Internet Computer $13.00 ➥ $23.00The cryptocurrency Internet Computer (ICP/USDT) is forming an interesting entry point for buying upon a price breakout of $13.325 on the Bybit exchange on the 12-hour timeframe.
The stop is set below $12.659.
The nearest target area is $23. The long-term target could reach $99, according to orders on Coinbase.
ICPUSD
ICP NEW UPDATEWith the passage of time, the correction structure is now better defined. After the triangle on the left, we have an ABC, which wave B is a diametric diamond.
We are expected to move from supply to demand
The continuation of the icp movement should be like this.
We have specified the targets on the chart.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ICP - can 1093% this year! Buy now.ICP looks really strong; the uptrend just started, and I am expecting another 1093% pump in the immediate short term. We can see that the price is moving in this ascending bullish parallel channel, and we have a lot of space for growth. From the Elliott Wave perspective, wave 1 ahs been completed, and wave 3 is usually the strongest wave. You do not want to miss this uptrend. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
The ICP token has three main utilities. Firstly, ICP provides a source of “cycles” that are burned to power computation (thus when ICP is converted to cycles, it disappears, creating deflationary pressure). Secondly, ICP can be staked in the permissionless Network Nervous System DAO that governs the Internet Computer blockchain, creating voting neurons that generate voting rewards. Thirdly, ICP plays the role of a store of value, for example allowing users to invest in decentralization sales run by web3 services.
ICP inefficiency about to be fillICP is the trade that caught our attention today... After a long consolidation below we see good movement to the upside but unfortunately ICP facing huge resistance on 4hrs and 1hr TF....
When ICP pumped previously we cool see a CHoCH in 4hrs and 1hr TF to the downside with an inefficiency left behind...I'm expecting ICP to fill the inefficiency today and mitigate the unmitigated bearish OB on 1hr TF.... Be patient for the entry and manage your risk
Follow for more market update and trade setup
ICP sell/short setupA large degree triangle is finished. A pattern of the same degree as this triangle is expected to form. That means we will see correction both in time and price.
We are looking for sell/short transactions in the SUPPLY range.
The targets are marked on the chart.
Closing a daily candle above the red range will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
trade inrenge (ICP)📊Analysis by AhmadArz:
🔍Entry: 11.82
🛑Stop Loss: 12.01
🎯Take Profit: 11.53
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
ICP long term 📌 analysis#crypto #dyor #nfa
LSE:ICP - macro 📌 analysis ⏰
👉 If month close above $8.4 ~ no new low 🔅
Until then it can go lower side lines 📍
SUPPORT :: $1.8-2.47 ( #BUY phase 2 )
:: $3.8-4.8 ( #BUY phase 1 )
Resistance 📌 $8-25-36-75-95-175 +++
I don't know where top 🔝 target going to end 📌 for next bull 🐂 based on bottom and recovery 🤠 we can confirm 😜
Be in group 👍 later I will update chart 📉
Manage ur risk and accumulate i recommend below 10% liquid 💰
My strong target is $25-35 📌
📌
ICP will continue in the parabolic trend, time to buy?ICP looks really strong; the uptrend just started, and I am expecting another 300% pump in the immediate short term. We can see that the price is moving in this ascending bullish parallel channel, and we have a lot of space for growth. From the Elliott Wave perspective, wave 3 is in progress, and wave 3 is usually the strongest wave. You do not want to miss this uptrend. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
The ICP token has three main utilities. Firstly, ICP provides a source of “cycles” that are burned to power computation (thus when ICP is converted to cycles, it disappears, creating deflationary pressure). Secondly, ICP can be staked in the permissionless Network Nervous System DAO that governs the Internet Computer blockchain, creating voting neurons that generate voting rewards. Thirdly, ICP plays the role of a store of value, for example allowing users to invest in decentralization sales run by web3 services.
ICP Optimal Key Levels for 1900%+ Return CaptureDate: January 13, 2024
(Long term 700+ days Outlook)
Key Levels and Analysis:
ICP is currently trading near the support level of $12.871, which is crucial to hold for maintaining the bullish scenario.
The chart shows a potential risk-reward setup based on pivot projections. The conditional probable boundaries suggest a tiered approach for upside targets, with the immediate resistance at $18.171 (Boundary 1), and subsequent resistance levels at $22.818 (Boundary 2), $30.380 (Boundary 3), and further significant levels beyond.
Risk-Reward Projections:
The optimistic projection of a 1900%+ return considers a trajectory from the current price towards the uppermost conditional probable boundary at $249.957. This boundary lies within a significant pivot extension and is considered an ambitious, long-term target.
Risk management should focus on the immediate support levels. A breach below the near-term support at $5.686 could indicate a bearish reversal and serve as a trigger for stop-losses to protect against larger capital erosion.
