📈📉 As you can see on the weekly and Daily timeframe for the pair of ICP and usdt , It has grown well in recent weeks and has been able to grow by more than 30%. And as you can see, the logarithmic diagram gives a slightly different view with the linear one, and in the linear diagrams, it has been able to break the downward trend line (white) in the daily time frame and become a dynamic support.
But in the logarithmic chart we see another downtrend that is now a resistance and if it can break it again I expect more growth.
And as always guys , keep it in mind , all the market follows BTC movment and react it .
❌resistance zone: $42-45, $70-75
♻️support zone: $22-24
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tips:
💥(Note that most of my analysis on the weekly timeframe basis is more for long-term investment rather than short-term trading.)
🔰(Anyway, I highly recommend novice investors and traders to consider risk management and buying in a few steps) .
✳️(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
🙏with Best Regards
But in the logarithmic chart we see another downtrend that is now a resistance and if it can break it again I expect more growth.
And as always guys , keep it in mind , all the market follows BTC movment and react it .
❌resistance zone: $42-45, $70-75
♻️support zone: $22-24
--------------------------------------------------------------------------------------------------------------------
tips:
💥(Note that most of my analysis on the weekly timeframe basis is more for long-term investment rather than short-term trading.)
🔰(Anyway, I highly recommend novice investors and traders to consider risk management and buying in a few steps) .
✳️(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
🙏with Best Regards
Trade active:
Wait for entry ,til daily close above white trend line.
