Falling Wedge :heart: A falling wedge is a bullish reversal chart formation in a downtrend and a bullish continuation formation in an uptrend with the trendlines converging downward. It usually results in a breakout above the upper resistance line.Longby Bit-XploidUpdated 228
ICPUSD ❕ lower boundary of the rangeRSI chart is moving in the bear zone (4H, 1H and 30m TFs) The price has reached the lower boundary of the current range. I believe that the asset will start to decline after the range breakout.Shortby Solldy113
Positive Reaction and Potential for GrowthICP has shown a continuation of its previous trend, reaching the low point known as the ATL (All-Time Low) in the price range of $3.50 to $3.35. Notably, there was a significant positive response when the price touched this area. This led to the activation of many buy orders, causing the currency's value to increase by 30% and reach the range of $4.40. However, the upward movement faced strong resistance at the midline of the channel, preventing further growth. As a result, there is a possibility that the currency may retest the support levels in the range of $3.70. To predict future movements, it's essential to observe how the price behaves in the $3.70 range. If there is a positive response in this area and clear signs of a trend reversal on lower time frames, we could expect the formation of a twin bottom pattern, potentially leading to price growth in the coming weeks.by MonoCoinSignal6644
ICPIn this area, I can enter sales with high value capital management in the middle area with 1 positionShortby Hoomanadili1
ICPUSDT and a great reason to go higherHello everyone. I really like the ICPUSDT chart, as it clearly shows the breakdown of the trend for a fall, which lasted 3 months. Next, the price made itself a good reason to go to the top, namely a triple bottom. We have been beating the 4.4 level for a long time, so I think that soon we should break through this resistance level and go down to at least 4.9Longby CRYPTOVALUTCHIK1
ICP weeklyICP double bottom of weekly support potential butterfly harmonic forming targeting weekly resistances at 4.8 and 5.4 NPOC high volume zone S/L below VWAP & previous impulse candle at ~4.11Longby kwhpal112
Pump coming25% lurking Lots of confluence in that zone Dyor Could this be the bottom This could be it But so much liquidity @ da abyssLongby RedMegaMan1
Icp Looks Good For Midterm Seems Like Ready For Decent Recovery In Midterm Approaching Towards Trendline In 2 days Tf Incase Of breakout expecting Move Towards 15$ Keep Eyes On For Breakout On Lower tfs Longby Worldofchartsfx1114
My point of viewMaybe this double bottom + new icp news change everything 🤔 But still bearish market and no one can predict what will happen Longby ardalanaz2111
ICP / USD (Internet Computer) Coin Analysis 26/10/2021Fundamental Analysis: 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. The purpose of the Internet Computer is to extend the public internet, so it can also be the world’s compute platform. Today, the internet is a network that connects everybody and everything, but systems and services currently run from private infrastructure. The scientific breakthrough behind the Internet Computer is Chain Key Technology, which encompasses dozens of advanced technology such as novel Consensus, Non-Interactive Distributed Key Generation (NI-DKG), Network Nervous System (NNS), Internet Identity, etc. Chain Key Technology consists of a set of cryptographic protocols that orchestrate the nodes that make up the Internet Computer. It is one of the fundamental breakthroughs behind the Internet Computer, enabling it to have a single public key. This is a huge advantage because it allows any device, including smart watches and mobile phones, to verify the authenticity of artifacts from the Internet Computer. In contrast, this is not possible for traditional blockchains. The single public key is just the tip of the iceberg: Chain Key Technology is the engine that drives the Internet Computer and makes its operation possible. It allows for adding new nodes to form new subnets to scale the network infinitely; replacing faulty or crashed nodes with new ones without ever stopping; reviving subnets even if too many nodes within have failed; and upgrading the Internet Computer Protocol seamlessly, allowing the network to fix bugs and add new features. The DFINITY R&D team has invented a new noninteractive key resharing protocol. Each of the old signers only needs to broadcast a single message to the new signers. To ensure that this is done securely, many concepts from advanced cryptography are utilized, including encryption with forward secrecy and noninteractive zero-knowledge proofs. Because