Z-Score Probability Indicator:
The Z-Score is currently indicating a heightened level of deviation from the mean, suggesting that the price is in a highly volatile phase. This could imply that ICP is experiencing significant momentum that, if sustained, may lead to a continued uptrend.
Optimal Entry Points and Strategy:
Long Entries: Considering the potential for a high return, long positions could be considered around the key support levels, specifically if the price shows signs of bouncing from these points.
Risk Management: Given the volatility indicated by the Z-Score, a conservative approach with strict stop-losses is recommended. This mitigates the risk while maintaining exposure to the upside potential.
Furthermore interacting with the ICP Ecosystem and exploring a DeFi Delta Neutral Strategy can appealing to reduce downside longterm exposure.
Conclusion:
ICP's technical structure highlights the potential for substantial returns if the current support levels hold. Investors considering entry into ICP should monitor these key levels closely and align their risk appetite with the significant reward potential outlined by the pivot indicator projections. The market dynamics of the crypto space necessitate real-time analysis and adjustment to strategies as new information surfaces.
This analysis is for informational purposes only and does not constitute investment advice. Always conduct your own due diligence and consult with a financial advisor before making investment decisions.
#ICP/USDT LONG#ICP
We have a strong bullish flag that has been positively broken upwards.
Currently the upper limit of the flag has been broken to the top.
Expected growth of the pair with correction before completing the ascent
Price now 4.95
First Goal 6.18
Second Goal 7.27
Representing 170% of the current price
We have oversold on MACD.
ICPUSD: Bullish despite today's decline.Internet Computer remains bullish on its 1D technical outlook (RSI = 68.393, MACD = 1.900, ADX = 40.337) despite today's strong selling as it maintains the parabolic rise structure. It is about to test the 0.382 Fibonacci level, but the horizontal Resistance is slightly over it at 23.7500 (R1). This is our target (TP = 23.000) and after that we will wait for a 1D MA200 pullback to buy for the next rally (TP = 55.0000).
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ICP will thriveICP holders had a hard time after the FTX manipulation disaster, most of them are trapped in the 30-100$ range. A lot of people sold out of frustration. It will be a choppy road but if the right catalysts kick in this coin could go way past 150$ like MSTR (MicroStrategy) did back then to 400$.
ICP can head to $11.11 by maintaining support above pink channelWe can see its noticeably above the pink channel here. If it can maintain solidified support on the top trendline of the pink channel it should validate the breakout and it’s target will be $11.11 …currently we can see the other channel seen here is brown is still resistance at the moment but on the way to the target from the pink channel breakout we will need to also break above the brown channel and flip it to solid support too. Once we do, its breakout target is a little bit higher than the pink ones target so as we head to hit the pink channel breakout target, will likely also hit the slightly higher target of the brown channel breakout as well. *not financial advice*
ICP Detailed ChartAs mentioned before, ICP coin broke out from $3.50 and reached the range of $9-10. Later, I shared another analysis and mentioned that it was trying to return from around $9.80, and if it can hold here, it could go up to $15, but if it can't, we might see a reversal around $7.50. I tried to explain this more clearly and explicitly in this chart. If the market is still in a bullish season, ICP will initially attempt the $13-15 range. If it can break this range and continue the uptrend, it will target the $20-22 range.
As the year-end approaches, it's advisable to be cautious. Generally, the market experiences a drop before the year-end. However, the expectation of the Bitcoin ETF is keeping the market strong.
I wish everyone good luck and a happy new year.
ICP Did It! What is Next?In my previous analysis, I had mentioned that ICP coin would rise from $3.60 to $8.20. Despite ICP dropping from $500 to $3, it is still a strong project and my favorite coin. Unfortunately, due to VC involvement, the coin that had fallen so much has finally started to show a strong uptrend.
What is next? RSI is oversold, and price made a huge pump (+%50) since yesterday. Therefore, I believe ICP will make some corrections. As I point it out in the graph, if it starts to do some correction, I believe around 7.50$, we will see some reversal to go up to 15$. If it doesn't stop here, it can directly go to 15$, but I believe it will rejected from there and will do some corrections. In that case, I will publish a new analysis.
This is my trial. Not a financial advice.
Secend jump (ICP)❤️❤️Thanks for boosting 🚀 and supporting us!
📈breaked last resistance by big candle and bullish trend.
📊 (Buy) : 8.258 - 7.213
🔴 Stop Loss : 5.480
🎯 Take Profit : 10.266 - 11.903
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
Wait for ICPIt appears that ICP is at a crossroads in terms of decision-making. If it manages to rise above the 200-day moving average (MA), it may pick up momentum and potentially experience further growth.
However, if it falls below the 50-day MA, the ongoing downward trend could persist.
Please note that this is not financial advice, but personally, I'm inclined to consider buying if it can maintain a position above the 200-day MA.