ICP - UpdateICP Update
1D/4H Charts
Still bullish creating new HH and HL structure whilst breaking out of corrective wave downtrend with volume intension. It’s been picking up liquidity from the daily demand creating a series of pin bars and Dojis and now showing marubozu candle on the previous daily which is a good sign the bulls are now in control and momentum is upwards. MACD on both daily and 4H showing good momentum.
Currently in this trade still from my previous analysis posted in my telegram channel on October 13th. Expecting a continuation and reclaim of the major trend as we continue with bullish momentum across alts
ICPUSDT
ICP - is going to breakout this trendline 😲🚀ICP - preparing to break the local trend line.
Good buying opportunity after breaking or retesting the trend line as support.
But there are a lot of traps in the market right now, so be prepared for a false breakout.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
$ICP Potential Double BottomICPUSDT has formed a double bottom pattern, which could indicate a continued uptrend. In the past, this pattern has played out well for this coin and I think the chances of it working again are solid. If we bounce here, on the larger picture, it would mean a higher low and potentially a new emerging uptrend for $ICP. Good Luck!
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ICP triangleBroke out from this descending channel,
formed symmetrical triangle and running out of space soon,
this black ascending (black) channel is not confirmed yet,
only element of this possible channel is support trend line that held as support 3 times already
indicators looks OK and ready to go up,
Only enemy is rising BTC dominance, and attention that BTC got,
worst than that could be potential BTC dump (but talking about it is heresy right now)
So this possible move up have real chance that it could be delayed, or even canceled...
Be careful,
Good luck traders
ICP - Massively underrated project with huge upsideHey! Il keep it simple on ICP, check the chart to see my comments.
I have made a huge research on this project and from what I have gathered I am 200% in on it for the short term and long term.
I believe ICP can reach a target of 500-1000$ by end of this year and up to 2000$ on 2022.
ICP plans are like the start of the 90's when internet was something that no-one had seen before and if they succeed then it will be as large as if not larger than BTC or ETH, raking it in the top5 coins in next year or two. But this is a bullish scenario if the whole market moves up.
Basically it will be the blockchain mother of all new blockchains in the future, bringing true decentralization. As we know currently none of the crypto projects is truly decentralized because the whole internet is managed by few huge companies and ICP plans are to change that and give back the power to the people.
This is not a pump shill fun coin , this is a massive project with real world problem solving solutions and they are pioneering the way.
I agree to disagree with you if our thoughts are not the same. This is my personal opinion on what I have researched. I even can't comprehend the tech that is behind it. There is a lot new to learn.
So the Technical at the moment:
Possible drop to 26-35 range and then heading up.
Best scenario we hold the 40 zone that is a strong support at the moment and we go up from this point.
Worst scenario it goes to bear market and drops even under 26. In that case I would be happy to buy even larger bags.
Thanks and have a wonderful day and safe trading!
Hit a like and follow if you support my idea. :)
ICPUSDT - Long or Short? some thing we need to notice!BYBIT:ICPUSDT
1H trend chart
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Long
Price has stopped falling since hit high on 10/6 and keep consolidating now.
We can expect it is going to break out the long-term downtrend line.
If this downtrend line is taken out, there is a timing for entry.
But I suggest to long after confirming the price stands firm at $45.48(blue horizontal ray)
Short
A potential Head and Shoulders pattern is forming...
Therefore, should be very careful if the lower uptrend line is broken out.
I prefer to long it, so if it does as we presume above, trading strategy as below.
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Profit Targets:
a) 47.48----Fib(1)
b) 49.51~50.34----Fib(1.272~1.382)
c) 54.96----Fib(2)
Stop losses:
I will provide it depend on the timing I open position.
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or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
₿ ICPUSDT 1D ₿ : 16.Oct.2021This analysis is a check of the chart in a Daily time frame and everything is clear on the chart and does not need additional explanation ... However, if you have any questions, be free to ask .
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 16.Oct.2021
⚠️(DYOR)
Internet Computer vs Tether Going Bullish (ICPUSDT #2)I've been drawing this chart several times now but my "wonderful" Apple laptop decides to reset the page each time and delete everything... Useless Safari/MacOS so I guess we get no drawings.
Here we have Internet Computer (ICPUSDT) turning now bullish and this supported by multiple signals.
We had a low back on the 20th of July after which a bullish move showed up peaking 6-September, we end up next with a higher low and things are starting to turn.
We can see the trading volume leaning towards the bulls/green.
We have prices moving above EMA10.
As a signal, the recent higher low between 26-Sept. and 13-Oct. cannot be overstated.
This is the giveaway telling us of higher prices.
I can't believe I wasted thousands of dollars on this laptop but ICPUSDT doesn't care and is ready to move up.
I've mapped mutliple targets for you...
There were better drawings... Sorry.
Thanks a lot for your support.
Namaste.