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ICP

ICP Next SHIB ? ICP / USDT price is looking in long accumulation range 👉check my old post regarding ICP i posted it during dump phase ☠️ in june : 👉Also check SHIB chart before breakout you can find some similarities between them : NOTE : Accumulation range usually take very long time INVALIDATION : if price fixed below current range new range will be formed at new low prices so be ready for that too Always DYOR What do you think about ICP share with us in comments below
by Babenski
39
💻ICP- the most unlucky listing of this yearAfter the last failed breakout attempt the price went back to the bottom of the formation, bounced from the dynamic support (purple) and is most likely preparing for another breakout attempt. A bit of history: ICP had quite an unfortunate start. It was listed on 11th of May- the day before Bitcoin dumped -50% and the whole marked collapsed. The project was originally pretty hyped, the price went up 1000% the day it was listed on Binance reaching the price of 2831$ per coin. And then it dumped -99% 😆 Anyway- this is of course beyond technical analysis, but the truth is ICP is very comparable to the other top eco chains such as ADA or SOL, it provides some unique solutions and it could easily be a TOP10 coin in terms of market cap. So is it undervalued? Yes. Does it matter? Well.. No, but to me this aspect is just like a technical indicator- if it adds up to overall confluence than that's good, and in this case it does. Entry: buy in the lower part of the formation (current price) down to 45.00 SL: below 37.36 --------------------------- About 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. In 2018, over 50,000 registerter participants received ICP utility tokens in an airdrop. On December 18, 2020, DFINITY launched the alpha mainnet of the Internet Computer. In a final step towards decentralization, on May 10, 2021, DFINITY launched the Internet Computer into the public domain. This major milestone means that the internet now functions as a decentralized global computer — marked by the release of all of the Internet Computer’s source code into the public domain, as well as ICP utility token allowing tens of thousands of community members to govern the Internet Computer network. Source: coinmarketcap
Long
by V0VOLAN
2
ICP is going to shineIt's time for ICP to take off.. to levels beyond imagination.. If we're going back to ICO.. which was 600 usd/token.. that's already insane, but only a midterm target... Don't forget this was the most important invention after bitcoin and ethereum. ICP will literally change the flow and speed of crypto and the internet, build powerful software and platforms for all industry, finance, enterprise systems and websites. It could be the alpha and the omega, the oracle of the net.
Long
by Wolverinos
14
ICP, is it really bullish?this week we could enter ICP twice and get 100% profit in the first trade and 60% in the second trade with 5x lev. The whole idea is written in the previous idea (link below). I am neither bearish nor bullish now, if it returns to BUY are between 40-41 then we will buy again with SL and if it will break out the down trend with positive money flow, then we will enter again and the next target will be 54. small resistance and then $75 per ICP. Wish you all the best.
by Kurd_Crypto
Wyckoff Double Bottom Accumulation Accumulation: Wyckoff Phases Phase A: Phase A marks the stopping of the prior downtrend. Up to this point, supply has been dominant. The approaching diminution of supply is evidenced in preliminary support (PS) and a selling climax (SC). These events are often very obvious on bar charts, where widening spread and heavy volume depict the transfer of huge numbers of shares from the public to large professional interests. Once these intense selling pressures have been relieved, an automatic rally (AR), consisting of both institutional demand for shares as well as short-covering, typically ensues. A successful secondary test (ST) in the area of the SC will show less selling than previously and a narrowing of spread and decreased volume, generally stopping at or above the same price level as the SC. If the ST goes lower than that of the SC, one can anticipate either new lows or prolonged consolidation. The lows of the SC and the ST and the high of the AR set the boundaries of the TR. Horizontal lines may be drawn to help focus attention on market behavior, as seen in the two Accumulation Schematics above. Sometimes the downtrend may end less dramatically, without climactic price and volume action. In general, however, it is preferable to see the PS, SC, AR and ST, as these provide not only a more distinct charting landscape but a clear indication that large operators have definitively initiated accumulation. In a re-accumulation TR (which occurs during a longer-term uptrend), the points representing PS, SC and ST are not evident in Phase A. Rather, in such cases, Phase A resembles that more typically seen in distribution (see below). Phases B-E generally have a shorter duration and smaller amplitude than, but are ultimately similar to, those in the primary accumulation base. Phase B: In Wyckoffian analysis, Phase B serves the function of “building a cause” for a new uptrend (see Wyckoff Law #2 – “Cause and Effect”). In Phase B, institutions and large professional interests are accumulating relatively low-priced inventory in anticipation of the next markup. The process of institutional accumulation may take a long time (sometimes a year or more) and involves purchasing