Internet Computer (ICP) can go down to $11 Short

ICP / TetherUSBinance

Description

⋅ Dec 5, 2021 10:13 AM

Most of you can say this is a classic Wyckoff accumulation with the last shakeout spring, but it seems to be not.

Main reasons are that on 3d timeframe ICP looks very weak, this is not how spring usually looks.

I expect ICP to go sideways, maybe test its resistance and then go down to $11 or even less.

Comments

yuuuuuge

⋅ Dec 5, 2021 6:15 PM

no way in hell

poplach

⋅ Dec 5, 2021 7:57 PM

@yuuuuuge, Just watch how it goes :)

ICP_holder

⋅ Dec 5, 2021 11:33 PM

@poplach impossible. These are just the discharges of your sick brain

poplach

⋅ Dec 7, 2021 9:12 AM

@ICP_holder, I just love with how much hate some fomo hodlers react on possible bearish scenario. Please consider you're offending me personally because of my point of view which is subjective like your nickname ICP_holder because as soon as ICP starts dropping, your nickname won't mean anything.

yuuuuuge

⋅ Dec 6, 2021 3:38 PM

@poplach watch this

Smarter8

⋅ Apr 23, 2022 9:04 AM

just look at the divergences of RSI in D and W timeframes. The thing you said is probable but only if BTC falls to 30,000 $.

HelloWorld736

⋅ Dec 8, 2021 6:51 AM

Very likely

rogm86

⋅ Dec 7, 2021 6:07 AM

if the market was in full bear mode and btc was headed towards 20k in the next 6 weeks; then sure. So my question to you is are we in that market?... Not likely.

poplach

⋅ Dec 7, 2021 9:04 AM

@rogm86, I did ETH and BTC ideas regardless your question, I'm not 100% sure but we're definitely not in 'bull market btc x10 to the moon'. And no, BTC may not collapse to 20k in 6 week, it may take more time.