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Internetcomputer

ICP going for it's targets?Hi guys Mr.Karimi here with the ICP chart today. As you can simply see ICP has multiple Targets that I have gained using the Pivot Points Indicator that normally gives perfect targets in my experience. It has formed a consolidation area inside a box and it managed to breakout of the top of the box pullback to the fresh Support level and aim for higher targets but unfortunately BTC didn't let this happen. so I'm still bullish on this one as long as a it hold this box and this level. What's your idea about ICP?
Long
by Mr-Karimi-ir
6
#ICP #INTERNET_COMPUTER Technical Analysis#ICP Technical Analysis View the classic patterns of double bottom and triangle along with drawing movement channels as well as assisting Fibonacci levels and obtaining cluster ranges. According to the items specified for the triangle pattern target, the initial targets of this pattern is range 88 and the next targets are 111 & $ 128. On the other hand, according to the double bottom pattern, the targets of this pattern are between $ 93 and $ 123. By putting these together, we get to the cluster boundaries. So according to the mentioned cases, the possible price targets for the next one to 4 months are: 1- 89$ 2- 111$ 3- 123$ The break-even point for this analysis is the consolidation below $ 54 Suitable range of entry: 69-63
Long
by KhaniTechnical
6
ICP: decided to buy some for hodling.Hello everyone I decided to finally buy some ICP here, at x2 of all time low. If you look at the prices this project has reached before.. it might go back slowly to there. Considering 2 lines have been broken and a cup and handle is made on the bottom. Also a parabolic price development is to be seen. Burning.. big plans that could change crypto.. this is "one of those projects" we need to hodl q few of.. even at #17 marketcap. I bought 10 for longer term.
Long
by Bitcoinleverage
$ICP/USDT 4h (Binance Fut.) Descending channel under resistanceInternet Computer Protocol (formerly known as Dfinity) has broken bearish after ascending TL was lost. Now retesting 50MA resistance, we expect to bounce back on it and continue the retracement down. Current Price= 63.24 Sell Entry = 63.98 - 67.14 Take Profit= 58.63 | 53.85 | 49.48 Stop Loss= 71.42 Risk/Reward= 1:1.18 | 1:2 | 1:2.74 Expected Profit= +21.14% | +35.72% | +49.06% Possible Loss= -17.88% Fib. Retracement= 0.382 | 0.5 | 0.618 Margin Leverage= 2x Estimated Gain-time= 10 days
Short
by TradingOn
ICPUSDT 4H long setup Breakout of descending TL while in uptrendTA explained ICP is in a clear uptrend, trending above the EMAs on the 4H TF. Price just broke out of the descending trendline with this 4H candle which will close above it in 22 minutes (if nothing unexpected happens). Going for a swing long on this one This is the bigger picture and the reason for the 3rd target: Trade setup Best entries: 60.85 - 65.86 TP1: 75.3 TP2: 90.44 TP3: 103.21 SL: 56.03 RR: 5.47 Max leverage: 1x ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford to lose (of course)
Long
by MattieDsCryptoLounge
ICPUSDT (Internet Computer Protocol) - Coin of the Week The Internet Computer is the world's first blockchain with unlimited capacity that runs at web speed. Along with Bitcoin and Ethereum, it is the third significant blockchain innovation — a blockchain computer that scales smart contract computation and data, executes them at web speed, quickly processes and saves data, and offers developers with sophisticated software frameworks. The Internet Computer offers a full reimagination of software by allowing tokenized internet services, cross-industry platforms, decentralized financial systems, and even traditional corporate systems and websites to be built. Technically, ICP is in a big weekly downtrend. When we look at the 4h timeframe we see that the price structure made an all-time low a few days ago when the price reached 26.88 USDT per ICP. After that it bounced right back to the upside and now it is consolidating in the 35 USDT price area. The odds for a move to the first resistance area or a retest of the low is 50-50. If you are a long term investor this is the time to add to your position. Keep in mind that we are in a big downtrend. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
by financialflagship
16