . Below two green line you can plan short move up to level that provide . In last post.
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Just learn market. Don't To much greedy for entry. Wait for proper entry with small stop loss
Icp my view is DownsideAs we can see it can give fake Breakout downside and trap sellers . NOW he give opportunity to buyer to buy fro long time . If come below trendline and form any confirmation pattern or candlestick pattern . Then you can plan for downside . I KONOW MARKET IS BULLISH. **IF Only trade of price showwconfirmation below** .
icpusdthello everyone let me tell you one thing first icp is in very downtrend and now i am not gonna say this we are bulish in icp i am talking about pull back when icp will pump for pull back every one will see for all time high and then buy on high price today is the best day icp is in dip so 15 percent i will take risk because if pull back happen there is a huge reward as well so i am in now in icp with levrage right now best of luck if you enter today
ICP NEW UPDATEWith the passage of time, the correction structure is now better defined. After the triangle on the left, we have an ABC, which wave B is a diametric diamond.
We are expected to move from supply to demand
The continuation of the icp movement should be like this.
We have specified the targets on the chart.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ICPUSDT.1DBased on the provided market data for the ICP/USDT pair, the current price of ICP is 12.584 USDT. The Relative Strength Index (RSI) for 4 hours is 33.17, indicating a slightly bearish market as the value is below 50. The Moving Average Convergence Divergence (MACD) for 4 hours is -0.22, further confirming the bearish sentiment.
However, on a daily scale, the RSI is 48.92, which is near the neutral 50 mark, suggesting an equilibrium between buying and selling pressures. The MACD for 1 day is 0.307, indicating a bullish signal as it's above zero.
On a weekly scale, the RSI is quite high at 82.13, indicating an overbought market, which could mean a potential price correction in the near future. The MACD for 7 days is also high at 2.360, suggesting a strong bullish trend.
In terms of support and resistance levels, the immediate support on a 4-hour scale is at 12.273 USDT and resistance is at 14.218 USDT. On a daily scale, the support is at 11.846 USDT and resistance is at 14.890 USDT. On a weekly scale, the support is at 8.900 USDT while resistance is at 16.800 USDT.
In conclusion, while the short-term 4-hour indicators suggest a bearish trend, the daily indicators imply a balanced market, and the weekly indicators suggest a strong bullish trend. Therefore, it's essential to consider your investment horizon and risk tolerance before making any decisions. Always remember, all investments come with risks and it's crucial to do your own research.
ICP Long SetupICP was in bear channel from its supply zone. currently, it is breaking out from the channel from the important demand zone. long from there to the next supply zone.
so far, we get two important signal from market, one is breakout from the channel and second is it getting support from the demand zone if we get the third sign that is higher highs and lows this trade will get in our favour!
🔥 ICP Next Bull-Run's BEST Comeback Trade: Short Squeeze?With BTC reaching above 50k, ICP confirmed a weekly bull-flag and has now made a higher-low above the Summer-2022 highs, confirming a long-term trend shift.
In this analysis I want to talk about potentially the best trade that you can make in the coming bull-cycle. ICP could be making a massive comeback and go back to the ATH values of around 2500$.
Think about it, with the power of social media and influencers, helped by relentless shorting, ICP could be entering some kind of short-squeeze scenario where massive gains can be realized in a short period of time.
Be aware: this is a risky trade with a small chance of success. Still, the potential pay-off makes up for the potential loss.
Happy to hear your thoughts 🙏
INTERNET COMPUTER - ICP - WITH EXTREME BULLISH SIGNALS!Facts:
Weekly Moving Average 50/200 getting crossed for the first time in ICP history.
ICP has the most active core developers in the last months.
Biggest R&D operation in crypto.
Most active DAO in history of crypto: NNS - nns.ic0.app
Almost 50% of supply locked. Half of that is locked for 8+ years.
Reaching 3 Billion Blocks produced: dashboard.internetcomputer.org
Exponential grow in users and Apps developed: internetcomputer.org
No more FUD about the launching. People already know that fraudulent actions from Sam Bankman-Fried through FTX caused the price crash.
CkBTC and ckETH, more to come! Integrations at native level with no need for bridges.
Also Facts:
Alien Tech. Everything Stack. Utopia Coming for enterprises.
AI, Gaming, Marketplaces, Social Media. Everything on the Chain.
ICP has it all, including a huge future! Top 3 Crypto.
ICP- My 22+ target should become in playAs you may recall from my previous posts, I hold a very bullish outlook on BINANCE:ICPUSDT and have elaborated on the reasons why. If the price manages to maintain itself above the $10 mark, the most probable scenario would involve a new upward movement towards the $20-22 resistance zone.
Indeed, ICP reversed just below the $10 mark and began to establish higher lows in the weeks following the correction. As I mentioned in a post two days ago, CRYPTOCAP:TOTAL3 successfully broke (as anticipated) above $500B, providing confirmation for a new upward movement in altcoins.
Technically speaking, in the case of ICP, we observe a clear support level at $10 and a sequence of three higher lows. Additionally, the price action in 2024 resembles that of a symmetrical triangle, a pattern that typically indicates an upward continuation.
A break above the $13 zone would confirm the bullish scenario, with the target being the $20+ resistance zone. However, negation of this bullish outlook would occur with a break below the $11 zone. From a risk-to-reward perspective, such a trade could potentially offer more than a 1:4 risk-to-reward ratio.