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
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✅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.
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💥(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.)
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👉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 .
ICP 1D Long buy zone and fixing targets in the descriptionToday we will consider the trading pair ICPUSDT
Judging by the amount of your requests we understand that you are interested in ICP coin, and perhaps the internet computer project have good prospects for growth.
Looking at the chart of ICPUSD , we can assume that the process of accumulation of long-term long position is going on now.
Waves-men may say that it is a lingering 2nd wave.
We earlier placed the buy orders in the range of $34.50-37.50 and at the previous breakout down, only one of the buy orders went off. We are still keeping the other buy orders open as there is still a chance of another downside spill.
If you don't have patience and have a strong belief in the project, the buy zone of $37.50-43.50 is also tasty and weighted, because it is relatively close to an absolute low.
The targets from above to fix the longs will be in the $150-185 range , and we will try to cover the longs than closer to $185.
Write in the comments what the project promises and what you expect from it.
_______________________________
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We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Dfinity -ICP Internet ComputerInternet Computer is a third-generation blockchain developed by Dfinity. One of the goals of which is the creation of a decentralized Internet. Internet Computer is based on the new programming language Motoko. It is open-source that supports advanced work with smart contracts and the creation of scalable, high-performance decentralized applications and services.
At the moment, the Dfinity team has more than 200 employees. There are a lot of famous personalities. ICP aims to create a "blockchain singularity" in which every system and service is rebuilt and reimagined using smart contracts and runs entirely on the public blockchain without the need for traditional IT. Project management is largely under the control of the Internet Computer community. In addition, Internet Computer will use its so-called chain key cryptography to integrate with Bitcoin, paving the way for smart contracts with native BTC addresses to be hosted on Internet Computer.
What is an ICP token?
The ICP token provides gas to the network and allows holders to vote on proposals that will shape the future of Internet Computer. Users create "voting neurons" that allow them to vote either manually or automatically by tuning their neurons to follow other neurons.
You can read more about neurons in the article.
www.dfinitycommunity.com
Also, you can lock your ICPs for a period of 6 months to 8 years and receive profitability for participating in voting.
Back in 2018, people were given 28 ICPs for registering on Coinlist and verification, and 120 ICPs fell for testing the system. For three years people have been waiting for their drop, looking after their cars, thinking about the comfortable future that the ICP drop will bring them. The reality turned out to be not as colorful as dreams. Instead of hundreds of thousands of dollars, people received annual vesting for tokens, and the ICP price quickly rolled away from $500 to $50.
Projects on ICP:
Plug Wallet - the convenient wallet, a browser extension;
Stoic Wallet - another wallet for the ICP ecosystem;
Fleek - the product that includes hosting web resources and applications, cloud storage;
District - the fully decentralized, community-built professional social network;
DSCVR - the decentralized version of Reddit on ICP;
OpenChat - the decentralized messenger;
IC Drive - Decentralized Data Warehouse;
ICmoji Origins, Texas Holdem, Mission is Possible, Reversi - ICP games;
Enterot - NFT marketplace;
DFinance, ICPSwap - DeFi projects (swaps, farms, etc);
More projects here:
dfinity.org
ICPSquad:
twitter.com
In short - by having an NFT personage and performing any interactions within the ICP ecosystem, you get a chance to earn tokens and accessories for your personages. If you missed it - you can still take an avatar in pre-order. If you plan to dive into the ICP ecosystem - it will be much interesting with an avatar.
I don't see anything original in the ecosystem. Decentralized social networks and versions of the tools we're used to are good, but speculators can't make money here. We look forward to our pre-order avatars and the emergence of serious DeFi products. We plan to use ICP in all applications where it will be possible to obtain ICPSquad accessories.
ICP ranks 27th in terms of capitalization, with a cap around $7.61 billion.
Is it worth buying an ICP token now? I think this is a good idea for a small percentage of your deposit in the long run. Reasons for growth:
1) The chart since June represents accumulation in the range of $30-80. Blockchain hype can reach the Internet Computer sooner or later, and we will see a good way out of accumulation.
