ICPBTC
ICP - The Biggest sell off (Almost Time) I've been watching ICP since the release. It was a top 3 out of nowhere. Then weeks pass and its been on a constant drop. Remember the Marketcap is still in the billions. There are a lot of money within ICP. I believe it will go back to 100-140 dollars or beyond. I have a Target of around 30 Dollars, after that, we should be able to start climbing up.
ICPI do like this range bound price action. I dont know what this token does. Zero research was done. If it dumps - I deserve it. If it pumps - see last sentence to tell you why I think its a place to add this invaluable asset.
Nothing excites me about it but I do like rising triangle and clear zig zag chop
Would like to see it back at $80
PS: Those of you that watch my posts and think that I know something - I don't. I am a pajama pants gambler and a noob so treat all my posts as entertainment Sunday newspaper material only.
Also, Harvest Full Moon is tonight so we gotta get that harvest. The moon is going to give us the pump.
ICPUSDT Technical Analysis
⏳ Spot
💎 ICPUSDT has been moving along the ascending channel. The price has got supported by the green rectangle and could not break below it. How ever there is a chance that it goes lower to $52 and then moves higher.
🏁 Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 52.00
☕️ TP1 89.00
🍺 TP2 124.00
🍻 TP3 _____
🍾 TP4 _____
🍷 TP5 _____
🍸 TP6 _____
🍹 TP7 _____
🎁 TP8 _____
🚫 SL 46.00
Good Luck 🎲
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ICP - strong accumulation 😲🚀🌖The bull market continues and the pattern of accumulation is working very well right now. A recent prime example is ETH. The price was in accumulation for a month, after which there was a breakout of the upper limit of the accumulation and a strong rise. Now you can see a similar picture on the ICP chart. You can try to buy and hold as a medium-term spot position or wait for squeezing and breakout of the $77 level.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ICP/USDT (Bullish Daily Breakout?)💎Technical Analysis Summary💎
ICP/USDT
-Internet Computer has finally broken the daily resistance area
-This is a good sign after 30 days consolidation above 54 dollars
-If the bulls can turn the old resistance to new support
-Then expect a further upside move up to $100 or higher
-By looking at the structure above, the potential strong resistance is at $120-$137
-That would be a perfect sell area for swing traders who entered before the breakout
-Our current trade on this coin is already in profit and we got the sweet spot
-I'll be moving my stop-loss at BE to protect my capital
-Good luck everyone and make sure to book some profit along the way
⚠️Please always read the description⚠️
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Icp - bearmarket ahead? If ICP doesn't brake above the ristance, I see a bearmarket till next year!
My targets are then 10 dollars!
Everything depents on the big investors, if they are not willing to buy soon. Bearmarket it is.
Maybe they need to wait after court untill things are cleared out? And show some more usecases before big investors are willing to buy?
Time will prove, but I still don't see enough buying power. More rejections and dumping then real support to be honest.
Plus we are dealing with a double top also..
Brake it ore make it. ICP haves a few mountains to climb anyway...
ICP - 12h. Growth prospect to $100The last weeks of trading on the cryptocurrency market give us all intrigue and uncertainty. The price of bitcoin stopped at the critical range of $48,000-50,000 and market participants calmed down. Over the past 4 weeks of trading, volumes have steadily decreased weekly from $38 billion per day to $27 billion.
The fall in daily trading volumes of bitcoin has reduced its impact on other cryptocurrencies and made it possible for new and easy crypto projects to "shoot". Therefore, while the bitcoin market is now drifting at low volumes within the limits of consolidation, we will talk about the ICP cryptocurrency.
Weekly, we analyze the TOP-10 cryptocurrencie s by daily trading volumes and record a video forecast for the week. Unfortunately, ICP did not make it into this TOP, but it got as close as possible to it.
With a trading volume of $1.36 billion per day, ICP ranks 12th and is as close as possible to the notorious DOGE ($1.6 billion). However, if you compare the local trend of these two coins, you can see that the ICP market is building a trending movement up and is ready to continue to grow.
On the chart, we can see that the consolidation in the ICP market lasts longe r than in the DOGE market. Considering that bitcoin allows alcoins to independently move their prices, the main question for an investor is which cryptocurrencies will start growing first?
It is known that there are not enough new volumes on the market for all cryptocurrencies to start growing at the same time. Therefore, first of all, you should choose those coins that have already proven their strength both in trading volumes and in activity. On the chart, we see that the ICP price did not allow updating the local lows on August 18 and 27. At the same time, DOGE is successfully updating the lows and its buyers are not yet showing any desire to actively buy.
In this example, we have shown two types of altcoin s that are currently available. The first type, such as SOL, SAND , ICP, are ready for new peaks, while others - DOGE, DOT, BNB and others - strive to continue consolidation.
Some specifics on the ICP market
The main achievement of buyers in the recent period in the ICP market is taking control of the range of $53-56:
The chart clearly shows how important this range is for market participants. Buyers have broken through this range at high volumes and now the process of consolidation is underway to continue the growth to $100. Depending on how strong the turbulence in the cryptocurrency market will be, the ICP price can start growing from either $64 or $57.
For long-term investors, this range is good for buying. In this case, the risk per position will be approximately 10-13% . This cryptocurrency is in our long-term portfolio and in the portfolios of our long-term partners, whose deposits we manage.
In case of an error, the ICP price on large volumes should first break through the $53-56 range and subsequently fix below it on a large timeframe (start consolidating). In this case, the fall in the price of Internet Computer will continue to the range of $40-45. This is another liquid zone where we will gladly buy this cryptocurrency if there is such a chance.
P.S. For the most conservative investors, you should control the ICPBTC chart and enter only after retesting the liquid range 0.0015-0.0016
It is at the moment of price fixation above this range that the security level of entering a position will be maximal.