Around a month ago I made an analysis on ICP where I discussed the triangle pattern on the chart. Back then, ICP was doing great, but I still anticipated it to go down and find resistance.
After a few weeks of trading we got down to the bottom support, and eventually (today) broke through it. The bears got the overhand at the moment.
With a lot of alts...
ICPUSDT
Thoughts
After a long fall, the coin was able to find a local bottom and go flat. A couple of times there was an attempt to break through the downward resistance, but it was not successful. Strong resistance provided final confirmation that a Descending Triangle pattern had formed.
After the third attempt to break through the resistance, the price froze...
Hi dear friends, hope you are well and welcome to the new trade setup of Internet Computer (ICP) with US Dollar pair.
Our last successful trade of ICP was as below:
Now on a daily time frame, ICP has formed a bullish Gartley pattern for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly...
I know this sounds crazy bc LSE:ICP has done nothing but fall since hitting the market, but feel like it's finally time for this thing to make a move.
Why?
- Looks like it's formed a bottoming formation (inverse H&S)
- OBV shows a inverse head and shoulders pattern forming on the right side of the price action on the weekly time frame (inverse H&S within an...
ICP has seen an incredible move over the last few days, where it gained almost 30% and severely outperformed the rest of the market.
Seeing that BTC is trading bullish/neutral, it's likely that ICP will continue to go up in the near-term. However, we're currently severely overbought, so a short-term correction might be coming.
The main resistance that I'm...
Internet Computer (ICPUSD) is rebounding aggressively for the second straight day on the 1D MA50 (blue trend-line). The price is about to complete an Inverse Head and Shoulders (IH&S) pattern. The technical target for such patterns, that are typically formed on market bottoms, is the 2.0 Fibonacci extension from the neckline's Resistance. That is at 17.800, just...
Hey traders,
Looking at ICP on the 12-hour time frame, we see the two local highs that were created and the question on everybody’s mind is can we go higher?
Breaking down the TA, we look like we’ve retested our levels of support at $5.24 and can now move up / change in direction to the upside. We may fiddle around between the $5.24 - $5.59 zone for a bit before...
Hi dear friends, hope you are well and welcome to the new trade setup of Internet Computer (ICP) with US Dollar pair.
Recently we caught more than 57% pump of ICP as below:
Now on a 4-hr time frame, ICP has formed a bullish Cypher move for next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow...
ICP project was announced with great fanfare and promised great features. However, ICP's price was in a long downtrend until recently when price broke the downtrend line and made a higher high and a higher low. It's too soon to surmise the major trend reversal has happened since at least another higher high and higher low is needed. Let's see what happens.
ICP has inverted H&S formation in weekly chart and it aims for 9-10$.
As we can see it tried the Minor support several times and got a good response so far.
If it can exceed the minor resistance, then we can expect the price will grow up to 9-10$.
Let's hope this coin can perform well in the Bull market.
This is not a financial advice. It is just a trial. You...
WILL IT LADDER up the way it came down probably not to new all time highs any time soon however I would not count this project out… They have been working hard… They don’t about the price, they award the developers for building with grants, they have so much going for them… they are the efficiencies are across the board compared to any other projects in blockchain...
My friends... I received so many messages about ICP, I get the feeling as if someone is knocking... "Tum, tum, tum... Hey, the update, DO IT!!!", so much insistence... But not even one of these was in the trade idea called "Name Your Altcoin", where I fulfilled all your requests...
But anyway, here is the analysis/update as I like to be of service and help.
The...
ICP is a devastating tech compared with any existing blockchain but its been bleeding 2 long years straight
Finally doing BOTTOM REVERSAL Play with Head & Shoulders pattern
Short Term Target $24
Long term 100X+
Fair value is Top 3
Head and shoulders and bottom are forming, great entry point. Target is on chart, +100 USD is easy.
Probably the best tech in Crypto though.
Good luck.
ICP, is it a dead project or just suffer from bad timing on the release?
This project was released with a lot of hype behind it but nothing but deflate and loose value ever since it's release. It something better than hype going for it right now and that is bullish divergence on the RSI and the MACD. The MFI showed a break above resistance and is trying to hold...
