$ICP bullish trend change in process2D Heikin Ashi just turned green after a long downtrend.
We just got a breakout on the 3hr ichi. Will buy on a retrace to the support levels on the chart and that should start a longer term trend change higher.
ICPUSD
ICP :) About time =) Well, its not been the best of times to get a foothold in the market and ICP seems to be doing some catching up today.
ICP 6h Got a bottom and growth to $130 or down again by $10?Although The Internet Computer was founded in 2016, life was started in late 2020 with the launch of the alpha mainnet.
On May 10, 2021, a global decentralized Internet computer with open source was launched.
Each ICP service token holder can control the global Internet computer.
This coincidence of news and action helped the price of ICPUSDT soar to $600, but since then the price has been falling non-stop for 1.5 months.
And yesterday, on June 27, huge volumes appeared on the chart, which can theoretically be regarded as a signal that the bottom has been groped.
If this is the case, then buyers should not be allowed the ICPUSD price to drop below $30-34 in the coming days.
Confirmation of the strength of buyers can provoke further growth in the price of ICPUSDT to the zone of $110-130
A price decrease below $28-30 may provoke a continued fall in the value of the ICP token in search of a bottom, and the next level for a rebound may be $10-11
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bottomFirst higher-low ICP has printed during a swing low since beginning of June (2HR). The only other one before that was exactly one month ago - May 24. I think sellers are exhausted. Could still go lower depending on BTC movement. But ICP is way oversold due to unfortunate timing (release during hard BTC correction, also overpriced relative to reputation). waiting to see what happens.
The bottom for ICP-USD?Could this strange confluence of trend lines finally be the bottom for ICP? I felt that surely my trend line drawn from the low of the coinbase opening range on May 10th would be the end - my last possible level of resistance drawn, yet it's teetering on the bring of failure at this point as well, with a double bottom on the hourly.
Despite its' obvious sympathy for Bitcoins' whims, I keep watching and waiting for a sign that we've reached the bottom for a curl up of ICP. I think there is wide range upside to be had here. While the concept and "fundamentals" for ICP seems to be light on concrete physical actions, and heavy on lofty aspirations, it does seem to be a solid enough foundation for some level of consumer buy-in. I personally believe that it has potential for a good trade and wonder when this endless march downwards will end. I would appreciate any insight from those more qualified than me.
Perhaps we must just wait until the Head & Shoulders on the daily for BTC is over... see that idea here:
Thanks in advance.
ICP BULLISH INTERNET COMPUTER ICPBTC ICPUSD ICPUSDT ICPUSDCICP BULLISH INTERNET COMPUTER ICPBTC ICPUSD ICPUSDT ICPUSDC
ICP/USDTFundamentals are really interesting for this project and having great potential in long term. Now available at great dip and likely to show reversal here.
Buy some ICP here and Hold.
If you liked my idea, follow me for more 🚀
Manipulation much? ICP (imo) has been experiencing heavy manipulation for several weeks now. I'll go over a few of the possible reasons I think this is the case.
Very simply, the first is greed. I think this is the root of any manipulation of any market although, there can be other causes at times.
The second and more devious, but very possible reason, is threat. ICP presents an industry changing technology that could take power away from those that have it over cloud services and the internet. Just think about this for a minute - BigTech, corrupt government, regulation.. They all have this in common - using the internet as a means to manipulate and control.
ICP is taking the control of cloud and internet services out of the hands of any single entity and placing it into the hands of anyone that wants to hold it. Any application or software service or platform doesn't have to worry about being rejected by BigTech or negative influence from high officials (which as we have seen, leads to rejection by BigTech e.g. media, twitter, facebook, amzn, goog)
so the theory is this.. possible manipulation coming from any entity that is now at risk of losing control of their monopoly.
ICP is what software engineers have been imagining since blockchain tech was introduced by bitcoin. To be able to build and deploy software services and applications to a platform that is managed by the developer himself. To control the internet is to control the world.. and ICP is taking away that control from those that have it.
ICPUSDT 4 hour analysis ICPUSDT seems that the correction is finished with and five wave elliot.
it broke the trend line and now is going to finished pullback.
this token is valuable, so you can buy it for Long-term
Goodluck.
Adam & Eve Double BottomsAdam & Eve Double Bottoms: Overview
Adam is a term that describes how the bottom looks, in this case, a narrow, pointed bottom, perhaps with a one-day downward spike. Eve bottoms are more rounded looking and wider. If they have spikes, they tend to be more numerous and shorter. Many times the difference between Adam and Eve is the width of each over their entire height. Adam bottoms tend to remain narrow but Eve bottoms widen over their height. When trying to decide which is which, ask yourself if the two bottoms appear different or similar. With Adam & Eve, the two should look different (the first narrow and the second wide).
Adam & Eve Double Bottoms: Bull Market Results
Overall performance rank (1 is best): 17 out of 39
Break even failure rate: 12%
Average rise: 43%
Throwback rate: 67%
Percentage meeting price target: 69%
TARGETS:
T1- 157$
T2- 174$
T3- 195$
T4- 224$
STOP: 90$
ICPUSD ⚡️ For the future $2500-$5k+ "Range 2 - 3 years" 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.
ICP is going to BOOM ?!We have 2 factors that will help us decide what to do :
1. The volume rduced in an downtrend it means seller are out of the game
2. Just look at risk/reward ratio!!!
3. You can count on ICP project
