internet computer (ICP) awesome opportunity to BUY!!! Hi again traders!
at first i thank you guys for your support of my previous analysis (BTC) :)
now i have currency for you which didn't rise based on recent other coins and its a good shot to catch the bird!
ICP hit our lower trend line 3 times and failed to break it also our upper trend line which was broken before touched again(pull back) that shows a MTR pattern and due to these reasons we expect an huge rally from ICP
by the way ICP had a massive drop since past 3 months and its good for long term investment
ICP market cap rank : # 28
ICP trading Volume : 23% increased since 24h ago
ICP
ICP Breakout!Long sleep of this good project make it plunged to the bottom. But now ICP is gaining momentum. 1H timeframe shows a breakout from a falling wedge pattern and having a small pullback to get some support and its already cross 200 EMA
Entry: 44-45$
TP1: 50$
TP2: 56$
High selling pressure probably will be around 50+$, so be cautious, take partial profit is always wise decision
#DYOR
The Internet Computer; (ICPUSDT analysis)The Internet Computer:
The world's first frictionless blockchain with web speed and internet scale
❇️Rank #21
kind:Coin
Circulating Supply: 128,985,797.81 ICP
Total Supply: 469,540,695 ICP
❇️What is the 🌟Internet Computer (ICP)🌟?
The Internet Computer is the world’s first blockchain that runs at web speed with unbounded capacity. It also represents the third major blockchain innovation, alongside Bitcoin and Ethereum — a blockchain computer that scales smart contract computation and data, runs them at web speed, processes and stores data efficiently, and provides powerful software frameworks to developers. By making this possible, the Internet Computer enables the complete reimagination of software — providing a revolutionary new way to build tokenized internet services, pan-industry platforms, decentralized financial systems, and even traditional enterprise systems and websites. The project was founded in October 2016 by Dominic Williams, and attracted notable interest from the crypto community. DFINITY raised a total of $121 million from contributors such as Andreessen Horowitz, Polychain Capital, SV Angel, Aspect Ventures, Electric Capital, ZeroEx, Scalar Capital, and Multicoin Capital, and several notable early Ethereum supporters.
references :coinmarketcap -- hdfinity.org
------------------------------------------------------------------------------------------------------------------
✅TECHNICAL ANALYSIS
As you can see in the Daily time frame for ICP/USDT, the price is trading around 48 $ .
ICP , after reaching its ATH, it has faced a continuing decline at the time of its supply in the exchanges, and so far it has moved about -97% away from its ceiling. It is not clear exactly when it will end its downward trend, ie According to the market conditions and the domainance of bitcoin and Altcoins it can even fall further more, but we can enterat least one step in this price if you are thinking of investing.
--------------------------------------------------------------------------------------------------------------------
💥(Anyway, my constant suggestion to my dear community is to buy step by step ( in a few steps) , With considering risk management , Because this crazy market is very volatile than you have never seen in any other markets .)
💫(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion and you are responsible for your own trades or invests.💯
🙏with Best Regards and successful trades❤️
💜 if you're fan of my analyses you can support me with your 👍 likes 👍 and 💭comments 🗯
ICP - is going to breakout this trendline 😲🚀A trend line has formed on the ICP chart. The price is near the trend line. It is worth paying attention to the key levels. Price could collect liquidity below the key levels and then break the local trend line. In this case, there could be a good opportunity to open a position.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
#ICPUSDT ICPUSDT#ICPUSDT
After Daily Trend line Breakout now Wait for Retest And Then #ICPUSDT Ready For Bullish Trend
Keep in mind.
🟣 Purple structure
Monthly structure.
🔴 Red structure
Weekly structure.
🔵 Blue structure
Daily structure.
🟡 Yellow structure
4h structure.
White Structure
1H Structure .