ICP - Internet Computer - Long Idea#ICP Army, here we go. BINANCE:ICPUSDT
1:5.7 Risk to Reward
As always, Stay Safe and DYOR.
#TheHopinionist
Dfinity
XAUUSD|Breaking resistance zones and continuing growthHello friends, I hope you are doing well.
Yesterday, in gold analysis, we expected the supply areas to prevent the gold price growth, as we saw downward reactions from these areas.
But the selling pressure on gold increased and continued to move upwards.
A new upward trend has come in the form of an upward channel.
We had a resistance level in the one-hour timeframe, and now we see the one-hour candle closing above this level.
This means that gold can see higher prices.
My suggestion is to look for patterns to enter buy positions on reversals to support areas.
My target for the short term is the supply area (2047-2050).
ICP Detailed ChartAs mentioned before, ICP coin broke out from $3.50 and reached the range of $9-10. Later, I shared another analysis and mentioned that it was trying to return from around $9.80, and if it can hold here, it could go up to $15, but if it can't, we might see a reversal around $7.50. I tried to explain this more clearly and explicitly in this chart. If the market is still in a bullish season, ICP will initially attempt the $13-15 range. If it can break this range and continue the uptrend, it will target the $20-22 range.
As the year-end approaches, it's advisable to be cautious. Generally, the market experiences a drop before the year-end. However, the expectation of the Bitcoin ETF is keeping the market strong.
I wish everyone good luck and a happy new year.
ICP Did It! What is Next?In my previous analysis, I had mentioned that ICP coin would rise from $3.60 to $8.20. Despite ICP dropping from $500 to $3, it is still a strong project and my favorite coin. Unfortunately, due to VC involvement, the coin that had fallen so much has finally started to show a strong uptrend.
What is next? RSI is oversold, and price made a huge pump (+%50) since yesterday. Therefore, I believe ICP will make some corrections. As I point it out in the graph, if it starts to do some correction, I believe around 7.50$, we will see some reversal to go up to 15$. If it doesn't stop here, it can directly go to 15$, but I believe it will rejected from there and will do some corrections. In that case, I will publish a new analysis.
This is my trial. Not a financial advice.
Wait for ICPIt appears that ICP is at a crossroads in terms of decision-making. If it manages to rise above the 200-day moving average (MA), it may pick up momentum and potentially experience further growth.
However, if it falls below the 50-day MA, the ongoing downward trend could persist.
Please note that this is not financial advice, but personally, I'm inclined to consider buying if it can maintain a position above the 200-day MA.
#ICP/USDT 2D (#BinanceFutures) Big falling wedge break & retestInternet Computer seems to have found bottom on historical demand zone, RSI entered oversold territory, recovery towards 100EMA would make sense.
⚡️⚡️ #ICP/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (1x)
Amount: 9.4%
Current Price:
3.804
Entry Targets:
1) 3.390
Take-Profit Targets:
1) 6.098
Stop Targets:
1) 2.305
Published By: @Zblaba
CRYPTOCAP:ICP #ICPUSDT #InternetComputer #Dfinity #Web3
Risk/Reward= 1:2.5
Expected Profit= +79.9%
Possible Loss= -32.0%
internetcomputer.org
dfinity.org
🔥ICP Bubble has Burst: Time to Pump the New OneICP fell by -99.8% after the listing! I condole with its investors.
But the downward movement is fading, which is good, because in such conditions, the accumulation phase usually begins. ICP still has $1.5B of capitalization and lots of developers work on it.
💥I'm pretty sure ICP will show it's potential dugring Bitcoin bull market.
like❤️ and follow
Check the links and get a BONUS🎁 from me👇
Bullish or Bearish?Massive breakout coming soon for ICPUSDT!!! ICP has been in multiple bullish divergences in the weekly timeframe. Will it happen this time? We'll see.
Internet computer Parabolic move coming!ICP, is it a dead project or just suffer from bad timing on the release?
This project was released with a lot of hype behind it but nothing but deflate and loose value ever since it's release. It something better than hype going for it right now and that is bullish divergence on the RSI and the MACD. The MFI showed a break above resistance and is trying to hold the breakout as support.
It looks like a fairly substantial recover is on the way for ICP and could see a price bump to $55 to $60 by the end of 2023. That is a cool 10 to 12x from where prices stand at this very moment.
This is not financial advice. Please do your own diligence and invest responsible.
ICP what is next?ICP broke the support that I implemented on my previous analysis due to the FUD about Banks and stuff, so it went down to the stronger minor support (4.40-4.60$).
The direction of the market is still uncertain. Therefore, I would like to show two possible scenario in here.
First, ICP can bounce back from this minor support. If it does, I strongly beleive that it will go up to 9-9.80$.
If the support doesn't hold, then our strong support is at 3.50$.
This is not a financial advice. It is just for fun.
ICP Broke the 486 Days Long Ressistance!Finally, ICP is out of falling channel. However, to see more growth, we should go higher than 4.60$. In that case, we could see the price will go up until 9.80$.
This is my trial. Not a financial advice.
Time For ICP?ICP looks like drawing "double buttom" formation. The project is really good but the coin continues to dissappoint people.I believe FTX is still manupilating the price. I hope it raises from its ashes.
This is not a financial advice. It is just a guess.
#ICP #btcstarburst 1600%…Was this a rug? Was this bad timing? I think people should DYO and see what they are working on… I believe they are still building in the background… This just a study Dca safely Gann theory
ICP/USD D1 Chart AnalysisInternet Computer D1 Chart-
Looking at a potential reflexive bounce for a double top before retesting 4.60 for a double macro bottom.
Key fibs levels and rings with targets id like to see play out..
ICP/USD H1 projectionInternet computer projection on the H1 Chart..
where I took a scalp shorts after confirming resistance w/ respect to purple fib line..
