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.
". There is a possibility of temporary retracement to the suggested support line (64.39).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. ICPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
💎Technical Analysis Summary💎
-Internet Computer has finally broken the daily resistance area
-This is a good sign after 30 days consolidation above 54 dollars
-If the bulls can turn the old resistance to new support
-Then expect a further upside move up to $100 or higher
-By looking at the structure above, the potential strong resistance is at...
ICPUSDT Falling Wedge Breakout | Retest Pending | 38% Move Expected
After a huge pump started from 40.00, the bull rally stopped after touching the price 77.00 and started a long correction phase creating a falling pattern.
Now we can falling wedge bullish breakout. We will enter after completing the retest or at least come back to our buying zone.
First of all Thank you to those who followed me and I reached a milestone of 50 followers ,it is just a starting of a new journey
hi, as you all know about ICPUSD from where it started and where it is Right know its been a long journey for icpusd
As you can see my previous analysis on ICPUSDT we were long till 80 and then we long it again from 78-79 to...
Hi guys Mr.Karimi here with the ICP chart today. As you can simply see ICP has multiple Targets that I have gained using the Pivot Points Indicator that normally gives perfect targets in my experience. It has formed a consolidation area inside a box and it managed to breakout of the top of the box pullback to the fresh Support level and aim for higher targets but...
Icpusdt continues to follow the huge price prediction since last month when we saw an uptrend reversal on bitcoin. As regards the price prediction on icp, it's very likely it plays out once it breaks above the first resistance level. Ultimately, chart has shown the possible price targets to take profits.
Your likes and opinions would be much appreciated, you can...
Although The Internet Computer was founded in 2016, life was started in late 2020 with the launch of the alpha mainnet.
On May 10, 2021, a global decentralized Internet computer with open source was launched.
Each ICP service token holder can control the global Internet computer.
This coincidence of news and action helped the price of ICPUSDT soar to $600, but...
It's still early to confirm, but i believe ICP is accumulating for a breakout and a new swing which haven't yet happened, Once grow above the box we will see further upward movements.
Be aware that Without a reliable close above the box the scenario is totally useless.
Whatever it looks, first do research and have an exit plan.
ICP breaks the $59 resistance area and turned A major support Around 55$
we see multiple rejections from these levels.
The MA200 is acting as a support and we also have a local support area for ICP around $53.
You can add some ICP at $53-$55.
Buy more ICP if it comes near the $53 level.
The next major resistance is $77 area.