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Internet Computer / Bitcoin

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ICPBTC trade ideas

✳️ Internet Computer Bottom Based On Divergence Leads To 10X+This is one of the strongest divergence we've seen in a while, it has been building up since the year 2021. The Internet Computer (ICPBTC) has been dropping and producing lower lows long-term while the daily MACD has been producing higher lows. We have some weak/early reversal signals based on the candles and price action but with this divergence in play, if a trend of change happens with the next target being around 0.0017000 that's more than 1,000% or 10X; long-term growth. Great potential indeed. We would have to wait and let it develop to see how it goes. These are just early signals, things can change but in the case of change (support being broken), we can focus on the long-term and the high potential target remains valid for when the actual reversal shows up. The market moves in cycles... Up and down, up and down. Like the waves of the ocean. Like day and night. Like growth and decay. Life and death. While some analogies can't be adapted 100% to how the market works, these pairs are in a long-term growing phase, a new technology, early in their lives... Like a child who plays, sooner or later he/she becomes an adult. It is inevitable... That's a better analogy. These are children playing now but while they play, their bodies continue to grow. Soon it will be obvious and instead of a game these will be the technologies of the future, the daily apps, tools and programs we use to live our lives, just as Google, Apple, Microsoft and the rest now control the world. That's Cryptocurrency for you. The future... Many projects will fail but we can't know before-hand, so they are still great for making money. Many projects have already been established. You can trade for fun, for money, both, or you can position yourself to be part of this evolution. The evolution of finance, the evolution of money. The evolution of computers, the evolution of gaming, the evolution of the Internet, the evolution of human interaction, the evolution of entertainment, the evolution of the social structure. Our own evolution. Cryptocurrency is about us. Welcome to the Internet 3.0. Namaste.
Long
by AlanSantana
2
✳️ The Internet Computer vs Bitcoin | ALTSBTC RevisitedThe Altcoins vs Bitcoin pairs (ALTSBTC) have been lagging behind, this is no secret. You can hold an Altcoin through its BTC pair and see your BTC drop while you keep the same USDT value but we trade the BTC pairs because we want more BTC. Then you can see some of these pair only grow 60% or 80% while the USDT pairing grows more but you have to consider the whole picture. When your BTC pair grows 50% and Bitcoin grows 100% there is a multiplier effect in place. Example: If you hold 0.10 BTC, a 50% rise will end at 0.15 BTC. If Bitcoin's value is $10,000 you end up with $1,500.
(0.10 BTC = $1,000 + 50% = $1,500 or 0.15 BTC x $10,000 = $1,500). Now, at the same time that your Altcoin went up, Bitcoin doubled in price, say in 3 months. If Bitcoin's value is $20,000 in this example, your 0.15 BTC is now worth $3,000. Your initial $1,000 ends up as $3,000 which is 300% earnings or a 200% profit. Trading Bitcoin pairs can be a bit more complex but highly profitable if done correctly, at the right time or with patience. An Altcoin pair can go down for 3 months and then a recovery can happen within 3 day, the Cryptocurrency market is very volatile and complex. The initial recovery can happen fast and then a long time for the bullish wave to develop... Patience is needed to play this game. Whatever you choose is up to you and it is wise to study, do some research before trading. At one point things can look really bad, at another point everything suddenly changes. If one can follow a plan, the stop-loss it is easy to win, discipline is needed. The risk is limited to 10%, 15%, 25% or whatever you choose... The upside potential is unlimited. The RSI just hit its lowest level ever, the last time this happened back in December 2021 a bullish wave followed. The same scenario can repeat as an oversold RSI is one of the first signals that show up before a change of trend. Choosing Bitcoin or Tether depends on your experience, strategy or goals, I use them because I focus on the long-term, buy and hold. We diversify and use a mix of different systems just in case one doesn't work the other can protect you. The choice is yours. This is not financial advice. Thanks a lot for your support. Namaste.
Long
by AlanSantana
✳️ ICP vs Bitcoin, 111.11%+ Bottom CatchI got the bottom, I got the bottom... Ok let's get serious. In June 2022 we have a "V" shaped bottom. In March/April 2023 we have a "W" shaped bottom. Or we can call these irregular and regular bottoms, it doesn't matter though the signal is the "alternation". Another signal is the time duration. Followed by the market cycle and the rest of the Altcoins. Many Altcoins that are going through this same pattern already moved ahead. These ALTSBTC produced a bullish wave early 2023, the March correction took prices to new lows and this is followed by a strong recovery... We are seeing three digits growth in a matter of days. Meaning that the lower low is not a continuation of a bearish trend but instead a market move. Anyway, the really important part is the opportunity in front of us, since we hit a new low the risk is low. You get 3-5% risk with 111.11% or more potential for reward. The best RR ever... That's why I prefer bottomed pairs/coins. Namaste.
Long
by AlanSantana
1