ICP might jump a bitSmall position here. ICP looks like it can go higher PA is decent. MANAGE YOUR RISK
NOT FINANCIAL ADVICE
ICPUSDT trade ideas
ICP - Internet ComputerHow the Internet Computer Works
The Internet Computer is the fastest and most scalable general-purpose blockchain. It extends the Internet with computation: dapps (smart contracts) can run 100% on the Internet Computer as it can serve web contents directly into browsers. Moreover, end-users can seamlessly and securely interact with dapps on the Internet Computer. In particular, users in general do not need any tokens to use a dapp nor is it necessary for anyone to download blockchain state to verify correctness of transactions because of the Internet Computer’s groundbreaking chain key cryptography. Users can security authenticate to dapps using Internet Identity, the Internet Computer’s anonymous blockchain authentication framework.
Direct Integration with Bitcoin
The Internet Computer protocol will be extended to add smart contracts to Bitcoin. An application of Chain Key cryptography will give each canister their own Bitcoin public key, thus directly integrating with the Internet Computer blockchain with the Bitcoin network. In particular, smart contracts on the Internet Computer will be able to hold, send and receive their own Bitcoin.
ICPUSDT BUTTERLY PATTERNButterfly
The Butterfly Pattern is a distinct 5-point extension structure that was discovered by Bryce Gilmore and further defined by Scott Carney. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg lies at 0.786 and the PRZ consists of 3 converging harmonic levels: 1) 1.27 extension of the primary XA leg, 2) AB=CD pattern, either equivalent or 1.27 and 3) Extreme BC projection of 2.00, 2.24 or 2.618.
The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. Common stop levels lie behind the next structure level after the D point or the 1.41 extension of XA. Conservative traders look for additional confirmation. These patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool to visually identify 5-point reversal structures.
ICPUSDTICP Broke a down chancel and trying to accumulate in order for them to go higher .
Buying from now is OK and if it goes down that even better as you can see on the chart .
Trading is SIMPLE
Make the price comes to you and don't try to catch it you can't .
Internet Computer shortSymmetrical triangle on Internet Computer chart is broken down. Bearish movement to support level at 6.05 is expected to happen.
INTERNET COMPUTERICP/USDT price will move into 10.21 and retesting will starting to drop down into 6.10
This is my OPINION not financial advice
have a nice day and GOOD LUCK
🆓Internet Computer (ICP) May-17 #ICP $ICP
ICP rallied strongly when approaching the $6 zone and now it holds firm to the $8 zone. In the coming time, ICP can increase strongly to the area of 12$ or even 14$. However, the $12 zone is a very strong resistance so we need to pay attention. If ICP loses the $8 zone, we can still consider buying back ICP in the $7 and $6 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 8$ zone
🔴Buy : 8
🔴Sell : 10 - 12 - 14
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 8$ zone
🔵Sell : 8
🔵Buy : 7 - 6
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
ICP USDT"Internet Computer (ICP) is a utility token that allows users to participate in and govern the Internet Computer blockchain network. The network aims to help developers create websites, enterprise IT systems, internet services, and DeFi applications by "installing their code directly on the public Internet." ICP can also be staked or "converted into cycles" that can be used to power computation for dApps and traditional applications." coinbase
Circulating Supply: 200,219,815.96 ICP
Max Supply --
Total Supply: 476,801,155 ICP
"Possible drop" to zone 2020, 15 $ > 7 $ usd. "Bearish" price drop less under 7 $ usd.
Good zone for buy and hold.
"Possible target" 2x. "Very long term target" 20x - 30x gain. ATH was about 600 $ usd..
_______________________________________________________
Good luck. Please comment.
This is not financial advice !
Please do your analysis and consider investing !!
ICP - Where does the nightmare end?Honestly though, where does the nightmare end indeed? ICP has been a constant let down, and I am expecting the price to touch the 2.618 fib level as highlighted, which is around $2.14
ICPUSDTMid Term ICP way either long or short there is simple trade set up.
If we break below the triangle with pullback and confirmation we will open short to the green levels mentioned.
Or if we break above the triangle and pullback with confirmation we will open a buy long for the brown levels mentioned.
Good luck.
ICPUSDT H1SELL ENTRY @ 8.46
STOP LOSS@9.71
TAKE PROFIT@7.32
Market Update (Looking to Long) Like and Subscribe
Thank you Please support our analysis with a like or comment
ICP : Next support Yes... next support i meant...
not necessary to be the target...
how come most coins fall too much oversold
without stop pulling back for correction ??
pfff
ICPUSDT H1SELL ENTRY @motti_11_28
STOP LOSS@12.30
TAKE PROFIT@10.26
Market Update (Looking to Long) Like and Subscribe
Thank you Please support our analysis with a like or comment!
In the floor of channell it mayve broke and get faster, butBut we calm we can expect to rise above the channel also btc price affects in other cryptoes trent so that we are in a support if u hace icp wait for sell or if you dont, wait for a best buy possition in calmness.
ICPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ICPUSDT
The price is fluctuating in a descending channel and now it is reaching the bottom of it. Now we have the price in the support zone and it is fluctuating over the support line. We believe it can move to the height of the channel and reach the resistance line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