it is noninteractive, the way the key resharing protocol operates is ideal for an asynchronous environment, and the benefits include key preservation. Throughout the lifetime of a subnet, it is known by a single public key, and the other parties on the Internet Computer do not have to keep track of changing public keys. At Genesis on May 10, 2021, the Internet Computer is supported by 48 independent data centers — located across North America, Europe, and Asia — running 1,300 nodes. The network will continue to grow exponentially to support the next generation of mega dapps, with 123 data centers running 4,300 nodes scheduled by the end of the year, and eventually thousands of data centers running millions of nodes to support the decade-long building out of the Open Internet. Importantly, anyone can become a node provider, interested parties apply for a Data Center ID (DCID) to the Network Nervous System (NNS), procure specialized machine nodes, install the ICP protocol, and connects to the Internet Computer network. The scientific breakthrough called Chain Key Technology allows the Internet Computer to run at web speed — where query calls execute in milliseconds, and update calls take 1-2 seconds to finalize. More importantly, at Genesis, the Internet Computer will have a block rate of 2.5 blocks per second (bps), then quickly to an industry leading bps of 10.3 bps, and ~1,000 bps by end of the year. In the case of an open version of Reddit running on the Internet Computer, when a user browses the forum, customized views of the hosted content would be formulated and served into their web browser by the execution of query calls, which run in milliseconds on a nearby node, providing a fantastic user experience. But when a user wishes to occasionally make a post, or provide a tip of tokens to the author of a post, this would involve update calls, which would take 1–2 seconds. ICP are native utility tokens that play three key roles in the network: Facilitating Network Governance: ICP tokens can be locked to create neurons that participate in network governance by voting, through which they can earn economic rewards. Production of Cycles for Compute: ICP provides a source store of value that can be converted into cycles; which power computation in the role of fuel that is burned when it is used. The NNS converts ICP to cycles at a variable rate, so chosen to ensure users of the network can always create new cycles at approximately constant cost in real terms, such that the cost of acquiring fuel is predictable. Rewarding Participants: The network mints new ICP to reward and incentivize those playing important roles that enable the network to function, including: a) the provision of voting rewards to those participating in governance, b) the provision of voting rewards; to those operating the node machines hosting the network, and c) other miscellaneous activities. What Do Cycles Do? Cycles power computation in the role of fuel. They also have a constant value over the long-term, which contrasts with ICP, whose value will naturally vary over time. Moreover, Cycles will be pegged to the SDR, which is a logical currency unit defined by the International Monetary Fund, and 1 SDR worth of ICP can be converted into exactly one trillion Cycles to power computation. What Do Neurons Do? A neuron locks a balance of ICP utility tokens and enables its owner to participate in network governance, through which they can earn voting rewards. Who Are the Natural Buyers for ICP Tokens? Token Holders who want to participate in network governance and earn voting rewards Developers who need to convert ICP tokens into Cycles to pay for computation. There will be 469,213,710 ICP tokens at Genesis. Circulating supply depends on the dynamics of the market. However, it is approximated to be 26% at Genesis. Genesis Initial State Token Allocations Early contributors: 9.50% Seed donations: 24.72% Strategic: 7.00% Presale: 4.96% Strategic partnerships: 3.79% Community airdrop: 0.80% Initial community and developer grants: 0.48% Node operators: 0.22% Internet Computer Association: 4.26% Team members: 18.00% Advisors and other third-party token holders: 2.40% DFINITY Foundation: 23.86%. How Does the Internet Computer Network Nervous System Work for Voting? The NNS works by receiving proposals and deciding to adopt or reject them based on voting activity by neurons; that network participants have created. Neurons are also used by participants to submit new proposals. After submission, proposals are either adopted or rejected, which can happen almost immediately or after some delay, depending on how the totality of neurons vote. What Are The Prominent Projects In The Internet