ICPUSDT
2 Scenario for ICPICP is a victim of VC's. I have no idea why the the team messed up on tokenomics so much. I believe ICP drawing a Falling Wedge on Log Scale. It touched the lower band of that falling wedge. Since it is a long run investment for me, I bought some ICP on 19$. There is a FED meeting on 26 and I believe Market will decide its direction after that meeting.
In any case, Lets make our guesses.
Scenerio 1: ICP will increase to the 30$ range and break that pattern to upside and more increase can be expected.
Scenerio 2: ICP will increase to the 30$ range and fall back to the lower band again... I hope not, but I am still saving some money for this case.
This is my trial. Not a financial adviice.
#ICP daily candle closed below the supporting up trendline#ICP daily candle closed below the supporting up trendline and price dropped back to the support/ flip zone too. Currently, price is still bearish, so no buys unless any sort of confirmation. If this support break then we can see easy drop till $24.
By @cryptoAXEN
ICP - The best crypto play of 2022?- 95% down from ATH (capitulation)
- Been in downtrend/accumulation, even whilst other top 100 coins had alt rallies.
- Lower low on the weekly with bullish divs
- Lots of empty space to run into
I'm aiming for $250 by Dec 2022, a gain of >600% from the current price of $34.
We will see if this prediction ages like milk or wine in just under a year!
Ciao.
ICPUSDT Ready To Take OffICPUSDT (Day Chart) Technical analysis update
ICP/USDT currently trading at $35.00
Descending channel formation
Buy level: $35.00- $38.00
if price breaks above the resistance level , we can expect big up move.
TP 1: $55.00
TP 2: $75.00
TP 3: $100.00
TP 4: $125.00
Stop loss:$22.00
Max Leverage: 1x or buy it on spot market.