This is one of the strongest divergence we've seen in a while, it has been building up since the year 2021.
The Internet Computer (ICPBTC) has been dropping and producing lower lows long-term while the daily MACD has been producing higher lows.
We have some weak/early reversal signals based on the candles and price action but with this divergence in play, if a trend of change happens with the next target being around 0.0017000 that's more than 1,000% or 10X; long-term growth.
Great potential indeed. We would have to wait and let it develop to see how it goes.
These are just early signals, things can change but in the case of change (support being broken), we can focus on the long-term and the high potential target remains valid for when the actual reversal shows up.
The market moves in cycles... Up and down, up and down. Like the waves of the ocean. Like day and night. Like growth and decay. Life and death.
While some analogies can't be adapted 100% to how the market works, these pairs are in a long-term growing phase, a new technology, early in their lives... Like a child who plays, sooner or later he/she becomes an adult.
It is inevitable... That's a better analogy.
These are children playing now but while they play, their bodies continue to grow.
Soon it will be obvious and instead of a game these will be the technologies of the future, the daily apps, tools and programs we use to live our lives, just as Google, Apple, Microsoft and the rest now control the world.
That's Cryptocurrency for you. The future...
Many projects will fail but we can't know before-hand, so they are still great for making money. Many projects have already been established.
You can trade for fun, for money, both, or you can position yourself to be part of this evolution.
The evolution of finance, the evolution of money. The evolution of computers, the evolution of gaming, the evolution of the Internet, the evolution of human interaction, the evolution of entertainment, the evolution of the social structure.
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