ICPPERP
Dfinity (ICP) • Above resistance and Trending Dfinity just broke resistance range. Volumes also look good for possible uptrend.
This coin got destroyed last months but it is now looking good for possible 330 levels (50% of whole correction from ATH)
Marketcap: $12B (#17)
Open interest: $6.97M
Funding Rates: Flat
ICP big upside potential! = buy while it's timeThis chart really reminds me a lot of the situation at FIL in Feb 2021 ...
ICP showsnice #cupandhandle pattern after (relative) long accumulation! Moreover look at this beautifully increasing bullish volume!!!
This coin can melt our faces...
Small leverage allowed but be careful and use stop loss!!! :-))
Internet Computer (ICP) • Potential setup ICP is looking here good for possible entry with clear stop under the recent local low.
Worth to explore long setup here.
Like many other alts this is an illiquid market and heavy dependent on what happen to Bitcoin and rest of altcoin market.
This can quickly go to zero so be careful with risk allocation. ICP is highly speculative.
I also outline few interim target zones where we are likely to see some resistance.
Trading bellow $38 invalidates setup.
ICPUSDT ewt analysistwo possible scenarios from here, buy indications are starting to flash though, so a decision needs to be made today - we hit the .50 recently for what looked like an a-b-c into the 2.
normally i'd love for an asset to get down into the golden zone for a wave 3 swing, so i am a bit weary getting in right now.
would love to hear anyone else's thoughts \ opinions on this.
thanks in advance.