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UnknownUnicorn26369879
Nov 10, 2021 11:00 PM

Coincidence or price manipulation?  

ICP / TetherUSBinance

Description

I had not seen this before on chart. It has happened 3 times in last 2 months. Will it happen again and we might approximately predict the next correction day? This is just a wild idea that i noticed on chart, this is not a trading advice. But keep in mind these dates (22-24 november) and lets see what happens.

Comment

And each drop down is almost identical around ~30% correction

Comment

A bit funny how it basically went the other way as i drew it on the chart, like mirrored it to the downside, but as we can see the crash came again i about 14 days. So this is a thing you could keep in mind and expect a new crash in about 14 days.
Still we are in a bullmarket and this is a healthy correction, we can see that the whole market is down and bitcoin is taking a massive correction. So it should all soon start to move back up again. There is a possibility that ICP touches the 30-35$ range but the same chance is that bitcoin stops dumping and ICP starts to move back up.
Currently i see a double bottom on ICP daily chart. That is a bullish sign
Comments
islandbouye
Hi I also noticed in charts btc red on 10 of every month do you think we will bounce up next or down ? On chart analysis ?
UnknownUnicorn26369879
@islandbouye I see that from this point ICP is going up again to next target 64$.

Keep it safe and before investing, do your research :)
SimonSai333
This was market manipulation that pushed the price down.

Whales have big bags, and push the price down, probably to wreck leverage longs
UnknownUnicorn26369879
@SimonSai333, Yes i agree + BTC was going down, but other coins dropped less. ICP takes a 30% dump each time.
aslanifarnaz
is ICP in a downtrend now? will we have another low again?
UnknownUnicorn26369879
@aslanifarnaz, Should be going up now by looking at chart. But it's not possible to predict the market. The next target up should be 64$
aslanifarnaz
@MrPeterG, Thanks.
aslanifarnaz
@MrPeterG, Hi what do you think about this now?
Crypto_Mafia1995
@MrPeterG
i think ICP taking the manipulation after this when he got the strongest support zone surly will hit again the 60$ + target
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