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ICPUSD trade ideas

ICP weekly chart: The shittiest bullish chart in cryptoThe ICP weekly chart has lived in oversold territory for its entire life. But even the shittiest of coins can show signs of life. 1) It is possible that ICP is in a macro falling wedge and we have potentially reached the bottom. 2)ICP's RSI has to be one of the most oversold RSI in crypto. On the weekly we see signs of an end to bearish momentum as show by the bullish divergence. Assuming we are still in a bull market. I could see ICP break out of this wedge and finding resistance at around the $40 mark. Followed by a retest and a show of support at around $32 before heading higher.
COINBASE:ICPUSDLong
by CryptoNCoffee
2
icp long term hodlbeen waiting on this bad boy for quite a long time. ---- i remember telling people icp would hit around $15 before it would really run they all called me absolutely crazy (lol) told me it's impossible literally yelled at me telling me it's going to 1k. --- well i guess they were right, i was off buy $13 :^). buying icp right here, and i intend to hold this for some time. not entirely sure how long yet, depending on btc in the weeks ahead of us. --- entry: $23 tp: $152
FTX:ICPPERPLong
by notoriousbids
8
ICPUSD accumulation soon?Seems like ICP might be entering an accumulation phase as long as it holds $30. Momentum is rising but with accumulation failing, the price might stabilize or correct a little. I believe a breakout over $60, holding it as support should bring it to a trajectory $200+ Overview of chart: -Momentum flowing to the upside while price is stabilizing -Might be at the end of Primary wave 2 between $34-$37, invalidation at $27 -Volume Profile PoC is of an intermediate impulse wave. It has confluence with a 0.618 fib retracement of Primary wave 1 -Minor bearish divergence with ADL (Accum/Distr. Line) seeing price stabilize but accumulation falling. Might result in a minor drop to ~$34 to hit the intermediate wave c target. -Monthly S1 of CPR has confluence with wave C target -Median line of fork held as support throughout the corrective wave. If broken, there is a stronger likelihood of impulse invalidation.
COINBASE:ICPUSDLong
by linebands
4
ICP My top pick for 2022This is not an Investment advice, please do your DD. ICP has been a disaster since it came public but I think it could be getting ready for a recovery. From my previous idea, I mentioned I expected a break out then but instead it has been consolidating. The longer it consolidates the higher it will go. It held up well this past week while the market crashed. ICP is one I am looking forward to see how it does. I presented two options here, one based on the continued selloff due to the new variant and the other if the crypto market recovers sooner.
COINBASE:ICPUSDLong
by BlackisKing
22
icp Long swingicp had a clean 5 wave impulse recently, and retraced back down perfectly into the golden zone. i think this has the potential to make a run to the 100% extension in the months ahead, if btc decides to be bullish. i'm feeling kind of optimistic with crypto, despite some of my bearish outlooks. the way i see it, if i'm wrong about the bear case, then i at least have some long exposure going forward. caught icp near the bottom of the wick earlier, and i've a decent stop loss on it. setting & forgetting this one. if i get stopped, so be it. 🍑
FTX:ICPPERPLong
by notoriousbids
1
Are you selling the bottom of ICP?I just wanted to share this ascending channel with the community. I have been following ICP very closely for the last few months and have noticed that the logarithmic lines of support and resistance inside this ascending channel have played off pretty well. As long as we remain in a bull market I do believe we will reach $158 at minimum by the end of December. My price target however is between $250-300 in the event of a FOMO driven blow off top.
COINBASE:ICPUSDLong
by CryptoNCoffee
9