The price of ICP Internet Computer appears to be locked in a falling wedge on the weekly time frame, which means that the price is in a downward spiral that is tightening to the downside putting more pressure on the market and eventually a breakout will follow. On the RSI a slight positive divergence and the MACD which has been up for some time but is still below...
The price of ICP Internet Computer appears to be locked in a falling wedge on the weekly time frame, which means that the price is in a downward spiral that is tightening to the downside putting more pressure on the market and eventually a breakout will follow. On the RSI a slight positive divergence and the MACD which has been up for some time but is still below...
Structure looks good for a long here. This could be a winner. NFA. DYOR.
Was trying to explain Wyckoff to someone and so I explained it best I could then gave them a standard Wyckoff diagram. After that picked a random coin and looked at different time frames, and was able to spot a Wyckoff cycle. I marked up the chart with Wyckoff annotations and since I spent the time doing it I figured I'd share it to see if it helps anyone. This...
What we can see on the chart is a symmetrical triangle pattern . Take a position only if/when the price breaks out of the triangle. If the price breaks down, enter short. If the price choose upside, enter long position. Targets as shown in the chart. P.S Don´t forget to setup stop loss :) Good luck
Looking at #ICP and #BTC. Both assets made a lower low and if the RSI can hold strong there should be a incoming bounce for both assets in the coming weeks. But if sell pressure becomes to much we'll have to see where it goes. have Stop losses ready
Looking for a big final push down in nov.. I think this falling wedge will break downward instead of upward as I thought a few months back..gl
What we can see in the chart is a head and shoulders pattern. If this pattern plays out , we will see 30 % drop $4,20 may be a good price to buy more ICP if we get it. Long-term we still expect $80 . Short-term $4,20 would NOT be anything surprising. Enter the short position only if/when the price breaks down the neckline of the head and shoulders pattern.
Almost all Alts look the same, Bitcoin consolidation will not stay forever, this setup will be valid if we get a Bitcoin breakout to the upside and this can only happen when FED starts to cut interest rates after CPI decreases.
Was this a rug? Was this bad timing? I think people should DYO and see what they are working on… I believe they are still building in the background… This just a study Dca safely Gann theory
Ok bois, like I said before, (when icp was over 40$) buying opportunity will be under 10$ and now we have nice spot to take long position. Imho 200% move is on it's way.
Will ICP continue to fall… This is high risk with high reward… DCA safely… There are many investors that hold tons just waiting for this to explode so they can unload. However ICP could have the potential long term so… At $5 is it worth it maybe? If it jumps in the grid… but it may take some time? BITCOIN is being fickle… this is a study into Gann grids… Be safe...
Internet Computer D1 Chart- Looking at a potential reflexive bounce for a double top before retesting 4.60 for a double macro bottom. Key fibs levels and rings with targets id like to see play out..
i see very huge H&S if this will be confirm it will be very bad for icp hopfully not going to happen
Ok bitcoin dumping today can rekt this temporarily But i ain't seen a better setup for something on 🔥 sale All on the chart GRI 2022
All looks ok at present At the mercy of btc ofc Could be this week or might not be let's see how things go Going to have a good year imho GRI 2022
If we break the red line it's moon time Geometric charting Bull div GRI 2022
Support around 6.1 still hold. ICP could bounce from here to the resistant around 6.6. Then it could make H&S when BTC could make one last dump. It’s safer to buy if wait for break out 7.2 or test again 5.6