ICPUSD LONG?Keeping an eye on Internet Computer at $30/$40 at all time low. Descending price action but first trade would be upto first target around $60 then if and when it breaks descending trend line would look to $80 or even $100.
ICPPERP trade ideas
ICP in long accumulation ready to breakout?Internet Computer DFiniity looking ready for a start to breakout after a very prolonged accumulation this period. In part this was due to the valuation at launch and reality came back given the token issuance, but now looks ready for a potential mark up.
A lot can mess this up like a gray swan event with crypto market tanking.
Decision timeFull disclosure: New to this, so take advise accordingly. Not pro advice.
Looks like price has a good likelihood of going up in Dec. Currently in a wedge, w RSI trying to turn bullish and MACD also trying to turn bullish. Already in, so fingers are crossed. First target 61-64
ICP/USDT possible breakt outIf we will be possible to break thid ressistance level, i expect a very nice move to the upside :)
2 W's for the WIN say two W's forming on ICP and its time to repeat the pattern ...just calling out the trend and taking advantage to profit
icp Long swingicp had a clean 5 wave impulse recently, and retraced back down perfectly into the golden zone.
i think this has the potential to make a run to the 100% extension in the months ahead, if btc decides to be bullish.
i'm feeling kind of optimistic with crypto, despite some of my bearish outlooks.
the way i see it, if i'm wrong about the bear case, then i at least have some long exposure going forward.
caught icp near the bottom of the wick earlier, and i've a decent stop loss on it.
setting & forgetting this one.
if i get stopped, so be it.
🍑
ICP Setup.Based only on my assumptions not a trading or financial advice do your own ta thanks trade with care good luck.
ICP BullishWe went from the sky to the pit with ICP and then had a decent break upward to $86, and then we fell down.
But I think we've bottomed and are headed up!
This is not financial advice.
Algorand vs ICP dump and bounceBoth fundamentally strong projects that got overvalued at the top of a bull run. Both dumped more than 90% since launch. ICP seems to have much more strength as can be seen from the first bounce to 0.382 fib retracement.
Are you selling the bottom of ICP?I just wanted to share this ascending channel with the community. I have been following ICP very closely for the last few months and have noticed that the logarithmic lines of support and resistance inside this ascending channel have played off pretty well. As long as we remain in a bull market I do believe we will reach $158 at minimum by the end of December. My price target however is between $250-300 in the event of a FOMO driven blow off top.
ICP done w retest?Full disclosure, first published idea…
I think this has broke and is done retesting. Could see 62, 76, 88, then 104+ if structure holds? Stop loss around 41 depending on risk level?
Opinions and comments appreciated. Self education so helpful criticism is encouraged and appreciated
At least 250$ (500%) per ICP this cycle - not financial adviceLevel 250$ is on 1.618 fib level, we only need to break blue resistance
ICP Daily Head and ShouldersThe Price of ICP has been in a downtrend for months now.
We have seen a breakout to the upside from the 5th of Nov, taking the Price to $58.
If ICP is able to hold the trendline, then we could see in the coming weeks a potential break of the $87 ATH from September, and go to, or beyond the $100 mark.
I see a potential £200 end of year due to the BTC smart contract integration that could bring a lot of hype to the project, if the Bull Market extends till end of Q1 2022, then we could see ICP go back to to the ATH from launch at $450.
Do your own research before investing, and trade safe my friends!
ICP 10/30/2021Looking for price to give a break of this bearish trend and the retest to hold or if price give opportunity for a lower buy in opportunity.
Keep watching! ICP is going up trend. ICP is in the long accumulation after price down appoximately 90%. The sideway around 30-50 USDT is present a trust and encouragement of people in ICP. I belive this a last chance for who is interesting for this one to get low price of ICP before too late.
Have a night day!
ICP alert!ICP watch. This coin look like it wants to run. Simple W Chart. We may se this run back up to the top. Watch this coin closely
ICP | Bullish PullBack After a breakout it is time for a nice and clear pull back to get more buying flow and increase volume, we need to wait for a 4H candle to close and confirm a bullish continue which will create a bullish channel.
We are also expecting to see micro traders using high margin are joining big money players that lead to FOMO price action.
ICP price at 47.10 USD, based on our forecasts for price increase is expected to be around +420.00%.
- Our option for #ICP is WAITING FOR A CLEAR 4H CHART CONFIRMATION.
