The current situation of this token in the price range of $ 55, has put this currency in its support floor for the second time, that if the btc candlestick rises, it can be expected that this token will easily touch the price of $ 85 and above.
The last weeks of trading on the cryptocurrency market give us all intrigue and uncertainty. The price of bitcoin stopped at the critical range of $48,000-50,000 and market participants calmed down. Over the past 4 weeks of trading, volumes have steadily decreased weekly from $38 billion per day to $27 billion.
The price is kept squeezed with minimal volatility in an uptrend. A triangular formation has formed (upward triangle) with a base of 80%. The price is squeezed into a corner. The denouement will happen soon. Zones of levels from which further trend development depends on are indicated with arrows.
Coin in the Coinmarket: Internet Computer ICP
Welcome to my once a week commentary in English.
Today I will be talking about BTC, ETH, ALICE, ICP, DOGE and ADA.
My trading strategy is based on a combination of Harmonics and simple trendlines.
Hope you all find my commentray useful.
Good luck and good trading!
Disclaimer : All Videos/Information on this channel are for Education purpose only .They are not buy/Sell Recommendations . Please consult your financial Advisor before taking any trade or investment decisions . BINANCE:ICPUSDT
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The bull market continues and the pattern of accumulation is working very well right now. A recent prime example is ETH. The price was in accumulation for a month, after which there was a breakout of the upper limit of the accumulation and a strong rise. Now you can see a similar picture on the ICP chart. You can try to buy and hold as a medium-term spot position...
MartyBoots here. I have been trading for 14 - 15 years and I am here to share my ideas with you to help the Crypto space.
Bitcoin & ALT Coins have been crushed but I believe that I have found 2 coins that have the potential to give massive returns on a HUGE bounce...
I know this chart looks absolutely ridiculous. On the other hand... we have seen numerous cryptos get listed on exchanges and do a full fib extension or more after bottoming out. Akita is a great example of this. Has ICP bottomed yet? There really is no telling. It will likely be dependent on whether the $28k-29k tap on BTC was the bottom of this recent...