Ecosystem? The Internet Computer launched with several high profile entrepreneurs and applications being built on it. These include: DeFi Enso Finance – Decentralized exchange that has raised $5mn Tacen – A high-performance non-custodial exchange that has raised $2.5mn SailFish – A gateway to open financial services Social Distrikt – A decentralized, professional social media network. It is the Open LinkedIn application shown off by DFINITY in Davos at WEF 2020 that is now being taken to market OpenChat – An open version of your standard chat app that is not owned by a large tech corporation CanCan – An open version of TikTok that shows the scalability and power of the Internet Computer Capsule – A decentralized social media platform which is safe from censorship that has raised $1.5mn Infrastructure Fleek – Allows easy building of open web sites and applications. 14,000 websites already running Pan-Industry Platforms Origyn – A pan-industry platform for tracking the provenance of luxury goods, starting with luxury watches. Dominic Williams is the Founder and Chief Scientist of DFINITY. He is a crypto theoretician, responsible for inventing Threshold Relay, Probabilistic Slot Consensus, and other novel crypto techniques, serial entrepreneur, and early member of the Bitcoin and Ethereum technical communities. Previously, he was President and CTO of String Labs, an incubator for venture-backed crypto projects, early pioneer of DeFi at Mirror Labs, and Founder and CEO of Fight My Monster, a MMO game for children that scaled to millions of users. He also founded several startups such as System7, Airdocs and Smartdrivez. Graduated King’s College London 1st in Class in Computer Science. What is the DFINITY Foundation? The Internet Computer was incubated and launched by the DFINITY Foundation, a not-for profit scientific research organization based in Zurich, Switzerland, comprised of the world’s top cryptographers and distributed systems and programming language experts, with nearly 100,000 academic citations and 200 patents collectively. Notable technologists at DFINITY include: Jan Camenisch, PhD (VP of Research) - world-renowned cryptographer & privacy researcher, led IBM’s Cryptography / Research department for 19 years Andreas Rossberg, PhD (Principal Engineer and Researcher) - the co-creator of WebAssembly and former team lead for the Google Chrome V8 engine Ben Lynn, PhD (Sr Staff Engineer and Researcher) - world-renowned cryptographer and Google Engineer, the “L” in BLS cryptography, the key signature system being used in Ethereum 2.0 Jens Groth, PhD (Principal Researcher) - world-renowned cryptographer, known for pioneering non-interactive zero knowledge proofs Timo Hanke, PhD (Principal Researcher) - creator of AsicBoost, one of the few proven algorithmic optimizations for Bitcoin mining Paul Liu, PhD (Staff Engineer) - architected Intel’s Haskell compiler and received his PhD under Paul Hudak, a key designer of Haskell * Johan Georg Granström, PhD (Director of Engineering) - former Sr Staff Software Engineer at Google responsible for scaling YouTube system infrastructure After public launch on May 10, 2021, the DFINITY Foundation will now be one of many organizations committed to improving and maintaining the Internet Computer network. The current CoinMarketCap ranking is #24, with a live market cap of $8,582,798,715 USD. It has a circulating supply of 174,363,085 ICP coins and the max. supply is not available. Technical Analysis: as you can see the coin has fallen heavily since its lunch and now it is literally at its lowest price, based on the valuable fundamentals we have decided to invest on this coin for a long term did. We have defined 4 new targets with Fibonacci Projection of the past Bullish Run and highest pick and lowest retracement dumps. The 3 TP gets confirmed as soon as the price touches the 161.8% of the same Fibonacci Projection followed by some retracement and price correction. 4 TP can be easily achieved as soon as the bull run starts and will be taken with some retracements. we can ultimately target the 2500$ as this is a new and effective environment which is capable of shooting to the higher price of its Initial offering.Longby BitonGroupUpdated 7728
