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Dfinity

Dfinity -ICP Internet ComputerInternet Computer is a third-generation blockchain developed by Dfinity. One of the goals of which is the creation of a decentralized Internet. Internet Computer is based on the new programming language Motoko. It is open-source that supports advanced work with smart contracts and the creation of scalable, high-performance decentralized applications and services. At the moment, the Dfinity team has more than 200 employees. There are a lot of famous personalities. ICP aims to create a "blockchain singularity" in which every system and service is rebuilt and reimagined using smart contracts and runs entirely on the public blockchain without the need for traditional IT. Project management is largely under the control of the Internet Computer community. In addition, Internet Computer will use its so-called chain key cryptography to integrate with Bitcoin, paving the way for smart contracts with native BTC addresses to be hosted on Internet Computer. What is an ICP token? The ICP token provides gas to the network and allows holders to vote on proposals that will shape the future of Internet Computer. Users create "voting neurons" that allow them to vote either manually or automatically by tuning their neurons to follow other neurons. You can read more about neurons in the article. www.dfinitycommunity.com Also, you can lock your ICPs for a period of 6 months to 8 years and receive profitability for participating in voting. Back in 2018, people were given 28 ICPs for registering on Coinlist and verification, and 120 ICPs fell for testing the system. For three years people have been waiting for their drop, looking after their cars, thinking about the comfortable future that the ICP drop will bring them. The reality turned out to be not as colorful as dreams. Instead of hundreds of thousands of dollars, people received annual vesting for tokens, and the ICP price quickly rolled away from $500 to $50. Projects on ICP: Plug Wallet - the convenient wallet, a browser extension; Stoic Wallet - another wallet for the ICP ecosystem; Fleek - the product that includes hosting web resources and applications, cloud storage; District - the fully decentralized, community-built professional social network; DSCVR - the decentralized version of Reddit on ICP; OpenChat - the decentralized messenger; IC Drive - Decentralized Data Warehouse; ICmoji Origins, Texas Holdem, Mission is Possible, Reversi - ICP games; Enterot - NFT marketplace; DFinance, ICPSwap - DeFi projects (swaps, farms, etc); More projects here: dfinity.org ICPSquad: twitter.com In short - by having an NFT personage and performing any interactions within the ICP ecosystem, you get a chance to earn tokens and accessories for your personages. If you missed it - you can still take an avatar in pre-order. If you plan to dive into the ICP ecosystem - it will be much interesting with an avatar. I don't see anything original in the ecosystem. Decentralized social networks and versions of the tools we're used to are good, but speculators can't make money here. We look forward to our pre-order avatars and the emergence of serious DeFi products. We plan to use ICP in all applications where it will be possible to obtain ICPSquad accessories. ICP ranks 27th in terms of capitalization, with a cap around $7.61 billion. Is it worth buying an ICP token now? I think this is a good idea for a small percentage of your deposit in the long run. Reasons for growth: 1) The chart since June represents accumulation in the range of $30-80. Blockchain hype can reach the Internet Computer sooner or later, and we will see a good way out of accumulation. 2) Fork Badlands - BDL tokens will be issued to ICP holders. 3) Launch of smart contracts on the bitcoin network. Best regards, EXCAVO
by EXCAVO
18
Three bullish patterns What Are Adam And Eve Chart Patterns? Adam And Eve chart pattern formed when one sharp V-shaped first bottom low is made on high volume. This is the first “Adam” bottom. Then the price bounces back higher but later goes lower a second time to create a second cup shape as a second bottom that is the “Eve” on decreasing volatility and a tighter price range. What Is an Ascending Channel? An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing lows, and an upper channel line that joins the swing highs. What Is an Inverse Head and Shoulders? An inverse head and shoulders, also called a "head and shoulders bottom," is similar to the standard head and shoulders pattern, but inverted, with the head and shoulders top used to predict reversals in downtrends.
