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ICP

ICP - Massively underrated project with huge upsideHey! 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 had seen before and if they succeed then it will be as large as if not larger than BTC or ETH, raking it in the top5 coins in next year or two. But this is a bullish scenario if the whole market moves up. Basically it will be the blockchain mother of all new blockchains in the future, bringing true decentralization. As we know currently none of the crypto projects is truly decentralized because the whole internet is managed by few huge companies and ICP plans are to change that and give back the power to the people. This is not a pump shill fun coin , this is a massive project with real world problem solving solutions and they are pioneering the way. I agree to disagree with you if our thoughts are not the same. This is my personal opinion on what I have researched. I even can't comprehend the tech that is behind it. There is a lot new to learn. So the Technical at the moment: Possible drop to 26-35 range and then heading up. Best scenario we hold the 40 zone that is a strong support at the moment and we go up from this point. Worst scenario it goes to bear market and drops even under 26. In that case I would be happy to buy even larger bags. Thanks and have a wonderful day and safe trading! Hit a like and follow if you support my idea. :)
by UnknownUnicorn26369879
3
ICPUSDT - Long or Short? some thing we need to notice!BYBIT:ICPUSDT 1H trend chart - Long Price has stopped falling since hit high on 10/6 and keep consolidating now. We can expect it is going to break out the long-term downtrend line. If this downtrend line is taken out, there is a timing for entry. But I suggest to long after confirming the price stands firm at $45.48(blue horizontal ray) Short A potential Head and Shoulders pattern is forming... Therefore, should be very careful if the lower uptrend line is broken out. I prefer to long it, so if it does as we presume above, trading strategy as below. - Profit Targets: a) 47.48----Fib(1) b) 49.51~50.34----Fib(1.272~1.382) c) 54.96----Fib(2) Stop losses: I will provide it depend on the timing I open position. - If you like this analysis, give it a like and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
1
ICP update. potential outcomeWe have seen ICP move to the upside but with BTC dominance going up, ICP vs BTC has been absolutely taken a hit. if you take a look at the ICP/BTC dominance its dropped off trend. depending on how BTC performs in the upcoming week, we could see most alt still struggle to gain any momentum. i drew a couple outcomes that could possibly happen, this ofc depends on BTC. at this point when BTC falls, ALTs will usually gain. ***NFA*** we could possibly see it come down to see the 34-35 range and at as a spring and shakeout majority of the traders and to trap the shorts. ICP is pretty volatile, i would take caution.
COINBASE:ICPUSD
by JSP77