ICPUSDT
ICPUSD leg lower watch.
So is the honeymoon period over for the crypto recovery over TradingView community? Looking at several coins, we can see a similar pattern setting up. ICPUSD looks to be more on the weaker side so we have zeroed in on this coin.
Here are the points that have us looking for a new continuation lower. The counter-rally looks to have stalled. Sellers continue to pepper today’s price action. The last high looks to be an LH maintaining the normal pattern of trend. The MA and CCI both remain bearish.
It comes down to today’s session. Will we see a break of minor support signaling seller momentum is back? If sellers can take hold and beat support will also be looking for a break of the LL to show that the downtrend is looking to continue.
Good trading.
ICPUSDTMid Term ICP way either long or short there is simple trade set up.
If we break below the triangle with pullback and confirmation we will open short to the green levels mentioned.
Or if we break above the triangle and pullback with confirmation we will open a buy long for the brown levels mentioned.
Good luck.
ICPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ICPUSDT
The price is fluctuating in a descending channel and now it is reaching the bottom of it. Now we have the price in the support zone and it is fluctuating over the support line. We believe it can move to the height of the channel and reach the resistance line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
Project With An Actual UseInternet Computer (ICP) is a decentralized blockchain network that was officially launched in May 2021 by the DFINITY Foundation with a global goal to push the boundaries of Internet functionality and support smart contract development at a larger scale.
With Internet Computer, absolutely anyone can create software and run it on the Internet; any user can get acquainted with blockchain technology, any developer can create a DeFi application.
All work processes take place in a decentralized network on special equipment, whereas many other blockchains run on the cloud.
Internet Computer is primarily about speed: the ICP cryptocurrency works at web speed.
ICP is backed by the crypto industry, with respected investors including Andreessen Horowitz, Aspect Ventures, Electric Capital, CoinFund, Fenbushi Capital, LedgerPrime, Multicoin Capital, SNZ, Scalar Capital, ZeroEx, Intl., a16z Crypto, and Polychain Capital.
ICP losing values since day1.
Right now we are in a strong downtrend in the weekly chart and there is no sign for bullish movement.
But for the next cycle this could be a pretty good buy since it has a lot of instutional investors and actual usage to improve blockchain technology.
Always invest in tech. I do believe in the next cycle this project can reach its ATH areas.
Thanks.
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ICP investments zones for 2023-2024BINANCE:ICPUSDT
I think around June/July 2022 we possible to see the bottom on ICP around 9-5$ this range price
Usually coins which is have a great investors and big fonds on the launch they will come back after a year or 500 days to pump and manipulate price this coin again.
In almost total disbelief zones if Bitcoin drop to 30 or 25 We can see $ICP around 6-5 dollars.
Targets is 50% fib 100% fib and 1.618 level by FIB so its around 5000% gains.
Just for long term.
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ICP middle term trade. 150% pumpBINANCE:ICPUSDT
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Possible Targets
➡️On D timeframe we can after or before 4 May (FRS meeting) drop to -0.27 level by FIB
➡️Targets to open LONG - 12.85 / 11.39 / 9.54
➡️ Usually when we trade in -0.27 zone on Daily fib its a good trade for LONG. Take profit 0.38 and 0.5 lvl by FIB
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ICPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ICPUSDT
As you observe, the price had more fall when it was rejected by the first resistance line. At the present, it has a fluctuation over the support line and we believe it will move to the resistance line. Pay attention to the stop-loss.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck