ICP longICP bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 7.8 is expected to happen.
ICPUSDT
ICPUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: market and lower
Targets: 7.5 - 9.5 - (~11.5)
after first target reached move ur stop to breakeven
Stop: under 3.5(depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 6
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
ICP: Pullback in UptrendThe Internet Computer (ICP) technical analysis:
Trade setup : Following a bullish breakout from Sideways Channel ($3.50-$5.00), indicating bullish trend reversal, price also broke above $6 resistance with big volume, resuming Uptrend and reached our target of $7.50 where it was met by profit taking selling from traders. Pullback near $6 support could be an attractive swing entry in Uptrend.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $6.00 (previous resistance), then $5.00. The nearest Resistance Zone is $7.50, then $10.00.
ICP GOLDEN CROSS 1st Time in HistoryBy looking at the MA 50/100/200 on the daily frame it's possible to see that ICP has make the 1st golden cross of it's history, with a big pump on transaction volume behind it, especially on the buy side.
At this time everyone in the crypto world is starting to realize that ICP launch was manipulated by Sam Bankman-Fried, at the prejudice of retail investors.
You can check Bit boy's video for more detailed info on this: www.youtube.com
The Dfinity foundation is developing the Internet Computer, and has seen its adoption grow with the release of more and more applications based on its ecosystem, and an increasing number of developers joining the project and developing applications on it.
You can check all this out at internetcomputer.org
Another extraordinary development has been the recent possibility of integrating BTC through the ICP network's smart contracts, called Cannisters.
ETH integration is coming soon, allowing developers to develop ETH applications through the ICP network, with extremely low costs and infinite scalability.
www.coinhustle.com
cointelegraph.com
If you still doubt this is the best tech in the market, please have a look at the >6000 transactions per second, and already almost 2 billion blocs on the network.
dashboard.internetcomputer.org
Despite being already at 2bn Market Cap in a Bear Market, I trully believe ICP has the possibility to go on a 100x streak within the next few years.
Check this out, the use cases and the awakening is happening. Italian brand using ICP:
www.bsc.news
"Dfinity has announced a partnership with FEDERITALY to use the technology of the Internet Computer to verify products “Made in Italy” and confirm product labels on the blockchain.
FEDERITALY is a non-profit clothing federation that will incorporate the security, speed, and trust of Dfinity’s Internet Computer to certify that products are “100% Made in Italy,” according to a press release shared with BSC News. FEDERITALY will give each product a QR code that will hold the blockchain data on the Internet Computer which corresponds to the product label, guaranteeing the accuracy of the label."
Even Vitalik Buterin realizes ICP is the main competitor of ETH, but I believe ICP will be an integrator more than a competitor. You can check it out too:
www.youtube.com
I hope this helps some of you take a deeper look into Dfinity and $ICP and see the potential of this ecosystem.
Check this comparison of ICP with the other networks made by reddit users:
ibb.co - I hosted it to a popular image host website, it's totally safe.
Thanks, hope you enjoy it!
ICP new leg up?NFA & DYOR
Icp has a nice run lately, still I am kinda missing one more leg up to ema 200 on daily.
My view :)
GL
Internet Computer #icp ideaICP found strong resistance at the 0.786 but it's only a matter of time before we break above it
ICP to the MOON! AI Forecasts ICPAccording to the forecast you can long ICP.
We recommend to buy ICP in long-term portfolio
Have a nice day!
ICPUSDTHello dear friends
It seems that after the $11.55 range is consumed, the possibility of continuing the upward trend can be considered.
The condition of the upward trend is to maintain the price floor of $3.36.
We would be happy to hear your comments
ICP Breakout Major ResistanceHello Traders,
The web3, AI, and data narratives in blockchain are getting hype lately and i think it will be new trend. Especially data service such as indexing, oracle, etc., because it will be the foundation of web3 and AI including ICP project.
Based on Dfinity roadmap, ICP not only want to be a full web3 infrastructure but also make defi run on its own network that will attract a lot of liquidity. This vision is shown on the chart itself that ICP was showing strength since early of 2023 and just breaking out the major trendline resistance on btc pair from 4H - Daily time frame.
Possible short term target 3400 - 3700 sats
Midterm target 4600 sats
Can wait for pullback below 2900 sats to entry
Cheers!
ICP retest targeticp just exploded like the past 2 weeks never happened its right back where it should be but it went there overnight so we must expect a retrace and 10 percent to 6.50 lines up with a few confluences
Icp Getting Ready formed Descending Channel In Daily Timeframe While Ma50 & Ma200 Golden Cross About Ahead Incase Of Breakout Expecting 180 - 200% Bullish Move
Wait for Confirmed Breakout To Ride This flight
ICP Small correction before we go UP!As I told in my previous analysis, ICP broke very important 486 days long falling channel. We also broke the 4.60 resistance which is nice. Now, market is a bit overpriced since RSI are really high. So I expect small correction before more up movement till 9.80.
I will open position around 4.80-4.60 according to the reaction on that interval. Good selling point is 9.50-9.80.
