Good Day
Everyone
CRYPTOCAP:ICP Seems already break Weekly Major TF, i think the pattern is similiar look a like bullish 3 drive pattern, and will Hit around 20$
Please be patient, we already enter prebull market :)
BINANCE:ICPUSDT
Price hit the bottom of the descending wedge and RSI was below 30.
Usually, when the RSI was below 30, ICP started a sharp move and gave us at least 2x profit.
LEt's see what will happen this time.
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.
We are going higher for the past 3 days, but volume is getting lower on each day.
RSI is showing a small bearish divergence for the past days.
We have not yet retested the brake out line and 50day EMA with a red candle.
This is just an idea, because we cannot go up in a straight line.
We are still in an uptrend and ICP will reach higher targets in next days,...
At this moment there is 40/60 chance of us dropping to 40$ range like week ago or holding the new trend line after yesterdays breakout. The chart looks exactly the same, but what's better this time is, that we did break above downtrend and EMAS are crossing as a bullish sign which did not happen last time and if we can keep 48$ then the drop is invalidated. Keep...
Last night i had a nightmare that ICP dropped to 20$, and its good that nightmares don't come true.
As of this moment ICP has broken out of 2 month long downtrend and if today we stay above 48$ and don't fall back to 43$, then the 50 day and 180 day Exponential moving average lines will cross for first time since 6 august(3months ago), at that point we can see a...
It's as simple as this. The fib levels are almost always correct to some point.
The Fib golden ratio is about 1.618, so lets hit that 1000$+ mark. ;)
Be safe and take this as a type of lesson of fib levels, not a financial advice. The whole world can be eaten by giant alien until the end of the year, so basically do your own research and only invest what you can...
It's as simple as this. The fib levels are almost always correct to some point.
The Fib golden ratio is about 1.618, so lets hit that 1000$+ mark. ;)
Be safe and take this as a type of lesson of fib levels, not a financial advice. The whole world can be eaten by giant alien until the end of the year, so basically do your own research and only invest what you can...
Hey, hey! I am 200% for the project and i believe in it, but we have to follow the chart so we do not get burned.
Currently ICP is struggling and in the next hours or day we will see if we can keep the push upwards or it falls again to its support levels (check chart for info)
The bad: We have a huge head and shoulders pattern on daily chart since 21, July and...
ICP has just broken out the falling wedge. Bullish price pattern. It may retest the support trendline, but I expect an acceleration upwards.BB is shrinking, suggesting high volatility ahead. It just previously completed the primary trend wave 1, wave 2 was completed with the touch of 0.618 fib retracement target: first target 78, second target 130, Final target...
Hey! Il keep it simple on ICP, check the chart to see my comments.
I have made a huge research on this project and from what I have gathered I am 200% in on it for the short term and long term.
I believe ICP can reach a target of 500-1000$ by end of this year and up to 2000$ on 2022.
ICP plans are like the start of the 90's when internet was something that no-one...
