ICP update - Neutral for nowICP update:
I drew the support zone a little too far, so I fixed it. This is from my previous chart (right below)
The support zone has held as mentioned, and the price has moved also exactly as predicted.
Now we wait for a nice formation to follow. Currently it's not doing much.
I will keep it updated if I spot something
ICPUSDT
ICP update - bullish momentumAll those still holding from my previous charts, well we are coming to the red resistance zone as highlighted
It may 1) break this and go higher past $10.30 2) come down to breath for a little and then go up again.
Ive highlighted all the Take profit levels on the chart.
Internet Computer analysis; ICPUSDT Update 📈📉HEY, what's up guys ?!
Since 05 Jan 2022, when Lastly updated Internet Computer coin , it has been declining till now .
it wasn't able to continue its rising and as other altcoins slummed!
but today as you see on the daily timeframe again for ICP/USDT , after a little consolidation phase around lower support zone , a little has jumped recently , so it can continue to rise and test this major descending trendline , and if be able to break it out ,it can reach the higher resistance level and zone, and likewise even see the vwap line , but then I expect a possible rejection at higher resistances lvls again ! so we can count on both long then short position !
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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ICP ready for a riseICPUSD is forming the bottom.
Pullback can occur, however we don´t expect it to retest previous lows.
Mid-term target: 17 $
We expect ICPUSD to rise together with other crypto in August.
In early September after reaching the target , sell off expected.
Time to accumulate ICP is now.
ICP impulse, and a potential Great Short!BINANCE:ICPUSDT
COINBASE:ICPUSD
BYBIT:ICPUSDT
Internet Computer (whatever that means) ICP had a massive move, 32%, on a tiny 3.4mil in Volume (not $, just tokens). This was a parabolic move, shorting ICP is high risk, as general stats are yet to show weakness.
General Stats:
Daily RSI: 63.35
Daily Volume % change: 150.20%
Setting up a Short trade , I'll see how it reacts to a recent Golden Pocket, 7.90 - 7.80
Price must break below the GP
Price retests GP and gets rejected
Short Entry around: 7.8
Short Target #1 : 7.40
Short Target #2 : 6.70
Short Target #3 : 6.27
Internet Computer (ICP) forme bullish Cypher for upto 32% pumpHi dear friends, hope you are well and welcome to the new trade setup of Internet Computer ( ICP )
On a daily time frame, ICP has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Internet Computer vs Tether (Huge 300%+ Potential)The Internet Computer (ICPUSDT) is still trading below EMA10 weekly, which signals short-term bearishness but we can expect things to change.
The huge increase in trading volume in late May is what gives it away.
And the potential is big here... Over 300%.
This pair remains oversold... Again, things will change.
Note: Remember to have a plan/strategy ready before you decide to trade.
There is always risks involved...
This is not financial advice.
Thanks for the support.
We'll see you tomorrow.
I am done. I have books to read.
Can't be here playing all day.
Namaste.
Is #ICP ready to big movement ?Hello SorooshSchool guys ,
As you can see , #InternetComputer in it's USDT pair retested the base level at the area of 6.5 dollar and if total start continuation to the upward , #ICP can make good movement from current support area
Targets are marked on the chart
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ICP Update bearish $4 - $5 incomingUpdate from previous chart (linked below)
ICP's recent breakout was not a long signal because it did not close above the $13 mark which is required for a trend change.
The reason for the rise in price over the last week was due to the Web3.0 convention that takes place annually and these Web 3.0 coins usually see a quick pump and dump that happens. You can literally track to the exact minute before the convention started to how the price rose, and then as soon as it died down, the price dumped.
Don't get fooled.
My bearish stance still stands on ICP
I am expect the next fib level of 2, at $4.86 to be hit, where it will see a little bit of buying pressure and price will increase. If it doesn't increase, then easily $2-3 is next.
Previous idea:
Two Targets For The Internet Computer (128% Followed by 295%)The Internet Computer has gone bullish vs Tether (ICPUSDT).
We have a broken downtrend;
A bottom being formed;
Volume breakout;
Strong RSI.
This all points to higher prices.
We are mapping for your two targets on the chart.
128% followed by 295%.
Thank you for reading.
Namaste.
Internet Computer Chart Analysis Multiple TF (Plan Ahead)This is the daily chart for ICPUSDT (Internet Computer)...
It goes straight to the point, the signals:
1) Higher low;
2) Strong RSI;
3) Bullish breakout...
Now let's look at the weekly timeframe which is the one I wanted to show you.
We will use the TD Sequential with candlestick reading.
These two do good together since the Japenese used to count the candles as well.
ICPUSDT Weekly Timeframe (main chart)
We have a very strong downtrend/bear market, going on on the left side of the chart.
After March downward momentum builds up.
We end up with a Doji 13-June.
This Doji at the bottom of a trend is a perfect textbook reversal signal.
This is supported by the -9 candle right before it, signaling that the move is already going for too long.
We are likely to see a trend reversal.
For trades, strongly bullish above $4.60.
Secure profits on the way up...
It will get confusing after 2 weeks but this is only a relief rally which will be followed by red; planning is necessary for success.
Namaste.
ICP may target $11 areas in the coming weeksICP may target $11 areas in the coming weeks
Everything I am saying is just a personal opinion