ICP is tying hard to break its downtrend!!Technical analysis: #ICP (Daily update)
* ICPUSDT is try to BREAKOUT the Fallingwadge pattern, the beginning of an uptrend is expected from here.
*The price is trading ABOVE 21- MA but try to break the 50 MA as well as trend line , LOOK too bullish when it will trade above the both MA's as well as downtrend. it could start new really to $100 or more soon!!
* RSI above the 50 that's means bulls are upper hand and also try to break its resistance, if it broken then ICP will take momentum from here..
Take Profits,
TP1= @ $62.62
TP2= @ $75.86
TP3= @ $99.39
TP4= @ $136.71
next to the moon lol
SL=close BELOW $35 on daily bases.
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Internetcomputer
ICP bat or crab#ICPUSDT
$ICP struggle to break out from descending resistance , if success to break it out then will rise to resistance zone that is a strong resistance of harmonic pattern. break above this resistance zone will lead price to $120 to complete BAT pattern and maybe $200 for CRAB pattern.
if price break down from support zone this scenario will be invalid.
ICP BULLISH CURVE IS NOW Bullish curve is happening and we expect 50% to 80% price increase, news look good, buying flow is increasing and ICP market has a well confidence level at this price.
Our option for #ICP is BUY IT.
Please do your research before any trade or any investment, make your own decision, be patient and look long term wisely.
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Have a profitable day.
| Review and analysis by Samadi.Finance |
ICPUSDT Trading idea for investors. (work with complex%)A brief overview
channel work, compound percentage, retention levels, and volume.
It is worth noting that the squeaks down became more frequent. Which speaks of knocking coins out of weak hands.
On an illiquid exchange - anomalous volume.
(analog of a shiba inu coin)
Work in a descending triangle with level retention. Open positions on the breakdown of one of the borders.
There is an option to work by pyramiding and also in the second level (if the price goes down) to work from the $ 24.5 zone
BUY when they say scam, sell - when they say "cool project"
The work of a large player on a pair of ICP / BTC (accumulation channel) is visible
For those who do not know how to trade this pair, please do not enter, trade only in USDT as it is stablecoin (not volatile)
ICP clear scenarios for this bullrun by end of year or 2022 Q1It's as simple as this. The fib levels are almost always correct to some point.
The Fib golden ratio is about 1.618, so lets hit that 1000$+ mark. ;)
Be safe and take this as a type of lesson of fib levels, not a financial advice. The whole world can be eaten by giant alien until the end of the year, so basically do your own research and only invest what you can afford to lose.
Hit a like and follow for some more trend analyses. Have a beautiful and profitable week!
ICP clear scenarios for this bullrun by end of year or 2022 Q1It's as simple as this. The fib levels are almost always correct to some point.
The Fib golden ratio is about 1.618, so lets hit that 1000$+ mark. ;)
Be safe and take this as a type of lesson of fib levels, not a financial advice. The whole world can be eaten by giant alien until the end of the year, so basically do your own research and only invest what you can afford to lose.
Hit a like and follow for some more trend analyses. Have a beautiful and profitable week!
ICP is going to have a MASSIVE breakoutTypically descending triangles are bearish distribution patterns but sometimes they break to the upside. Typically the volume will decrease as the pattern gets closer to the apex and generally you'll see a decline in the RSI but you can see that ICP has increasing volume as we get closer to the apex, plus there is bullish divergence on the daily RSI. The money flow indicator is a volume weighted RSI which shows massive divergence between the price action and the oscillator to the upside. In short, when ICP breaks out it will be massive.
ICP currently struggling. Be careful at this moment.Hey, hey! I am 200% for the project and i believe in it, but we have to follow the chart so we do not get burned.
Currently ICP is struggling and in the next hours or day we will see if we can keep the push upwards or it falls again to its support levels (check chart for info)
The bad: We have a huge head and shoulders pattern on daily chart since 21, July and if it drops we are moving down to $30
There is a small head and shoulders on hourly, if it drops we move down to $40
The hourly volume is showing a decrease in the last 3 days. That is a bearish sign.