It’s important to keep in mind that cryptocurrency markets are extremely volatile, making it difficult to accurately predict what a coin’s price will be in a few hours or a few days and even harder to give long-term estimates. As such, analysts and online forecasting sites can get their predictions wrong. We recommend that you always do your own research and consider the latest market trends, news, technical and fundamental analysis , and expert opinion before making any investment decisions. Be patient and look long term wisely and never invest more than you can afford to lose.
Trading & Investing both are the master of RISK.
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Thank you for your time.
Have a profitable day.
| Review and analysis by Samadi.Finance |
$ICP longIf you missed SHIB this is looking like the same setup. Long consolidation, will run once breaks out of range
$ICPUSD BULLISH CYPHER AND PENNANTInternet Computer Coin Price & Market Data
Internet Computer price today is $50.10 with a 24-hour trading volume of $466,881,382. ICP price is down -0.6% in the last 24 hours. It has a circulating supply of 180 Million ICP coins and a total supply of 469 Million. If you are looking to buy or sell Internet Computer, Binance is currently the most active exchange.
What is Internet Computer?
Internet Computer (IC) is the world’s first blockchain that is capable of running at web speed at unrestrictive capacities. Built by the DFINITY Foundation, IC aims to recreate the web by supporting smart contract development at scale and changing the way people can interact using web services. Internet Computer aims to extend the public internet, so that it can be the world’s computing platform, in a decentralized manner. Internet Computer sets to revolutionalize the design of the crypto economy, with an aim to overhaul traditional software services.
The project was founded in October 2016 by Dominic WIllams and have raised a total of $121 million from investors such as Adreessen Horowitz, Polychain Capital, Multicoin Capital and such. On May 10, 2021, DFINITY launched the Internet Computer into the public domain, marking it a major milestone for ICP as it means the internet now functions as a decentralised global computer. This is marked by the release of all of the Internet Computer’s source code into the public domain, as well as ICP utility token that allows tens of thousands of community members to govern the Internet Computer network.
ICP is Internet Computer's native token. It plays three prominent roles:
Network Governance: Users that participate in the governance will be rewarded with ICPI
Production of Cycles for Compute: ICP can be converted into cycles where it is used as the transaction fee to access the network. Cycles are burned after used.
Rewarding Users: ICP is used as the rewards to incentivize users to participate in the network such as securing the network.
How does ICP work?
The decentralised network of ICP is hosted by a series of data centres of multiple nodes. Different nodes from within different data centres are pooled together and referred to as a ‘subnet’. Each subnet can host its own Proof-of-Stake blockchain by using a unique consensus model known as ‘Threshold Relay’. There are two important pillars that charge the operations of ICP forwards:
Chain Key Technology: Chain Key Technology is a 48-byte public chain key that enables Internet Computer to operate at web speed, allowing transactions to be finalised in 1-2 seconds. Though this is impressive, this is nevertheless insufficient, because a faster speed is needed to provide competitive user experiences, requiring responses to be provided to users in milliseconds. Chain Key Technology solves this further by splitting smart contract function execution into two types, known as ‘update calls’ and ‘query calls’ – where update calls take 1-2 seconds to finalize and query calls can be executed in milliseconds.
Network Nervous System (NNS):The NNS is responsible for managing everything from ICP’s economics and upgrades to network structure. The NNS is hosted within the network itself, and it acts as an autonomous ‘master’ blockchain with a public key to validate transactions in the ICP network. The NNS will also instigate proposals to a vote, such as the onboarding of new node machines, which are then voted upon by users who have their ICP tokens locked up. NNS is essentially the governance system whereas neurons represent the voting power.
How does ICP differ from other coins?
One of ICP’s objectives was to solve the scaling problems experienced by Ethereum, without compromising on security or decentralisation. For example, EOS has previously been criticized for such a compromise.
Internet Computer claims that it can finalise transactions in 1 to 2 seconds. This fares far beyond Bitcoin’s 10-minute duration and Ethereum’s 15-second duration (depending on network traffic). The Internet Computer claims to have a block rate of 2.5 blocks per second (bps), with the expectation of improving it till 1,000 bps by end of the year 2021. Importantly, ICP addresses a problem far beyond merely solving Ethereum’s shortcomings as its wider objectives are to take on the $370 billion cloud computing market, and decentralize the public internet wholly.
How do I get ICP?
ICP can be purchased on exchanges such as Binance and Coinbase.
You can browse through the various centralized and decentralized exchanges by heading over to our exchanges page.