Green targets are potential entry point area for a long scalp on the lower time frame.
ICP/USD H1 targets #ICP H1 Chart.
key price targets id like to see play out into the weekend on the lower time frame..
If price can hold support above purple line and, could very well blow past $9 target... I would like to see a daily candle close to confim
#internetcomputer
#DFINITY
#btcstarburst Is ICP worthless? ReadLet’s see? The token/project came to the market like a beast… Horrible IDEA. This caused people to FOMO in. People lost tons of money. Now for the truth. It is a head of the curve, the compound staking can really pay off. ( In Fact it seems it probably would pay off better that most projects long term) The staking can be a bit confusing this is why it may push most people away. However it can be rewarding since it looks like ICP may have hit a possible bottom or close to it. Could it go lower, the market could go to $0 so there is that. The project itself has many people working night and day in and out developing it. My personal opinion is It may have left a bad taste in peoples mouth. DYOR, look at who is using it, what kind of people are developing on it, who are making the videos? These are not flashy influencers trying to sell a product… DCA safely… TIME WILL TELL. A GANN STUDY
ICP and its 20% pump tonight. What's next?Hello, dear TradingView members.
This idea is an ICP analysis.
Tonight ICPUSDT made a 20% pump. Before we FOMO and buy or sell, let's see what possible scenarios.
Scenario one:
A break-out:
If that bullish candle closes above this area,
it can later perform a pullback and
make it a breakout confirmation.
Scenario two:
A fake-out:
The price might go even higher but then lose strength after hitting one or two resistance levels and fall back to the previous support area.
The Bollinger Bands are opening and making a wide channel, and the price is pushing higher than the upper band. Now, this mostly shows overbought signals, which aren't healthy. This might cause weakness in future hours.
RSI is also above 75, which shows overbought signals.
The Speedometer indicator shows Buy volumes on the market for Bitcoin on a 1D interval.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
ICP investments zones for 2023-2024BINANCE:ICPUSDT
I think around June/July 2022 we possible to see the bottom on ICP around 9-5$ this range price
Usually coins which is have a great investors and big fonds on the launch they will come back after a year or 500 days to pump and manipulate price this coin again.
In almost total disbelief zones if Bitcoin drop to 30 or 25 We can see $ICP around 6-5 dollars.
Targets is 50% fib 100% fib and 1.618 level by FIB so its around 5000% gains.
Just for long term.
Follow my ideas on TradingView and other social media
ICP/EUR Long price and correction predictionHi there!
Posting my idea about ICP/EUR long time correction and price prediction. Please be aware, I'm not financial advisor, please do your own research! I'm posting these ideas for everybody to see and comment and, let me know your thoughts or predictions.
In my opinion, ICP has a chance to get bullish again.
TP 1 60-80 EUR
TP 2 95-115 EUR
TP 3 130-170 EUR
SL if breaks under 13 EUR
P.S. I'm new to posting ideas and this is my first one, thanks for your understanding.
P.S. Full disclosure, I own a notable investment of ICP coins and stake it it NNS dApp for 8 years time, I also own a bunch of coins to trade
ICP ready to explodeICP recently had strong move upwards after touching ~21$ This was supported by big volume. But due to recent price action of BTC the Dfinity token has taken a dip, but is being supported stronger than BTC!! while btc is down -5% icp is only trading around -3%
and this is at suddenly lower volume than the previous move upwards.
imo, current price (anywhere below 24$) is a great price for ICP.
We could still see some movement downwards in BTC which leads me to believe we could see between 21 - 22 for ICP..
but hard to know now. Keep watching btc movement closely.. soon as BTC bears are exausted, ICP will move up very quickly.
Good day,
Wyckoff Accumulation SchematicWhat Happens After Wyckoff Accumulation?
Once the Wyckoff accumulation is over, the price will move sharply higher as demand will exceed support. Buyers will experience an impulsive bullish pressure in which most money is generated from a buying position.
In the accumulation schematic, the trading range represents the space between the SC low and the AR high. While secondary test usually happens when the market drops near the selling climax region to retest and confirm if the intense selling pressure is prolonged or ended.
Generally, during the accumulation phase, the price remains sidelined for range-bound trading after a strong downtrend. Larger players build positions and eliminate retail traders from the market by creating hopes of a further drop in the price. Once smaller fishes are confident about the price drop, bigger players aim to move higher after filling their positions.
According to Wyckoff, there are six stages in the accumulation phase. These stages include:
● PS — Preliminary Support: The preliminary support appears after a long bearish trend. Traders may experience a high volume and spread widening. It is the first indication that the selling pressure will end, and buyers may control the price.
● SC — Selling Climax: In the second step, the price begins to sell off, violating PS. This is a panic selling phase. After a while, the price may reverse after exhaustion, when the spread might extend to an extreme level. In the end, the price may close far from the low with a long-wicked candle.
● AR — The Automatic Rally: This part can be disastrous for sellers. After the violent selling pressure of the SC, the price reverses and recovers all the movement shown toward the sellers’ direction. This phase indicates that short sellers are covering their positions. The high of this movement determines the high of the range, which is a significant barrier for most buyers.
● ST — The Secondary Test: After the AR, the price will go lower again but controlled. In this movement, sellers’ volumes should be higher, and there may be multiple secondaries in the price.
● ST — The Spring: In this phase, the price will perform a hard test of recent lows that will mislead traders. After watching the spring, average traders will consider the market trend bearish and start selling trades. However, the price should show a swing failure pattern and move up after a shakeout. This phase is prevalent with altcoins that have bottomed out for a considerable time.
● AS — Accumulation Schematic: The last stage of the accumulation cycle. The price should break out from the range with an impulsive bullish pressure and confirm the upcoming bullish trend.
