ICPUSDT trade ideas
ICPUSDT: Ascending to New Heights! ๐๐นIntroduction: ๐ Brace yourselves for an exciting ascent in the crypto sky with ICPUSDT! Traders are gearing up for a long position from $11, as the price approaches a compelling level. Let's unravel the details of this potentially rewarding trade.
Trade Details: ๐ฐ The long position (#ICPUSDT) takes flight from $11, safeguarded by a stop-loss at $10.93. The rationale behind this move is the price approaching a fascinating level, amidst a confident ascending structure, backed by trading volumes and notable buyer activity.
Technical Analysis: ๐ Navigating the 1-hour timeframe, ICPUSDT is steadily approaching a significant price level of $11. The ascending structure remains robust, marked by trading volumes and evident buyer activity. Upon reaching the designated peak, traders are advised to await the formation of consolidation before initiating a breakout.
Expectations and Strategy: ๐ฏ The trader anticipates potential gains of approximately 9%, emphasizing the need to patiently wait for consolidation post the designated peak and subsequently capitalize on the breakout.
Trade Target: ๐ The primary goal is to ride the confident ascending structure, unlocking potential profits as the price ascends to new heights.
Conclusion: ๐ ICPUSDT invites traders to ascend to new heights in this promising trade. Prepare for a journey of potential profits, exercise patience during consolidation, and get ready to ride the crypto waves to new heights! ๐น๐
ICPUSDT: Navigating the Correction Waves with a Short Sail! ๐โตIntroduction: ๐ Brace yourselves for a turbulent ride in the crypto seas with ICPUSDT! Traders are embarking on a short position from $9.073, navigating through recent active growth and identifying a descending structure. Let's delve into the details of this bearish journey.
Trade Details: ๐ฐ The short position (#ICPUSDT) sets sail from $9.073, anchored with a stop-loss at $9.122. The rationale behind this move lies in the recent active growth leading to a corrective phase, forming a descending structure that signals the strength of sellers and weakness of buyers with declining trading volumes.
Technical Analysis: ๐ Zooming into the 30-minute timeframe, ICPUSDT is undergoing a correction after recent active growth, forming a descending structure that points to the strength of sellers and the weakness of buyers with a decline in trading volumes. The price compression along the trend is approaching a support level, validated multiple times and holding unrealized liquidity.
Expectations and Strategy: ๐ฏ The trader contemplates a gradual approach with consolidation around the support level, anticipating an impulsive breakthrough with increased activity in the order book.
Trade Target: ๐ The primary goal is to capitalize on the correction by riding the descending waves, navigating through the sea of potential profits.
Conclusion: ๐ ICPUSDT invites traders to navigate the correction waves with a short sail. Prepare for a bearish journey, watch for price compression around the support level, and be ready for an impulsive breakthrough with heightened activity in the order book! โต๐น
ICP/USDT SHORTAs marked still looks bullish and im waiting for another push from btc, i find ICP looking really weak with volume dropping, and indicators as jew pointing down + oscillator giving a short signal.
Is it worth taking this trade, even if it goes against the trend?
short term trade remember to take profit.
ICP/USDT Bullish Horizons what next? ๐ ๐ICP Today Analysis๐ Yello, Paradisers! Get ready for an exciting opportunity with #ICPUSDT. It's currently in a demand zone and poised to breach a supply level, signaling a high chance of a bullish move after this breakout.
๐ We've noticed that #InternetComputer often successfully follows a pattern where it breaks above a descending trendline and initiates an upward trajectory, consistently creating higher highs and lows. If it breaks through the supply level at $5.293, we're likely to see a strong bullish surge to overcome a major supply barrier.
๐ However, if it struggles to maintain this upward momentum, there's a chance it might seek bullish continuation from its previous support zone at $4.018. A fall below this could lead to a significant downward trend. Stay alert and watch these levels!
ICP/USDT LONGA dangerous but good risk reward ratio at 5.5, stop loss close.
As jewel point upwards giving a buy signal after going from white to blue and still point upwards.
as bullish divergence getting printed and oscillator giving a buy signal with a bounce and turning green.
but this is 15min time frame, so short term trade. risky but worthy. would be cautious after gold tp 1. since its a 15 min timeframe chart
first gold tp 1. for smart target higher level leverage scalp
ICP-hesitated longIntroduced in 2021, ICP is a difficult guy for applying Elliott rules, so in this case Fibonacci rules might be better choice. It's in a 1st motive wave in M frame, as long as it's still alive for this season and the coming and the coming seasons, Fibonacci retracement rule introduces a 1000% run-up for ICP from this point.
ICPUSDT โ The development of bullish potential could yield 75%BINANCE:ICPUSDT has finally overcome the resistance of the bearish trend. The coin has a potential for growth. The target could be a 75% rise.
On w1 we can see that the coin is still weaker than the cryptocurrency market and is currently showing the prerequisites in which the price can start a rally to catch up with the missed potential. A breakdown of MA-50 W1 and consolidation above forms a bullish leverage that allows for a successful upper channel boundary.
On the daily timeframe, price breaks the 6.00 level. In the future, I will wait for price consolidation above this level to open positions with the aim of further price growth and achieving the targets indicated on the chart.
Support levels: 6.050, 4.988
Resistance levels: 6.788, 7.100, 7.809
I expect the ICPUSDT coin to continue growing after the price fixes above the previously broken level.
Regards, R. Linda!
Secend jump (ICP)โค๏ธโค๏ธThanks for boosting ๐ and supporting us!
๐breaked last resistance by big candle and bullish trend.
๐ (Buy) : 8.258 - 7.213
๐ด Stop Loss : 5.480
๐ฏ Take Profit : 10.266 - 11.903
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๐จโ๐ Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
ICP/USDT | 1d ๐1. ICP looks good in the medium term.
2. By the way, this is one of those coins that, in my opinion, will never update its ATH (~$2000 > $3.6)
3. However, you can try to extract speculative profit from the asset.
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Stay updated on market news and developments that may influence the price of InternetComputer. Positive or negative news can significantly impact the cryptocurrency's value.
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Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
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Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #InternetComputer #Trading #ICP