Long
by Crypt0_Ninja
5
Wyckoff Double Bottom Accumulation Accumulation: Wyckoff Phases Phase A: Phase A marks the stopping of the prior downtrend. Up to this point, supply has been dominant. The approaching diminution of supply is evidenced in preliminary support (PS) and a selling climax (SC). These events are often very obvious on bar charts, where widening spread and heavy volume depict the transfer of huge numbers of shares from the public to large professional interests. Once these intense selling pressures have been relieved, an automatic rally (AR), consisting of both institutional demand for shares as well as short-covering, typically ensues. A successful secondary test (ST) in the area of the SC will show less selling than previously and a narrowing of spread and decreased volume, generally stopping at or above the same price level as the SC. If the ST goes lower than that of the SC, one can anticipate either new lows or prolonged consolidation. The lows of the SC and the ST and the high of the AR set the boundaries of the TR. Horizontal lines may be drawn to help focus attention on market behavior, as seen in the two Accumulation Schematics above. Sometimes the downtrend may end less dramatically, without climactic price and volume action. In general, however, it is preferable to see the PS, SC, AR and ST, as these provide not only a more distinct charting landscape but a clear indication that large operators have definitively initiated accumulation. In a re-accumulation TR (which occurs during a longer-term uptrend), the points representing PS, SC and ST are not evident in Phase A. Rather, in such cases, Phase A resembles that more typically seen in distribution (see below). Phases B-E generally have a shorter duration and smaller amplitude than, but are ultimately similar to, those in the primary accumulation base. Phase B: In Wyckoffian analysis, Phase B serves the function of “building a cause” for a new uptrend (see Wyckoff Law #2 – “Cause and Effect”). In Phase B, institutions and large professional interests are accumulating relatively low-priced inventory in anticipation of the next markup. The process of institutional accumulation may take a long time (sometimes a year or more) and involves purchasing shares at lower prices and checking advances in price with short sales. There are usually multiple STs during Phase B, as well as upthrust-type actions at the upper end of the TR. Overall, the large interests are net buyers of shares as the TR evolves, with the goal of acquiring as much of the remaining floating supply as possible. Institutional buying and selling imparts the characteristic up-and-down price action of the trading range. Early on in Phase B, the price swings tend to be wide and accompanied by high volume. As the professionals absorb the supply, however, the volume on downswings within the TR tends to diminish. When it appears that supply is likely to have been exhausted, the stock is ready for Phase C. Phase C: It is in Phase C that the stock price goes through a decisive test of the remaining supply, allowing the “smart money” operators to ascertain whether the stock is ready to be marked up. As noted above, a spring is a price move below the support level of the TR (established in Phases A and B) that quickly reverses and moves back into the TR. It is an example of a bear trap because the drop below support appears to signal resumption of the downtrend. In reality, though, this marks the beginning of a new uptrend, trapping the late sellers (bears). In Wyckoff's method, a successful test of supply represented by a spring (or a shakeout) provides a high-probability trading opportunity. A low-volume spring (or a low-volume test of a shakeout) indicates that the stock is likely to be ready to move up, so this is a good time to initiate at least a partial long position. The appearance of a SOS shortly after a spring or shakeout validates the analysis. As noted in Accumulation Schematic #2, however, the testing of supply can occur higher up in the TR without a spring or shakeout; when this occurs, the identification of Phase C can be challenging. Phase D: If we are correct in our analysis, what should follow is the consistent dominance of demand over supply. This is evidenced by a pattern of advances (SOSs) on widening price spreads and increasing volume, as well as reactions (LPSs) on smaller spreads and diminished volumes. During Phase D, the price will move at least to the top of the TR. LPSs in this phase are generally excellent places to initiate or add to profitable long positions. Phase E: In Phase E, the stock leaves the TR, demand is in full control and the markup is obvious to everyone. Setbacks, such as shakeouts and more typical reactions, are usually short-lived. New, higher-level TRs comprising both profit-taking and acquisition of additional shares (“re-accumulation”) by large operators can occur at any point in Phase E. These TRs are sometimes called “stepping stones” on the way to even higher price targets.
Long
by Crypt0_Ninja
13
ICP Daily Head and ShouldersThe Price of ICP has been in a downtrend for months now. We have seen a breakout to the upside from the 5th of Nov, taking the Price to $58. If ICP is able to hold the trendline, then we could see in the coming weeks a potential break of the $87 ATH from September, and go to, or beyond the $100 mark. I see a potential £200 end of year due to the BTC smart contract integration that could bring a lot of hype to the project, if the Bull Market extends till end of Q1 2022, then we could see ICP go back to to the ATH from launch at $450. Do your own research before investing, and trade safe my friends!
