ICP 6h Got a bottom and growth to $130 or down again by $10?Although The Internet Computer was founded in 2016, life was started in late 2020 with the launch of the alpha mainnet.
On May 10, 2021, a global decentralized Internet computer with open source was launched.
Each ICP service token holder can control the global Internet computer.
This coincidence of news and action helped the price of ICPUSDT soar to $600, but since then the price has been falling non-stop for 1.5 months.
And yesterday, on June 27, huge volumes appeared on the chart, which can theoretically be regarded as a signal that the bottom has been groped.
If this is the case, then buyers should not be allowed the ICPUSD price to drop below $30-34 in the coming days.
Confirmation of the strength of buyers can provoke further growth in the price of ICPUSDT to the zone of $110-130
A price decrease below $28-30 may provoke a continued fall in the value of the ICP token in search of a bottom, and the next level for a rebound may be $10-11
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Internetcomputer
ICP The weird one Hello traders and investors.
first of all, based on the technical analysis we could open a short position.
but as you may know, we can't rely on technical analysis for such new materials in terms of lack of data.
unfortunately, ICP doesn't have good fundamentals too but why?
there are multiple reasons and Ill make an article about it in near future.
for now, let me say briefly.
I've been following the news about internet computer since last year and I was so excited about the public release but as soon as it got available in exchange I got shocked and I can say I cancelled All my plans to buy it, how the hell it could be in top10 market cap?
in public seed sale in 2017 ICP price was 3.5 cent, in 2018 first public seed sale price was 67 cent and in 2018 second public seed sale it was 4.5$, so there is not much more to say about that.
the other thing that doesn't sound legit is all their 88 nodes run by them, I cant call it decentralized.
let me know what you think about ICP in the comments
It is not a piece of financial advice, Always do your own researches.
Let's go LONG ;)A clear breakout has occurred in the 4 HR timeframe. The price might continue to go lower above the descending trend line but it seems that it cannot reach lower than 20$. It may take a while for a sharp start, but high targets are reachable within the next 300 candles in the 4 HR timeframe (300*4 HR=50 DAYS). This coin has a great fundamental situation.
🆓Internet Computer (ICP) June-22 #ICP $ICPICP after falling very strongly in the past few days, it has approached the only support area at the moment, the $35 zone, where there may be a buying force to help it recover to the $55 and $70 areas. in early July. However, if it continues to lose this zone, we won't have any support left.
📈BUY
🔴Buy : 34-36$. SL if B
📉SELL
🔴Sell : 53.5-56.5$. SL if A
🔴Sell : 68.5-71.5$. SL if A
♻️BACK-UP
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
shark or cypher reversal AB=0.61 XA
after it lost $101 the crab harmonic pattern has eliminated.
shark and cypher:
BC=1.13 AB=$76
cypher:
BC=1.41 AB=$64
shark:
BC=1.6 AB=$53
targets with $76 reversal assumption:
tp1=0.78 BC=$177
tp2=0.88 XA=$293
tp3=1.13 XA=$404
tp4=1.6 BC=$437
tp5=2 BC=$659
tp6=2.24 BC=$855
ICP - Internet Computer: $50-$60 SlideDFINTY (DFN) now listed as ICP
SOMETIMES A COMPANY CHANGES NAMES & THEY REBRAND SO THAT THEY CAN RINSE A NEW CONSUMER BASE
The retail investor never had a chance
*LISTED HIGH intentionally.... the way it was pumped, it was always going to fall this hard.
Dumps to $50-$60usd
Private Pre-Sale:
coincodex.com
Aug 01, 2018 — Aug 31, 2018
Price$ 4.00
Tokens for Sale23.30M
Softcap $97.00M
ICP, Triangle-Formation With Potential Breakout Ahead!Hi,
Welcome to this analysis about ICP, we are looking at the 4-hour timeframe perspectives. In recent times ICP has moved on to somewhat build a potential bottom in the structure besides that I discovered a interesting formation which is a descending-triangle-formation marked in my chart with the waves A to C almost already completed and now ICP is about to consolidate further in the structure building up for the breakout above the upper-boundary which will finally emerge when ICP moves above the upper boundary and closes there as it is marked in my chart to confirm the breakout-setup and show up with further continuations in which it will approach the upper target-zone from where the dynamic needs to be elevated anew. For now, it will be important how ICP manages the potential breakout as mentioned.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"Good luck is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the market.
Internet Computer (ICP) Have We Finally found the Bottom?Internet Computers chart is looking very very juicy from a technical standpoint. A front page cryptocurrency in the top 11, has Coinbase listing, has over a $10 Billion market, was recently dumped, and now going sideways. These kinds of chart setups don't come too often, usually after a cryptocurrency is released, pumped, dumped, then flatlined.
It' seems like ICP is holding a sturdy support of $100+ in this Elon Musk engineered bear trend. When Bitcoin temporarily traded at a low of $29,000 from the flash crash; Internet Computer (ICP) did hit an all time low of $89 but it was quickly bought up.