If it goes under $42 , then we have broken the upwards channel and moving to $40
The good. We are keeping a new channel that is going up for the last 3 days. If we can break the downwards trendline then ICP is still bullish and not going down. The MacD levels are low on all charts that is always a bullish sign that there is a lot of room to grow.
We still have a hidden bullish divergence on the daily RSI, that is bullish too.
And we are at the bottom of BB bands, that is a sign that there is a room for upside if it can keep its momentum.
Supports zones at: $40 - $37 - $35 - $29
Possible upside: Short term 46-56 $ long term in this last part of bullrun until 2022 spring 300-1200$
Keep it safe and do not overleverage, it mostly ends with u loosing your hard earned money.
Thank you and hit a like and follow if you want me to update you on more on ICP and other great projects. :)
Have a wonderful week!
Buy opportunity ICP/USDTA few days ago I drew a scenario where I see a buying opportunity when the price goes above $45. The price has moved above this resistance today. Not very extreme, but in an interesting way.
Fib confirmation
The Fibonacci level is between .649 and .81. Combine this with other factors (see drawing) and I expect an increase to $68. I have a spot trading for longer-term and a leverage position as in the chart.
Risk
The disadvantage is that there is no uptrend yet so that consolidation can continue. Always do your own research and have good riskmanagement.
ICP ready?ICP has just broken out the falling wedge. Bullish price pattern. It may retest the support trendline, but I expect an acceleration upwards.BB is shrinking, suggesting high volatility ahead. It just previously completed the primary trend wave 1, wave 2 was completed with the touch of 0.618 fib retracement target: first target 78, second target 130, Final target 262. I will, however, sell most of it at 175, just in case, it is a wave C, considering the previous downtrend.
Internet Computer (ICP) Has Been Consolidating Will Get to $60Internet Computer (ICP) has really been squeezing in between $42.00 - $50.00 for the past month. Not much volatility has been happening with ICP it's just been moving sideways for most of October. It has not been up to pace with most of the market this month. When coins are moving like this these are the ones I like to keep an eye on. The majority of the trading has been at around $45.50 since July which is serving as the point of control (POC) for Internet Computer. It's becoming clear that a lot of accumulation has been happening in the mid $40 level for ICP.
Essentially Internet Computer is striving to become a decentralized global computer that is geared toward cryptocurrency ecosystems. It's still a relatively new project and it has very strong crypto institutional backings. Once it fully breaks past it's current resistance of $53.00 I believe we will se ICP back in the $60 levels. The a nice amount of upside from these the lower to mid $40 range and we're still mellow on the RSI. Keep ICP on your radars!
Support: $42.50
Short Term Resistance: $48.55
Resistance: $53.00
Much peace, love, wealth, and health!
ICP/USD - Another rally in the making? $100 possible! 🚀ICP seems to be in the early stages for a nice pump that can double its price.
As you can see on the chart we completed a second double bottom and if history is of any indication, we should soon expect a pump.
We have a first resistance at $55, but I don't think that can hold the price from exploring higher levels. The better target is around $100 or the 23% Fib level.
Therefore, good to consider a position before the rally starts and be patient. Support has so far held well.
What do you think about this coin? It corrected over 90% after launch when ICP was over $400. Seems we could get a nice bounce towards $100, at least. The indicators are also primed, including on the BTC pair.
Like and follow if you liked this idea!
ICPUSD - Internet Computer LONGEDThe project hits a niche market, has a huge crew, a lot of capital for promotion and development.
Cena built a basement between $ 40 and $ 67, after leaving this region we should see a serious move towards the North.
The predictions of the popular Polish crypto influencer - CryptoBirb have contributed to very accurate dates and possible price levels, which I suspect we will achieve.
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. :)
ICP Looking GoodICP with a nice double bottom there was also a nice cup and handle that played out in the shorter time frame. Id expect the RSI to cool off a little bit and give more room to run. I think we could see a drop back down to support before we blast off. This is all of course dependent on bitcoin moving sideways but even when bitcoin corrected a bit ICP stayed strong. Lets see what happens.
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