Trading suggestion: ". 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." Technical analysis: . 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...
ICPUSDT H4: Possible LONG Possible exit from the support zone 48.50-52.50 and rise to the resistance 77
Icp has been following a rising channel trajectory since it broke out from the descending channel at $37. The current position of icp is a critical one, a breakdown will validate $59 while a breakout from the dynamic resistance will validate an uptrend to $89. Wait for confirmaion of the possible scenarios before taking position. If btc breaks down from the...
ICPUSDT H4: Possible SHORT rebound from the resistance 70 and fall to the support level 60
Congratulations to everyone that took the trade with my analysis posted few days back. Now, Icp is now a special type of coin with impulsive moves with bitcoin's growth since the time of breakout from the descending triangle. Icp made an intense move to the upside and still continues regardless, a target marked at $59 was reached and the bulls continue to spike...
With the last thrust bullish pressure from the double bottom at $28, we see price correcting thus forming a bullish pennant on the 4HR timeframe. We wait patiently for a clear breakout so that we can join the trend to send price to $58.
Support: $35.50/$30.50/$28.50 Resistance: $43.00/ $53.00/ $71.00/ $88.00/ $103.00/ $124.00/ $138.00/ $168.00/ $203.00
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...