2) Fork Badlands - BDL tokens will be issued to ICP holders.
3) Launch of smart contracts on the bitcoin network.
Best regards,
EXCAVO
ICP (internet computer) : in-depth analysis
ICP BUY/SELL ZONES
SHORT TERM SCENARIO=
BUY ZONE 1= $41.93 TARGET ZONE 1= $56.82
BUY ZONE 2= $39.73 TARGET ZONE 2= $63.75
BUY ZONE 3= $34.28 TARGET ZONE 3= $72.90
BUY ZONE 4= $26.81 TARGET ZONE 4= $86.63
LONG TERM SCENARIO (MY STRATEGY) =
BUY ZONE 1= $39.73 TARGET ZONE 1= $67.77
BUY ZONE 2= $34.28 TARGET ZONE 2= $94.73
BUY ZONE 3= $26.81 TARGET ZONE 3= $132.69
BUY ZONE 4= $21.32 TARGET ZONE 4= $198.26
BUY ZONE 5= $16.24 TARGET ZONE 5= $305.61
BUY ZONE 6= $10.54 TARGET ZONE 6= INFINITY ( depend upon MARKET STRUCTURE )
GOLDEN RESISTANCE ZONE 1= $47.94-$49.87 (will be flipped to ALL-TIME SUPPORT later on)
GOLDEN RESISTANCE ZONE 2= $54.03-$55.63
GOLDEN RESISTANCE ZONE 3= $64.14-$66.07
GOLDEN RESISTANCE ZONE 4= $67.68-$69.32
GOLDEN RESISTANCE ZONE 5= $94.68-$98.19
GOLDEN RESISTANCE ZONE 6= $306.18-$320.65
GOLDEN SUPPORT ZONE 1= $47.94-$49.87 (to be flipped later on)
GOLDEN SUPPORT ZONE 2= $40.70-$41.94
VALUE AREA (for SCALPING) =
MONTHLY VAH = $46.98
MONTHLY VAL = $40.95
WEEKLY VAH = $53.96
WEEKLY VAL = $44.01
GOLDEN MOVING AVERAGE AT = $46.93
DAILY GOLDEN MOVING AVERAGE AT = $47.46
MONTHLY GOLDEN ZONE (at present) = $51.07-$51.72
WEEKLY GOLDEN ZONE (at present) = $45.64-$45.98
ICP HISTORY = Launched in May 2021 ; layer 1 protocol (decentralize the Internet through smart contracts)
DEFINITY (NPO non-profit organization and research institute).
ICP from Switzerland.
Founder = Dominic Williams (one of the early members of Ethereum and Bitcoin)
Investors = Anderson ( VCA Venture Capitalist ), Polychain Capitals etc
Applications made on ICP= finance, centralized finance, NFT, gaming, clone of Tik Tok = Can Can; LinkedIn's clone Linked up.
Platforms= Fleet (to create a website) ; Capsule Social (to create social media platforms)
Working on = META
ICP is long term project.
Three bullish patterns What Are Adam And Eve Chart Patterns?
Adam And Eve chart pattern formed when one sharp V-shaped first bottom low is made on high volume. This is the first “Adam” bottom. Then the price bounces back higher but later goes lower a second time to create a second cup shape as a second bottom that is the “Eve” on decreasing volatility and a tighter price range.
What Is an Ascending Channel?
An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing lows, and an upper channel line that joins the swing highs.
What Is an Inverse Head and Shoulders?
An inverse head and shoulders, also called a "head and shoulders bottom," is similar to the standard head and shoulders pattern, but inverted, with the head and shoulders top used to predict reversals in downtrends.
Are you selling the bottom of ICP?I just wanted to share this ascending channel with the community. I have been following ICP very closely for the last few months and have noticed that the logarithmic lines of support and resistance inside this ascending channel have played off pretty well. As long as we remain in a bull market I do believe we will reach $158 at minimum by the end of December. My price target however is between $250-300 in the event of a FOMO driven blow off top.