shares at lower prices and checking advances in price with short sales. There are usually multiple STs during Phase B, as well as upthrust-type actions at the upper end of the TR. Overall, the large interests are net buyers of shares as the TR evolves, with the goal of acquiring as much of the remaining floating supply as possible. Institutional buying and selling imparts the characteristic up-and-down price action of the trading range. Early on in Phase B, the price swings tend to be wide and accompanied by high volume. As the professionals absorb the supply, however, the volume on downswings within the TR tends to diminish. When it appears that supply is likely to have been exhausted, the stock is ready for Phase C. Phase C: It is in Phase C that the stock price goes through a decisive test of the remaining supply, allowing the “smart money” operators to ascertain whether the stock is ready to be marked up. As noted above, a spring is a price move below the support level of the TR (established in Phases A and B) that quickly reverses and moves back into the TR. It is an example of a bear trap because the drop below support appears to signal resumption of the downtrend. In reality, though, this marks the beginning of a new uptrend, trapping the late sellers (bears). In Wyckoff's method, a successful test of supply represented by a spring (or a shakeout) provides a high-probability trading opportunity. A low-volume spring (or a low-volume test of a shakeout) indicates that the stock is likely to be ready to move up, so this is a good time to initiate at least a partial long position. The appearance of a SOS shortly after a spring or shakeout validates the analysis. As noted in Accumulation Schematic #2, however, the testing of supply can occur higher up in the TR without a spring or shakeout; when this occurs, the identification of Phase C can be challenging. Phase D: If we are correct in our analysis, what should follow is the consistent dominance of demand over supply. This is evidenced by a pattern of advances (SOSs) on widening price spreads and increasing volume, as well as reactions (LPSs) on smaller spreads and diminished volumes. During Phase D, the price will move at least to the top of the TR. LPSs in this phase are generally excellent places to initiate or add to profitable long positions. Phase E: In Phase E, the stock leaves the TR, demand is in full control and the markup is obvious to everyone. Setbacks, such as shakeouts and more typical reactions, are usually short-lived. New, higher-level TRs comprising both profit-taking and acquisition of additional shares (“re-accumulation”) by large operators can occur at any point in Phase E. These TRs are sometimes called “stepping stones” on the way to even higher price targets.
Long
by Crypt0_Ninja
13
ICP Daily Head and ShouldersThe Price of ICP has been in a downtrend for months now. We have seen a breakout to the upside from the 5th of Nov, taking the Price to $58. If ICP is able to hold the trendline, then we could see in the coming weeks a potential break of the $87 ATH from September, and go to, or beyond the $100 mark. I see a potential £200 end of year due to the BTC smart contract integration that could bring a lot of hype to the project, if the Bull Market extends till end of Q1 2022, then we could see ICP go back to to the ATH from launch at $450. Do your own research before investing, and trade safe my friends!
COINBASE:ICPUSDLong
by SimonSai333
1
Possible short downside to 47-48$ for a retest of support.We are going higher for the past 3 days, but volume is getting lower on each day. RSI is showing a small bearish divergence for the past days. We have not yet retested the brake out line and 50day EMA with a red candle. This is just an idea, because we cannot go up in a straight line. We are still in an uptrend and ICP will reach higher targets in next days, weeks. Everyone is just publishing the positive here, so lets keep in mind some small bearish scenarios too. Keep it safe and have an awesome day! Hit a like if you appreciate my thoughts.
by UnknownUnicorn26369879
13
ICP is left out of the market, What's best zone to buy?ICP is one of the highest potential coins in cryptocurrency market but its moving in a range between 55$ and 40$ since 2 month ago! This coin can see 78$ or higher, If this coin can consolidate its position above 40$ the next targets can be 78$ or higher for this coin. The trend line I drew on the chart must be kept to see a breakout of current upper resistance and then a huge move up to 78$ as the next target. Best zone to buy this coin is after breakout of the upper resistance IMO. Your Likes And Comments Are the best Thank You. Profit is Yours!
Long
by TahaZargar
2
ICP coming soon for a move to the Upside.After the break of Structure, as we can see the price is coming back for a complete retrace, which is a good sign, because price might be coming for the retest on the Daily trend line that has been broken, and which is in confluence with the lower trend line of the ascending channel and also the decision point (there are different type of decision points). And that might be a very clear area of liquidity. So if price can come to that area and we notice signs of rejection and bullish signs, which other confirmations, then we might also bag some ICP coin with a target of 30% on spot. NB: Always trade the market structure and not the trend of the market. And this is not a financial advice and trade with caution, using strict risk management. And always be reactive and not predictive. :)
Long
by PrimeTradeX
1