✳️ Internet Computer | Bulls Confirmed!Everything we predicted is becoming truth.
The market is now confirming hundreds and hundreds of charts we published...
Only trust and patience are needed when you are being guided.
ICPBTC just produced a strong bullish breakout and the rest will be history.
What follows is simply additional growth.
I will start adding the previous trade ideas on the 'Related Ideas' below for each pair.
Make sure to enjoy the profits.
Enjoy the ride...
If you missed one opportunity, many more are on the way.
Endless opportunities this life has to offer.
Namaste.
ICP
ICP Small correction before we go UP!As I told in my previous analysis, ICP broke very important 486 days long falling channel. We also broke the 4.60 resistance which is nice. Now, market is a bit overpriced since RSI are really high. So I expect small correction before more up movement till 9.80.
I will open position around 4.80-4.60 according to the reaction on that interval. Good selling point is 9.50-9.80.
This is my trial. Not a financial advice.
(ICPUSD) has good growth potential to values of $14.30Bitcoin has shown growth to values of $25,000. By April and possibly including the month of April, Bitcoin may gradually reach around $30,000.
Altcoins currently have good entry points for a mini alt season.
Stop profit trade at a 1:7 ratio.
I have selected coins that are interesting to buy in this mini alt season and that have potential for growth.
— The coin ICP is a buy point at $6.20
— The zone ICP for profit-taking is $14.30
The price is likely to decline furtherThe first important support of the ICP is considered in the range of $4.6-4.8, but due to possible selling pressure, and because the last ceiling and floor in the 4-hour timeframe have not yet been broken to the upside, the price is likely to decline further. On the support side, there is a support range of $4.4 to $4.3. Therefore, considering the good price movement in the daily timeframe, we expect a strong positive reaction from these two support levels. Also, using the Fibonacci correction tool, the support range of 50% of the correction wave has been placed on the first static support, so this support is more confirmed.
Free Flare And a Back Stab.It seems that the XRP community feels that Flare used us to get ahead. It's part of the business and while many people are hating on the token they're ignoring the tremendous buy-in opportunity this is. Another Token -98% from ATH and retail seems to be getting excited about crypto again. I'm sure that when the XRP trial comes to an end, all these cheaper tokens like songbird and Flare will take a ride up with xrp just because they played it well.
Internet Computer #ICP updateWhat is the Internet Computer and ICP?
The Internet Computer blockchain incorporates a radical rethink of blockchain design, powered by innovations in cryptography. It provides the first “World Computer” blockchain that can be used to build almost any online system or service, including demanding web social media, without need for traditional IT such as cloud computing services. As such it can enable full end-to-end decentralization.
Bottom of the ascending channelThe ICP support ranges are considered at $4.5 and $4.9, which can have a positive reaction. We expect the continuation of the upward trend from the desired support range. This week, if the bottom of the ascending channel is broken, the main wave could end, and a correction could begin.
ICP: Approaching ResistanceThe Internet Computer (ICP) technical analysis:
Trade setup : Bullish breakout from consolidating in a Sideways Channel ($3.50-$5.00). It’s now approaching 200-day moving average (resistance) around $6 and it’s overbought (RSI ~ 70), so it’s likely to get rejected here and pull back some near-term. Wait for price to either 1) break above $6 to resume uptrend with upside potential to $7.50, or 2) pull back near $5 support for a swing entry.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $5.00 (previous resistance), then $3.50. The nearest Resistance Zone is $6.00, then $7.50.
Internet Computer #icp updateIcp is available on Kucoin
What is Internet Computer?
The Internet Computer is the world’s first blockchain that runs at web speed with unlimited capacity — a blockchain computer that scales smart contract computation and data, processes and stores data efficiently, and gives developers powerful software frameworks. It enables the complete reimagination of how services operate online.
ICP crosses above the 200MA for the first time everInterestingly enough ICP has just crossed above the 200d MA for the first time in history. Could be the beginning of a breakout towards the $14 area. Be careful of a rejection here though, as it could get bloody very quickly. Either way, definitely worth keeping an eye on.