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ICP

📈ICP: is the whale trap coming to open short?Hi friends! As we can see the volume indicator shows us that lots of coins have sold by big players during the last few pumps. Now the price forming the falling wedge which is the bullish pattern. But why short is possible in this case: 1. growing dominance of BTC. Altcoins looks very weak. 2. huge resistance at the $7.4-8 value area. 3. possible false breakout or pump the same as we see previously with volume bars growth. It shows us the sellers presure. The target for downtrend movement will be at least the $6 key level. 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
3
#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
BITFINEX:ICPUSD
by Jonnycatx
5
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.
by ShawnMCR
13
ICP ICPUSDT UPDATEDAs you see the cup is going to complete with the moment moves by chart Btc is ranging in a FLAG , i bet all the traders are ready to catch the ALTS Maybe Long Maybe short I can say this market is like a door The Longs and Shorts behind the door Longs can open the door and beat the shorts When they have some GIANTS(like gray skale or the mask lol) . I think after the btc ranging and breaking the flag from the roof , we can enter to ICP This is an idea guys just keep out and enter with 3% asset 8.1 ta 8.5 enter Good luck
Long
by Ashkey
3
🆓Internet Computer (ICP) May-30 #ICP $ICP The buying force continues to appear when ICP tests the $7 zone, if it doesn't lose the $7 zone, ICP can surge to the $8.5 zone, this is the resistance it needs to overcome to officially enter the uptrend then increase to the $10 and $12 zone. However, if ICP loses the $7 zone, it will fall to the $6,2 or even $5.4 zone 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 7$ zone 🔴Buy : 7 🔴Sell : 8.5 - 10 - 12 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 7$ zone 🔵Sell : 7 🔵Buy : 6.2 - 5.4 ❓Details 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
1
ICP - Internet ComputerHow the Internet Computer Works The Internet Computer is the fastest and most scalable general-purpose blockchain. It extends the Internet with computation: dapps (smart contracts) can run 100% on the Internet Computer as it can serve web contents directly into browsers. Moreover, end-users can seamlessly and securely interact with dapps on the Internet Computer. In particular, users in general do not need any tokens to use a dapp nor is it necessary for anyone to download blockchain state to verify correctness of transactions because of the Internet Computer’s groundbreaking chain key cryptography. Users can security authenticate to dapps using Internet Identity, the Internet Computer’s anonymous blockchain authentication framework. Direct Integration with Bitcoin The Internet Computer protocol will be extended to add smart contracts to Bitcoin. An application of Chain Key cryptography will give each canister their own Bitcoin public key, thus directly integrating with the Internet Computer blockchain with the Bitcoin network. In particular, smart contracts on the Internet Computer will be able to hold, send and receive their own Bitcoin.
Long
by Crypt0_Ninja
🆓Internet Computer (ICP) May-17 #ICP $ICP ICP rallied strongly when approaching the $6 zone and now it holds firm to the $8 zone. In the coming time, ICP can increase strongly to the area of 12$ or even 14$. However, the $12 zone is a very strong resistance so we need to pay attention. If ICP loses the $8 zone, we can still consider buying back ICP in the $7 and $6 zone 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 8$ zone 🔴Buy : 8 🔴Sell : 10 - 12 - 14 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 8$ zone 🔵Sell : 8 🔵Buy : 7 - 6 ❓Details 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
1
Project With An Actual UseInternet Computer (ICP) is a decentralized blockchain network that was officially launched in May 2021 by the DFINITY Foundation with a global goal to push the boundaries of Internet functionality and support smart contract development at a larger scale. With Internet Computer, absolutely anyone can create software and run it on the Internet; any user can get acquainted with blockchain technology, any developer can create a DeFi application. All work processes take place in a decentralized network on special equipment, whereas many other blockchains run on the cloud. Internet Computer is primarily about speed: the ICP cryptocurrency works at web speed. ICP is backed by the crypto industry, with respected investors including Andreessen Horowitz, Aspect Ventures, Electric Capital, CoinFund, Fenbushi Capital, LedgerPrime, Multicoin Capital, SNZ, Scalar Capital, ZeroEx, Intl., a16z Crypto, and Polychain Capital. ICP losing values since day1. Right now we are in a strong downtrend in the weekly chart and there is no sign for bullish movement. But for the next cycle this could be a pretty good buy since it has a lot of instutional investors and actual usage to improve blockchain technology. Always invest in tech. I do believe in the next cycle this project can reach its ATH areas. Thanks. Follow for more charts and ideas.
by thegreatwall38
4