Brief Analysis ——ICPThe brief analysis yesterday received a lot of discussion in our community. So we continue to bring a brief analysis of 3 tokens which are participating ETHCC conference today. They are LDO, NEAR and ICP. ICP did not recover from the decline of early June. It has remained fluctuating for nearly a month, with less volatility than before. It can be seen from the chart that the price has risen to 4.4 three times this month, but none of them has broken the upper rail. Then the price has fallen rapidly. The gap between the bulls and the bears is not large, either in terms of volume or the length of the candles. Conclusion: Mostly fluctuation. The probability of falling is greater than that of rising. The price has always remained in the range, and the strength of either party has not increased significantly. But ICP keep bearish on a large scale. Volatility is now less than average. So we keep the possibility of falling. We set resistance level at 4.4 and support level at 3.9. They are the upper and lower rails of the previous range. If you have any ideas, welcome to communicate with us:) Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.Shortby Sypool2
Still 10%The range continues, New lows not expected yet Nice 10% still down targetShortby RedMegaMan1
ICP icp icp follow up to icpbtcI bought pretty much everything all over this bottom. if it goes lower, RIP me :) but thats the fun of the game right, RIGHT? the thrill of the hunt, the need for sneed (sns-1 dkp on icp) hint hintby Hoodboss589114
ICP long Ascending tri. look to buy on support close trade if we have a 4 hour close under redline if its a bear trade enter back into the tradeLongby UnstoppableBulls113
ICPUSDT 60The ICP token will move up to the specified ceiling and after breaking that ceiling it will go up to the specified profit limit. This is my idea about this token. Thank you for your attention.Longby fibo_ss3
ICP/USD Main trend. Reversal zone. 911Logarithm. Time frame 1 week. The main trend (all trading history). Linear chart to illustrate the trend direction and reversal zones. Coin in coinmarketcap: Internet Computer ICP Same for comparison on a candlestick price chart. ICO 2018 Token Price: 1 ICP = 4 USD From maximum (liquid) pumping, the price is down -98.21% Shown are the two potential accumulation and distribution zones and the average percentages from them. Don't forget, the whole world is in an unprecedented artificial recession. The residual panic of capitulation has not yet occurred. If there is a significant but short-term rise in the markets, take advantage of it. Be aware of the phenomenon of "false trend reversals. Do not forget to comply with risk management. A sophisticated profit percentage and skillful management of the potential risk/profit ratio can significantly increase your trading depo. It is important how much you earn when you are right and how much you lose when you are wrong. Initially, before entering a trade you must know these potential values. If you can't determine them, or the risk is too big, you must refrain from trading. Secondary trend. Time frame 3 days. ICP/USD Channel 177d Reversal zone Party 911 Isle of Dogs Rocket All local and medium-term work in the reversal zone I showed in the idea of a secondary trend.by SpartaBTCUpdated 606077
ICP - Retest after breakoutHi traders, Everything is indicated in the chart. Do not hesitate to comment and share the ideasLongby bahadirkisbet1
ICP Breakout!! Bullish!ICP has broken out of its major downtrend and is now moving higher. As shown on the chart, it is currently at resistance and will need to flip that level before I can say it's likely to move higher. If this does get rejected, the next best place to long would be a retest of the diagonal lie that it broke out of. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! Don't trade with what you're not willing to lose. Calculate Your Risk/Reward! This is not financial advice. This is for educational purposes only.Longby Navitility1
ICP doesn't look so good :(Because of the late Binance news, it broke the support. If the price cannot take it self over the Support zone, it can fall to 3.5$. by DantefeUpdated 774
icp longicp now reached in 0.786 fibo and if would support there it can be touch 0.618 fibo. and it has reached to his upgoing trendline. with risk/reward 5 we can get it.Longby Naser_jUpdated 229
Internet Computer (ICP) formed Gartley for upto 121% rallyHi dear friends, hope you are well and welcome to the new trade setup of Internet Computer (ICP) with US Dollar pair. Recently I shared a short-term trade setup for ICP, which is still in play as below: At the same time, on a long-term weekly time frame, ICP has formed a bullish Gartley move for massive price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.Longby moon3331
Head And shoulder In 15 Min TimeFrameWe see the head and shoulder in 15min time frame, MACD confirmed it and goes weak and weak with divergence. I think price goes for pullback to mid-line mid-term bearish channel in about 4.2$. we must wait for this price that had eligible risk to enter again. After pull back completion, price can reach to 5 $ and above.Longby SmLegion554