ICP 2h timeframe short setup. use max 5% of your balance . DYOR!
Dfinity’s Internet Computer (ICP) has been featured on crypto news websites more as of recently, especially after the FTX crash. There’s been rumors that they manipulated the price action of this coin because they were scared of the public finding out about its groundbreaking technology. The truth can only stay hidden for so long, it’s only a matter of time before...
The Internet Computer vs Tether USD (ICPUSDT) chart looks weak, I'll give you that, but out of weakness comes strength. From small to big. We are born babies, we become children and we grow. No wait... A seed is tiny, completely sealed, it is so small. You plant the seed, water it, nourish the soil and it grows. It can turn into a huge tree, it becomes BIG yet...
There is only 274,391,591 tokens. So price of this asset can be more that $100+ easily in long-term.
High probability short for ICP to $3. Trendline resistance from early 2022.
I am of the opinion on the continuation of the correction. I guess it is within a final z-length.
During the last two weeks, ICP's price trend was in the low-range timeframes. After the last bearish wave took the price to the $3.5 support level, we could have expected a range trend with a positive reaction the next day, November 10. In the second encounter to the support of $3.5, a positive reaction has been observed again. But the resistance that prevents...
What we can see on the chart is a symmetrical triangle pattern . Take a position only if/when the price breaks out of the triangle. If the price breaks down, enter short. If the price choose upside, enter long position. Targets as shown in the chart. P.S Don´t forget to setup stop loss :) Good luck
Bearish Idea ICP looks like copying the same price action as before it did in the box labeled 1. I believe it will rise to Retest the area around 4.5-4.6. If the price got rejected from that area than we could expect more fall till to 3.5-2-1.5. Bullish Idea FTX was one of the main reason why ICP fell so much but beacuse of the late events, maybe it could be a...
ICP looks like drawing "double buttom" formation. The project is really good but the coin continues to dissappoint people.I believe FTX is still manupilating the price. I hope it raises from its ashes. This is not a financial advice. It is just a guess.
I like ICP because this coin is more than 98% down from ath and it is technicaly buy without any doubts. Very nice PA here with green engulfing bullish daily candle...there should be some small pullback = my buy area = before it will go higher... i am aiming 25-40%. GL MANAGE YOUR RISK
What we can see in the chart is a head and shoulders pattern. If this pattern plays out , we will see 30 % drop $4,20 may be a good price to buy more ICP if we get it. Long-term we still expect $80 . Short-term $4,20 would NOT be anything surprising. Enter the short position only if/when the price breaks down the neckline of the head and shoulders pattern.
We should always consider the two scenario, Bullish and Bearish, for the market. I already shared my Bullish idea about ICP with the double buttom formation. Now, let's consider the bad scenario. ICP looks like copying the same pattern which it did on May-June 2022. If the price goes down from 4$ we could expect huge dump on the price until 1.40-1.50$....
Almost all Alts look the same, Bitcoin consolidation will not stay forever, this setup will be valid if we get a Bitcoin breakout to the upside and this can only happen when FED starts to cut interest rates after CPI decreases.
Analysis: - Support & Resistance - Supply & Demand - Trend Line Analysis T1: Target 1 T2: Taret 2 T3: Target 3 1 & 2: Double Bottom Opinion: MAJOR bull run incoming for ICP Pack your bags :)
Local trend (part of the secondary), clamping in the lower part of the channel (which was formed after the huge descending wedge broke down under the market dump). Logarithm graph. Timeframe 1 day. Coin in coinmarket : Internet Computer ICP Line chart. Main trend This is a wedge that was broken down after +40% growth and an unsuccessful retest...
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this ICP/USDT trade setup. ICP looks bullish here. Breaks out from the falling wedge-like structure in the daily time frame, expecting a good 40-50% rally from here. Buy some here and add more in the dip. Entry range:- $5.2-$5.5 Target1:- $5.9 Target2:-...
Was this a rug? Was this bad timing? I think people should DYO and see what they are working on… I believe they are still building in the background… This just a study Dca safely Gann theory