Icpusdtanalysis
ICPUSDTThis is a 1D frame analysis for ICPUSDT Taking into account that the price has reached close to our dynamic support area, we can expect to see an increase in price like before. However, keep in mind to always have your stop loss active, as if the price breaks below our support line, we can expect lower numbers. Those who don't want to take risks can wait for the price to go a bit higher and get more signs of an uptrend before entering the trade.
ICPUSDT Elliott Waves Analysis (Local Setup)Hello friends.
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Everything on the chart.
Entry: market and lower
Targets: 4.6 - 5 - 5.5
after first target reached move ur stop to breakeven
Stop: under 3.6 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions
Icp/usdt Plan Icpusdt
As we can see icpusdt looks bearish on daily timeframe , I am expecting price to test the Upper trendline resistance and drop down because here it will face double resistance , trendline + 50ema
Let's see
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Internet Computer (ICP) formed Gartley for upto 121% rallyHi dear friends, hope you are well and welcome to the new trade setup of Internet Computer (ICP) with US Dollar pair.
Recently I shared a short-term trade setup for ICP, which is still in play as below:
At the same time, on a long-term weekly time frame, ICP has formed a bullish Gartley move for massive price reversal.
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 (ICP) formed bullish Cypher for upto 14% pumpHi dear friends, hope you are well and welcome to the new trade setup of Internet Computer (ICP) with US Dollar pair.
Our last successful trade of ICP was as below:
Now on a daily time frame, ICP has formed a bullish Cypher move for another price reversal.
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.
Revolutionizing the Internet with the Best Blockchain TokenIntroduction:
In the rapidly evolving digital landscape, blockchain technology has emerged as a transformative force. Among the numerous tokens available, ICP (Internet Computer Protocol) stands out as the pinnacle of innovation and efficiency. With its robust architecture and seamless integration capabilities, ICP is poised to revolutionize the internet and reshape the future for major corporations worldwide.
Unveiling ICP's Potential:
ICP, developed by the DFINITY Foundation, represents a paradigm shift in the decentralized internet space. By leveraging a unique combination of blockchain and advanced cryptography, ICP enables a multitude of applications, services, and smart contracts to run natively on the internet itself, eliminating the need for traditional centralized infrastructure.
Enhancing Scalability and Security:
One of the key advantages of ICP is its unparalleled scalability. Unlike many other blockchain networks, ICP is capable of accommodating massive numbers of users and applications without compromising performance. By utilizing advanced protocols, ICP ensures fast transaction processing and significantly reduces latency, making it the ideal solution for high-volume environments.
Moreover, security is a paramount concern for any digital enterprise. With ICP, companies can enjoy enhanced security through the network's immutable and tamper-resistant nature. By providing a trustless environment, ICP eliminates the need for intermediaries, reducing the risk of data breaches and ensuring the integrity of transactions.
The Future of Major Corporations with ICP:
As we peer into the future, it becomes increasingly evident that major corporations will embrace ICP as the backbone of their digital operations. With its vast potential, ICP can revolutionize various industries, including finance, supply chain management, healthcare, and more.
Financial institutions can leverage ICP to streamline payment systems, enabling faster cross-border transactions and reducing costs associated with intermediaries. Supply chain networks can benefit from ICP's transparent and auditable nature, ensuring traceability and authenticity throughout the entire process. Additionally, the healthcare sector can harness ICP's secure infrastructure to protect patient data, enable interoperability between systems, and enhance the efficiency of medical research.
Conclusion:
ICP, the crown jewel of blockchain technology, holds the promise of transforming the internet and empowering major corporations. With its unparalleled scalability, security, and versatility, ICP is poised to revolutionize industries and drive innovation. As the digital landscape evolves, embracing ICP as the best blockchain token is not just a choice but a strategic imperative for enterprises seeking to thrive in the future. Get ready to embark on a transformative journey with ICP, where the possibilities are limitless.
Internet Computer ICP price has a chance to "get off its knees"?When will the ICP price finally come to life?
Many investors are probably asking themselves this question, because since the listing of the ICPUSDT pair, its price has been falling all the time, from $600+ to the current $4
The team chose a bad time for listing, at the peak of 2021, and since then the cryptocurrency market was captured by a protracted downward trend.
We have neither the desire nor the technical knowledge to delve into the fundamentals of the project, but we can share our thoughts on what we saw on the chart.
For almost a year now, there has been a prolonged consolidation in the range of $3.30-8.30 . Consolidations usually involve a set of positions (both longs and shorts), and given that it is not too far from the current price to "zero", we can assume that a large long is being taken.
It can also be assumed that a global Double Bottom pattern is forming, with a 1st global target of $17 , but this will clearly not happen soon.
If you believe in the bright future of the Internet Computer project, then you can buy ICP for your investment portfolio.