But can we go lower? Yes depending on how Bitcoin feels, but so far on Bitcoins worse day ICP traded at an all time low of $89. I do believe ICP will get picked up from these prices in this overall bull market. Like I said I'm keeping a heavy eye on this project and this chart.
Cheers! Much peace, love, health, and wealth.
ICP not moving. Begin weighing in?ICP has been down for a few days. This is my favored crypto. It is being hailed as the third major crypto tech innovation. Bitcoin being the first, and Ethereum the second.
I won't pretend to understand all of this stuff, but the words I read made it seem pretty cool. My attempt to synthesize information is telling me that the new tech will give developers the freedom to think and build in different directions than they were previously able. This would then allow them to make new and different things.
This information is totally useless to me, because I don't understand the limitations of the previous system in the first place. But, it's new and it's technology, and it's different.
---
A lot of coins had a good day in the market, meaning some money came back into crypto. Is this a good time to increase the % of your long term holds into crypto? I may start shifting in.
Adam & Eve Double BottomsAdam & Eve Double Bottoms: Overview
Adam is a term that describes how the bottom looks, in this case, a narrow, pointed bottom, perhaps with a one-day downward spike. Eve bottoms are more rounded looking and wider. If they have spikes, they tend to be more numerous and shorter. Many times the difference between Adam and Eve is the width of each over their entire height. Adam bottoms tend to remain narrow but Eve bottoms widen over their height. When trying to decide which is which, ask yourself if the two bottoms appear different or similar. With Adam & Eve, the two should look different (the first narrow and the second wide).
Adam & Eve Double Bottoms: Bull Market Results
Overall performance rank (1 is best): 17 out of 39
Break even failure rate: 12%
Average rise: 43%
Throwback rate: 67%
Percentage meeting price target: 69%
TARGETS:
T1- 157$
T2- 174$
T3- 195$
T4- 224$
STOP: 90$
ICPUSD ⚡️ For the future $2500-$5k+ "Range 2 - 3 years" The Internet Computer is the world’s first blockchain that runs at web speed with unbounded capacity. It also represents the third major blockchain innovation, alongside Bitcoin and Ethereum — a blockchain computer that scales smart contract computation and data, runs them at web speed, processes and stores data efficiently, and provides powerful software frameworks to developers. By making this possible, the Internet Computer enables the complete reimagination of software — providing a revolutionary new way to build tokenized internet services, pan-industry platforms, decentralized financial systems, and even traditional enterprise systems and websites. The project was founded in October 2016 by Dominic Williams, and attracted notable interest from the crypto community. DFINITY raised a total of $121 million from contributors such as Andreessen Horowitz, Polychain Capital, SV Angel, Aspect Ventures, Electric Capital, ZeroEx, Scalar Capital, and Multicoin Capital, and several notable early Ethereum supporters. In 2018, over 50,000 registerter participants received ICP utility tokens in an airdrop. On December 18, 2020, DFINITY launched the alpha mainnet of the Internet Computer. In a final step towards decentralization, on May 10, 2021, DFINITY launched the Internet Computer into the public domain. This major milestone means that the internet now functions as a decentralized global computer — marked by the release of all of the Internet Computer’s source code into the public domain, as well as ICP utility token allowing tens of thousands of community members to govern the Internet Computer network.
ICPUSDT, A coin with bright future. Internet Computer ProtocolHello my friends, Everything is clear on the chart for you like always. This coin has a bright future and in the good price for hodl in long time. Good luck.
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ICP INTERNET COMPUTER PROTOCOL PRICE PREDICTION HOURLY ICP/GBPPrice Prediction on ICP Internet Computer Protocol for the hours to come. I believe and confirm confidently that we are in a bear market and this applies to every crypto out there including Bitcoin which controls all prices so please make sure to keep up to date for my Bitcoin price prediction.
ICP / USDTWhat is the Internet Computer (ICP)?
The Internet Computer is the world’s first blockchain that runs at web speed with unbounded capacity. It also represents the third major blockchain innovation, alongside Bitcoin and Ethereum — a blockchain computer that scales smart contract computation and data, runs them at web speed, processes and stores data efficiently, and provides powerful software frameworks to developers. By making this possible, the Internet Computer enables the complete reimagination of software — providing a revolutionary new way to build tokenized internet services, pan-industry platforms, decentralized financial systems, and even traditional enterprise systems and websites. The project was founded in October 2016 by Dominic Williams, and attracted notable interest from the crypto community. DFINITY raised a total of $121 million from contributors such as Andreessen Horowitz, Polychain Capital, SV Angel, Aspect Ventures, Electric Capital, ZeroEx, Scalar Capital, and Multicoin Capital, and several notable early Ethereum supporters. In 2018, over 50,000 registerter participants received ICP utility tokens in an airdrop. On December 18, 2020, DFINITY launched the alpha mainnet of the Internet Computer. In a final step towards decentralization, on May 10, 2021, DFINITY launched the Internet Computer into the public domain. This major milestone means that the internet now functions as a decentralized global computer — marked by the release of all of the Internet Computer’s source code into the public domain, as well as ICP utility token allowing tens of thousands of community members to govern the Internet Computer network.