$ICP supported very well from support zone. if price going to close a daily candle above the current descending resistance line , it will head up to touch the middle line of parallel channel, where meet another resistance line from longer before.
and if bulls success to break this resistance then #ICP will increase more to touch the upper line of channel,...
After the huge move downwards leaving a 4h supply zone, price consolidated between the support at $55.2 and the resistance at $62. MACD is showing bearish weakness but RSI is still sold. Price needs to reclaim $55.2 and close above it in order to expect bullish movements.
💎 ICPUSDT has been moving along the ascending channel. The price has got supported by the green rectangle and could not break below it. How ever there is a chance that it goes lower to $52 and then moves higher.
🏁 Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 52.00
☕️ TP1 89.00
I am a firm believer in the adoption of cryptocurrency and blockchain technology and one of those that I believe in most is Internet Computer Protocol.
Upon release, the coin hit 2800USD....and then tanked.
I speculate it tanked as there were many people desperate to cash out their free ICP air drops, to a market that didn't have enough buying...
#ICP maybe worth it to add this coin to your Watchlist. 👀
add to watchlist means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume , showing a reversal candle, accumulation stage, etc, but no reaction from bulls, so we inform you to add it to your watchlist until the right time...
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.
Friends who have bought for a shorter period of time, I have tried to set short-term goals and support for you
And the same goes for friends who have bought in the medium term
Now that Bitcoin is down, all the altcoins are gone, so please don't be afraid if you bought it at around $ 60.
Now is the time when you do not even need to watch the chart
Be a little...
As I predicted before ICPUSDT will move up. So far trade is moving in positive direction and It has positive potential entry point to move up 10X. First target will be 180.0 then 700.0 level. Both are initial targets. This pair will give you potential lower entry point to catch best price. Enter when price is between 25-40 level. If you like my ideas then support...
In this video I break down my favorite technical setups for this week in the cryptocurrency markets. I go through my top 5 last so feel free to skip ahead if you like. Please remember this is not financial advice. Good Luck!
The price is kept squeezed with minimal volatility in an uptrend. A triangular formation has formed (upward triangle) with a base of 80%. The price is squeezed into a corner. The denouement will happen soon. Zones of levels from which further trend development depends on are indicated with arrows.
Coin in the Coinmarket: Internet Computer ICP
HERE IS A GREAT EXAMPLE OF BULLISH DIVERGENCE. WE CAN SEE A AMAZING BREAKOUT AFTER THE BULLISH DIVERGENCE.
ONE CAN ENTER AFTER SOME PRICE ACTION CONFORMATION.
FOR MORE DETAILED IDEA ABOUT BEAR AND BULLISH DIVERGENCE FOLLOW US.
LET US KNOW WHAT YOU THINK ABOUT DIVERGENCE IN COMMENTS SECTION.
*LONG TERM MOMENTUM SHIFT SETUP*
AVAX has been one of the best performers in the top 100 for the past few weeks. Due to the Avalanche Rush liquidity migration event on September 21st, I expect this to continue for some time.
ICP/USDT has been badly bruised after suffering a -90% correction and being one of the worst performers within the top 100 the past few...