Conservative entry long above $7
Entering the long at a price below $7 is a great risk of getting stuck with a deposit in consolidation for months. In addition, the price of ICP can also easily update the minimum.
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ICP buy low - sell high - range tradingICP has been in the range since the summer 2022. Currently the price is at the lower boundary of the range.
BTC.D is at the resistance and the potential mini alt season may be around the corner.
Buy low, sell high.
Targets are shown on the chart.
Everything below 5 $ is a premium entry for a swing trade.
ICP/USDT 2023The comparison between Internet Computer Protocol (ICP) and Ethereum in terms of advantages depends on various factors and perspectives. Both platforms have different approaches and offer distinct features. Here are some specific advantages of ICP compared to Ethereum:
1. Scalability: ICP is designed with a focus on scalability, aiming to provide a solution that can efficiently handle a high volume of transactions and activities on the network. Ethereum, on the other hand, has faced scalability challenges, especially during network congestion periods, as seen during the NFT (Non-Fungible Token) boom in 2021.
2. Transaction fees: ICP proposes potentially lower transaction fees compared to Ethereum. This can be advantageous for applications that rely on a large number of transactions or for users looking to avoid high transaction costs.
3. Confirmation time: ICP aims to significantly reduce transaction confirmation time, allowing for a faster user experience compared to Ethereum.
4. Governance: ICP has a decentralized governance model, which enables network participants to contribute to decision-making and platform development. While Ethereum also has a governance system, ICP may have a more accessible and open approach to user participation.
However, it is important to note that Ethereum is currently the most established and widely used blockchain in the cryptocurrency and decentralized application space. It has a robust community, broad adoption, and supports a variety of smart contracts and tokens. Ethereum is also undergoing major upgrades, such as the transition to Ethereum 2.0, which aims to address scalability and efficiency issues.
The choice between ICP and Ethereum will depend on the specific requirements of a project or use case, as well as individual preferences. It is recommended to research and carefully evaluate the characteristics, features, and limitations of each platform before making a decision.
ICP/USDT - ICP Token: Poised for Explosive Growth?ICP (Internet Computer Protocol) is a blockchain-based protocol that aims to revolutionize the way we interact with the internet. ICP's token, also called ICP, is the native digital currency of the Internet Computer ecosystem.
ICP is designed to power the decentralized internet by providing a secure and efficient means of executing smart contracts and other decentralized applications. It operates on a consensus mechanism called the Threshold Relay, which allows for high-speed processing of transactions with low latency.
One of the key features of ICP is its ability to support smart contracts written in multiple programming languages, including Rust, Motoko, and C. This makes it easy for developers to create decentralized applications on the ICP network.
ICP tokens can be used to pay for transaction fees, stake in the network, and participate in governance decisions. The total supply of ICP tokens is capped at 469 million, with around 155 million currently in circulation.
Since its launch in May 2021, ICP has garnered significant attention from investors and developers alike. It has quickly become one of the most valuable cryptocurrencies in the market, with a market capitalization of over $10 billion as of May 2023.
Despite its rapid growth, ICP is still a relatively new technology that faces many challenges and uncertainties. As with any emerging technology, it is important for investors and users to conduct thorough research and understand the risks associated with investing in ICP.
In conclusion, ICP and its native token have the potential to transform the way we interact with the internet and bring about a new era of decentralized applications. Its innovative technology and strong developer community make it a promising project to watch in the coming years.
Internet Computer (ICP) formed bullish Shark for upto 62% rallyHi dear friends, hope you are well and welcome to the new trade setup of Internet Computer (ICP) with US Dollar pair.
Recently we caught more than 57% pump of ICP as below:
Now on a 4-hr time frame, ICP has formed a bullish Cypher move for next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ICP inverted head and shoulders patternICP looks mega bullish.
Recently we posted trading idea where we explained that ICP has been in the range since summer 2022:
In this publication we would like to present another reason why ICP is bullish.
What we can see on the chart is a potential inverted head and shoulders pattern which is mega bullish.
The right shoulder is in a development phase . Once it's done, and we get a breakout we should see a masive move.
Technical target from this pattern would be around 12,70$.
You can also take profit at 9,78$ which is the top of the range and final target from our previous idea.
Overall ICP looks bullish and it should rise in the next days and weeks.
We are buying ICP. What about you?
kind regards
ICP long Term Key Major ResistanceWhen ICP launched I saw the thing basically get flushed down the toilet. I was it at some point up in the TOP 10 for a while and I couldnt believe it. Where did that thing come from? |What is that?? Ever since then I kept an eye on it and everything tells me this is one of the must hold for the new cycle. There is almost NO resistance on the way up so we might get a SHARP spike up to the golden pocket before we hit any type of accumulation.