ICP
ICP: Resistance BreakoutThe Internet Computer (ICP) technical analysis:
Trade setup : Price is an Uptrend. Price pulled back and bounced off of $5.00-5.25 support zone, which also lines up with 200-day moving average and long term support trendline. Now it re-broke above $6.25 resistance and could revisit $7.50 resistance next.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $5.00, then $3.50. The nearest Resistance Zone is $6.25, which it broke, then $7.50.
🔥 ICP Going Parabolic, But For How Long?ICP has seen an incredible move over the last few days, where it gained almost 30% and severely outperformed the rest of the market.
Seeing that BTC is trading bullish/neutral, it's likely that ICP will continue to go up in the near-term. However, we're currently severely overbought, so a short-term correction might be coming.
The main resistance that I'm looking at the is top diagonal resistance, which connects the two most recent local tops. Be prepared for bulls taking profits here.
If BTC continues to go up, ICP will likely break out of the triangle. Till then, I'm assuming that ICP will stay in the pattern.
icp icpusd icpusdt uptrend looking at the 2h #icp looks it will continue to its supply also a weekly and day resistance and brake or come down and brake 4h resistance
Icp Getting ready for Massive recovery Seems Like Has Already Bottomed Out & Formed Descending Broadening Wedge In 3days Timeframe While Also testing Another Trendline Once Both Trendlines Got Cleared expecting 250 to 280% Bullish Wave In Midterm
ICPUSD Inverse Head and Shoulders targeting 17.800Internet Computer (ICPUSD) is rebounding aggressively for the second straight day on the 1D MA50 (blue trend-line). The price is about to complete an Inverse Head and Shoulders (IH&S) pattern. The technical target for such patterns, that are typically formed on market bottoms, is the 2.0 Fibonacci extension from the neckline's Resistance. That is at 17.800, just shy off Resistance 3 and that is our long-term target.
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ICP longICP bounced off the ascending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 7.0 is possible.
ICP/USD 12H Price TargetsHey traders,
Looking at ICP on the 12-hour time frame, we see the two local highs that were created and the question on everybody’s mind is can we go higher?
Breaking down the TA, we look like we’ve retested our levels of support at $5.24 and can now move up / change in direction to the upside. We may fiddle around between the $5.24 - $5.59 zone for a bit before advancing towards $6.37, but we could also go straight there.
Next targets after securing $6.37 as support would be the sweep around $7.2 marked in orange, and then $9.43. There really isn’t much sell orders on the books and that’s something to factor into your trade as well.
I belive this previous move was just a teaser for the real move up, and the zone of accumulation that we’re in was from $4.88 - $5.59. Everything in between and out of that range was deviation from the accumulation zone. We may just pump to $9.43 on this next wick up, however, we need some sort of momentum to carry the price 100%.
ckBTC integration was great, shot the price up tremendously, and we need the same kind of hype with ckEthereum as well as more BTC locked on the ICP chain, garnering momentum from all angles to support the squeeze in price.
It’s going to happen one of these days, Cycles are used by developers (a necessary resource) to keep their canisters alive and is native to the ICP chain, tied to the SDR (Special Drawing Rights) currency.
Remember to take profits on the way up.
As always please do your own research, this is not financial advice.
ICP Looking Ready Again.Last time the GC turned green we had massive 40% gains. This only happened on the 1 hour charts so more confirmation needed. Why ICP? Vitalik had very positive comments about this token and its still not getting the attention it should get. When it's at HKEX:200 then everyone will want in lol
ICPUSDT 225% incoming in PartsICPUSDT 225% incoming in Parts
Down trend ended,
i didnt complicate chart on purpose to keep it clear.
Multiple cypher patter in play.
ICP SNS-1 LFGspent a lot of time above ma 200
bitcoin dominance altcoin possibility
best tech in crypto
reinvents the web
seems to me like a breakout to 15-20$ is imminent,
would also mean altcoin season
ICP/USDTThe Internet Control Protocol (ICP) is a protocol used to facilitate communication between Internet nodes. It operates at the network layer of the OSI model and is responsible for routing data packets across networks. The ICP is an important component of the Internet, as it enables the efficient transmission of data and helps to ensure that information is delivered to its intended destination.
One of the most promising applications of the Internet is blockchain technology. Blockchain is a distributed ledger that allows users to securely and transparently record transactions. By using the Internet as a backbone, blockchain can offer a range of benefits, including improved security, increased transparency, and greater efficiency.
One of the primary benefits of using the Internet for blockchain is improved security. By utilizing a decentralized network of nodes, blockchain can eliminate the risk of a single point of failure. This means that even if one node is compromised, the rest of the network can continue to operate securely.
Another benefit of using the Internet for blockchain is increased transparency. Because all transactions are recorded on a distributed ledger, it is easy to track the flow of funds and ensure that all parties are operating fairly. This increased transparency can help to prevent fraud and corruption, and can ultimately lead to greater trust in online transactions.
Finally, using the Internet for blockchain can result in greater efficiency. By automating many of the processes involved in transactions, blockchain can eliminate the need for intermediaries and reduce the time and cost associated with traditional payment systems. This increased efficiency can help to streamline online transactions and make them more accessible to a wider range of users.
In conclusion, the Internet Control Protocol (ICP) plays an important role in enabling the efficient transmission of data across the Internet. When combined with blockchain technology, the benefits of the Internet are further amplified, resulting in improved security, increased transparency, and greater efficiency for online transactions.
ICPBTC dont look so good atm!As we can see we were rejected from resistance and we might go down to test again!
Internet Computer (ICP) formed bullish Shark for upto 62% rallyHi dear friends, hope you are well and welcome to the new trade setup of Internet Computer (ICP) with US Dollar pair.
Recently we caught more than 57% pump of ICP as below:
Now on a 4-hr time frame, ICP has formed a bullish Cypher move for next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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.
ICP inverted head and shoulders patternICP looks mega bullish.
Recently we posted trading idea where we explained that ICP has been in the range since summer 2022:
In this publication we would like to present another reason why ICP is bullish.
What we can see on the chart is a potential inverted head and shoulders pattern which is mega bullish.
The right shoulder is in a development phase . Once it's done, and we get a breakout we should see a masive move.
Technical target from this pattern would be around 12,70$.
You can also take profit at 9,78$ which is the top of the range and final target from our previous idea.
Overall ICP looks bullish and it should rise in the next days and weeks.
We are buying ICP. What about you?
kind regards
ICP long Term Key Major ResistanceWhen ICP launched I saw the thing basically get flushed down the toilet. I was it at some point up in the TOP 10 for a while and I couldnt believe it. Where did that thing come from? |What is that?? Ever since then I kept an eye on it and everything tells me this is one of the must hold for the new cycle. There is almost NO resistance on the way up so we might get a SHARP spike up to the golden pocket before we hit any type of accumulation.
ICP reached block of resistance levelsA resistance block consists of:
parallel channel line;
round number 7.0.
This is a potential situation for starting a FOMO and a distribution range. At least a correction is expected.
Internet Computer #icp ideaICP seems to be moving to HKEX:14 soon, the internet computer is a great project. Don't miss it
Internet Computer #icp ideaICP may test HKEX:14 soon, the internet computer is a great project don't miss it.
ICP Looking for 9-10 $ICP has inverted H&S formation in weekly chart and it aims for 9-10$.
As we can see it tried the Minor support several times and got a good response so far.
If it can exceed the minor resistance, then we can expect the price will grow up to 9-10$.
Let's hope this coin can perform well in the Bull market.
This is not a financial advice. It is just a trial. You can check my previous analysis from the links below.