This is my trial. Not a financial advice.
(ICPUSD) has good growth potential to values of $14.30Bitcoin has shown growth to values of $25,000. By April and possibly including the month of April, Bitcoin may gradually reach around $30,000.
Altcoins currently have good entry points for a mini alt season.
Stop profit trade at a 1:7 ratio.
I have selected coins that are interesting to buy in this mini alt season and that have potential for growth.
— The coin ICP is a buy point at $6.20
— The zone ICP for profit-taking is $14.30
The price is likely to decline furtherThe first important support of the ICP is considered in the range of $4.6-4.8, but due to possible selling pressure, and because the last ceiling and floor in the 4-hour timeframe have not yet been broken to the upside, the price is likely to decline further. On the support side, there is a support range of $4.4 to $4.3. Therefore, considering the good price movement in the daily timeframe, we expect a strong positive reaction from these two support levels. Also, using the Fibonacci correction tool, the support range of 50% of the correction wave has been placed on the first static support, so this support is more confirmed.
Icpusdt Testing Trendline Testing Trendline In Daily Timeframe
Incase Of Breakout Expecting 200 To 250% Bulish Wave
Keep Eyes On That entry Can Be taken Once trendline Got Cleared
NOTE Always Wait For Breakout To Be Confirmed And Keep In Mind Icp Will Remain Bearish Until trendline Breakout
Short if break FLAG-pattern (ICP)Short if break FLAG-pattern by short from High 2-leg in Breakeven to last trading reng
ICP Trading plan for those who are out of position / long setupSo , today I decided to share with you my trading plan for this coin , this is due to the fact that most likely now a lot of people have missed the growth and comfortable entry points for altos , and in the market as a whole , and there are probably such among my readers , too , so right now I will tell you the whole plan for recruiting positions with excellent medium - termgoals .
Let 's start with the current situation , we have a clearly formed head and shoulders figure , its border is broken , which means it is confirmed . I believe that the price will continue its decline to the key support block of 5.2-4.9$, this decline fits perfectly into the structure of the market, it will demolish the stops on a similar decline in Bitcoin, thereby cooling the overheating. Why is the decline in this particular block ? This. the range is very strong and valid , and also confirmed by time , pay attention to how the price reacted in these price values .
Now , after we have identified a block that is comfortable for a position set , we begin to gradually gain a position , in this range we gain 50% of the allocated amount and put a stop that I marked on the chart , the execution of this stop in my opinion breaks the ascending structure and shows weakness . In general, you scored 50% of the amount that you allocated for this transaction and set a stop, now it remains for us to observe and get a position according to the buyer's reaction (noted on the chart), IT is IMPORTANT to do this on a clear confirmation and fixing on local time intervals (4h), so you have carried out another set already with CONFIRMATION that on our market is extremely important .
Congratulations, the main work is done, now we are just waiting for the full absorption of sales (falling) and already after the breakdown of $ 6.1 we add the final remaining amount to the position and hold it to our goals, after a bold breakdown and exit for $ 6.2, you can safely transfer the stop to no loss, it is important to note that your amount of addition should decrease, thatit would be hard not to shift your entry point .
If you have any questions about the transaction , I will answer in the comments , write . There are also a lot of current setups on the channel . Good luck in trading
ICP longICP bounced off the ascending trendline and bounced off the support area. Bullish movement to resistance level at 6.13 is expected to happen.
ICPUSDT Analysis - 2 February 2023Hello Guys, Today's Analysis is on the ICPUSDT Symbol in a 15M Time frame, I Hope it Will be Useful for You, Don't Forget to Like, Follow, Comment
Internet Computer #ICP updateWhat is the Internet Computer and ICP?
The Internet Computer blockchain incorporates a radical rethink of blockchain design, powered by innovations in cryptography. It provides the first “World Computer” blockchain that can be used to build almost any online system or service, including demanding web social media, without need for traditional IT such as cloud computing services. As such it can enable full end-to-end decentralization.
Bottom of the ascending channelThe ICP support ranges are considered at $4.5 and $4.9, which can have a positive reaction. We expect the continuation of the upward trend from the desired support range. This week, if the bottom of the ascending channel is broken, the main wave could end, and a correction could begin.
ICP: Approaching ResistanceThe Internet Computer (ICP) technical analysis:
Trade setup : Bullish breakout from consolidating in a Sideways Channel ($3.50-$5.00). It’s now approaching 200-day moving average (resistance) around $6 and it’s overbought (RSI ~ 70), so it’s likely to get rejected here and pull back some near-term. Wait for price to either 1) break above $6 to resume uptrend with upside potential to $7.50, or 2) pull back near $5 support for a swing entry.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $5.00 (previous resistance), then $3.50. The nearest Resistance Zone is $6.00, then $7.50.
#ICP/USDT [Internet Computer]: Elliott_Wave_12345We've identified an Elliott Wave 12345 pattern on the $ICP/$USDT chart. This pattern is a bullish indication and could indicate a potential trend reversal. We may consider buying at the end of wave 5 at the current price price level.
