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ICP / TetherUS

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ICPUSDT trade ideas

The money lineUhh... Uhh... oh yeah Uhh, sXXXk it (Mmm...) Oh, fXXk yeah (...Mmm) Oh, Shaggy Uhh This is why they call you '2 Dope', ain't it? (Mmm...) Uhh, fXXk yeah Uhh, take it out, take it out Uhh, now give something to J Uhh, Violent J Ooh, don't bite it, don't be violent with it, ow Just sXXk it, nice and slow Yeah... uhh Uhh, fXXk yeah You got.. uhh, now give it back to Shaggy He was sXXXXXg it better, uhh, now say my name (Panunen!) Say my name (Panunen!) What? Oh, fXXk you guys! G-Give me my dXXk back! (Wha-a-a-a-a-) FXXk you guys! (Wait, what- wait, PAN!) If you want Panunen, you can have Panunen! (Wha-a-a-) FXXk you guys, I'mma leaving! (No- i-e-o- no!) No! PAN, wait! I-I- (*door slams*) Aw, damn! Nice going, Shaggy!
by RedMegaMan
✴️ Internet Computer "Bullish Zone"From November 2022 through early January 2023, the Internet Computer traded within the "bearish zone". After 12-January 2023 ICPUSDT entered the "bullish zone" and has remained there ever since. As long as ICPUSDT stays on this zone, the probabilities are high for prices to continue with growth. We can see some peaks and wild swings, on the bigger picture this can be considered noise. Instead of noise let's call it consolidation which should be followed by a higher high as long as support holds. Getting a bit more technical: ✔️ Any and all trading above the 0.786 Fib. retracement level relative to the early 2023 bullish wave is 100% bullish, that is above $4.41. ✔️ Going below this level can signal weakness but the bullish bias remains strong. Namaste.
Long
by AlanSantana
6
Potential Support RangeICP has experienced a decline in price over the past month, failing to maintain its dynamic support. As a result, the price continued to decrease until reaching the support range of $4.60 to $4.87. The chart reveals a noteworthy trend whereby the willingness and ability of buyers to drive up the price diminishes with each interaction at this support level. This suggests that the likelihood of this support range signaling the end of the corrective phase has decreased. Furthermore, it is important to consider the current RSI level, which stands at 40. The RSI is a technical indicator used to assess the strength and momentum of price movements. A reading of 40 indicates a moderate level of downward pressure or selling activity. While the selling pressure is not extreme, it suggests a relatively balanced relationship between buyers and sellers in the market. In light of these factors, it is worth exploring a lower support range in the vicinity of $4.47 to $4.13, which demonstrates greater strength compared to the initial support level. Additionally, in terms of timing, the price has approached the boundaries of the corrective phase. This implies that the price may experience a positive and favorable reaction from these levels in the coming weeks.
by MonoCoinSignal
3
🔥 ICP Triangle Break Out: Going Down!Around a month ago I made an analysis on ICP where I discussed the triangle pattern on the chart. Back then, ICP was doing great, but I still anticipated it to go down and find resistance. After a few weeks of trading we got down to the bottom support, and eventually (today) broke through it. The bears got the overhand at the moment. With a lot of alts currently performing badly and BTC moving down, I don't see ICP going back up in the short-term. Bearish targets in blue.
Short
by FieryTrading
11
ICP/USDT 2023The comparison between Internet Computer Protocol (ICP) and Ethereum in terms of advantages depends on various factors and perspectives. Both platforms have different approaches and offer distinct features. Here are some specific advantages of ICP compared to Ethereum: 1. Scalability: ICP is designed with a focus on scalability, aiming to provide a solution that can efficiently handle a high volume of transactions and activities on the network. Ethereum, on the other hand, has faced scalability challenges, especially during network congestion periods, as seen during the NFT (Non-Fungible Token) boom in 2021. 2. Transaction fees: ICP proposes potentially lower transaction fees compared to Ethereum. This can be advantageous for applications that rely on a large number of transactions or for users looking to avoid high transaction costs. 3. Confirmation time: ICP aims to significantly reduce transaction confirmation time, allowing for a faster user experience compared to Ethereum. 4. Governance: ICP has a decentralized governance model, which enables network participants to contribute to decision-making and platform development. While Ethereum also has a governance system, ICP may have a more accessible and open approach to user participation. However, it is important to note that Ethereum is currently the most established and widely used blockchain in the cryptocurrency and decentralized application space. It has a robust community, broad adoption, and supports a variety of smart contracts and tokens. Ethereum is also undergoing major upgrades, such as the transition to Ethereum 2.0, which aims to address scalability and efficiency issues. The choice between ICP and Ethereum will depend on the specific requirements of a project or use case, as well as individual preferences. It is recommended to research and carefully evaluate the characteristics, features, and limitations of each platform before making a decision.
Long
by SophiaAnderson
ICPUSDTICPUSDT Thoughts After a long fall, the coin was able to find a local bottom and go flat. A couple of times there was an attempt to break through the downward resistance, but it was not successful. Strong resistance provided final confirmation that a Descending Triangle pattern had formed. After the third attempt to break through the resistance, the price froze and began to gain strength for the next impulse. ✅ Global targets for upward breakdown are indicated on the chart by blue lines: 7.524 - 8.305 - 9.240 We don’t set a stop yet, we focus on the state of BTC. For a futures setup, set targets and stops yourself, focusing on your shoulders. We put a stop at $4.9 But remember that things can change at any moment. You need to be flexible and monitor the market. Make a decision strictly with a cool head and do not give in to emotions. If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
ICPUSDT Bullish Divergence on RSI, Price Set to RiseICPUSDT is showing strong signs of bullish momentum with a nice rejection of the uptrend trendline followed by a 35% rally. After a minor pullback, price found support at the 23.6% Fibonacci level, accompanied by a bullish divergence on the RSI. Currently, price is bouncing off the minor uptrend trendline, and if a new lower low is not formed, the price of LSE:ICP will remain heavily bullish. This could potentially lead to a 16% increase in the near term.
Long
by MyCryptoParadise
2