COINBASE:ICPUSDLong
by SimonSai333
1
Possible short downside to 47-48$ for a retest of support.We are going higher for the past 3 days, but volume is getting lower on each day. RSI is showing a small bearish divergence for the past days. We have not yet retested the brake out line and 50day EMA with a red candle. This is just an idea, because we cannot go up in a straight line. We are still in an uptrend and ICP will reach higher targets in next days, weeks. Everyone is just publishing the positive here, so lets keep in mind some small bearish scenarios too. Keep it safe and have an awesome day! Hit a like if you appreciate my thoughts.
by UnknownUnicorn26369879
13
Will the recent scam wick repeat or can we hold the trendline?At this moment there is 40/60 chance of us dropping to 40$ range like week ago or holding the new trend line after yesterdays breakout. The chart looks exactly the same, but what's better this time is, that we did break above downtrend and EMAS are crossing as a bullish sign which did not happen last time and if we can keep 48$ then the drop is invalidated. Keep and eye out at this moment as its a break or make move today happening. Leave your thoughts and have a safe trading! Hit a like and follow if you would like to get more updates. Thanks and have an awesome day!
by UnknownUnicorn26369879
16
ICP broke out of long downtrend + EMA 50 and 180 soon to cross!Last night i had a nightmare that ICP dropped to 20$, and its good that nightmares don't come true. As of this moment ICP has broken out of 2 month long downtrend and if today we stay above 48$ and don't fall back to 43$, then the 50 day and 180 day Exponential moving average lines will cross for first time since 6 august(3months ago), at that point we can see a good uptrend to 80$+ Fingers crossed and keep it safe. Do not overleverage as this asset is volatile. Hit a like and follow if you appreciate my comment and have a happy day!
by UnknownUnicorn26369879
3
ICP clear scenarios for this bullrun by end of year or 2022 Q1It's as simple as this. The fib levels are almost always correct to some point. The Fib golden ratio is about 1.618, so lets hit that 1000$+ mark. ;) Be safe and take this as a type of lesson of fib levels, not a financial advice. The whole world can be eaten by giant alien until the end of the year, so basically do your own research and only invest what you can afford to lose. Hit a like and follow for some more trend analyses. Have a beautiful and profitable week!
by UnknownUnicorn26369879
2
ICP clear scenarios for this bullrun by end of year or 2022 Q1It's as simple as this. The fib levels are almost always correct to some point. The Fib golden ratio is about 1.618, so lets hit that 1000$+ mark. ;) Be safe and take this as a type of lesson of fib levels, not a financial advice. The whole world can be eaten by giant alien until the end of the year, so basically do your own research and only invest what you can afford to lose. Hit a like and follow for some more trend analyses. Have a beautiful and profitable week!
COINBASE:ICPUSD
by UnknownUnicorn26369879
ICP currently struggling. Be careful at this moment.Hey, hey! I am 200% for the project and i believe in it, but we have to follow the chart so we do not get burned. Currently ICP is struggling and in the next hours or day we will see if we can keep the push upwards or it falls again to its support levels (check chart for info) The bad: We have a huge head and shoulders pattern on daily chart since 21, July and if it drops we are moving down to $30 There is a small head and shoulders on hourly, if it drops we move down to $40 The hourly volume is showing a decrease in the last 3 days. That is a bearish sign. If it goes under $42 , then we have broken the upwards channel and moving to $40 The good. We are keeping a new channel that is going up for the last 3 days. If we can break the downwards trendline then ICP is still bullish and not going down. The MacD levels are low on all charts that is always a bullish sign that there is a lot of room to grow. We still have a hidden bullish divergence on the daily RSI, that is bullish too. And we are at the bottom of BB bands, that is a sign that there is a room for upside if it can keep its momentum. Supports zones at: $40 - $37 - $35 - $29 Possible upside: Short term 46-56 $ long term in this last part of bullrun until 2022 spring 300-1200$ Keep it safe and do not overleverage, it mostly ends with u loosing your hard earned money. Thank you and hit a like and follow if you want me to update you on more on ICP and other great projects. :) Have a wonderful week!
by UnknownUnicorn26369879
5
ICP ready?ICP has just broken out the falling wedge. Bullish price pattern. It may retest the support trendline, but I expect an acceleration upwards.BB is shrinking, suggesting high volatility ahead. It just previously completed the primary trend wave 1, wave 2 was completed with the touch of 0.618 fib retracement target: first target 78, second target 130, Final target 262. I will, however, sell most of it at 175, just in case, it is a wave C, considering the previous downtrend.
COINBASE:ICPUSDLong
by CFcryptoTA
1
ICP - Massively underrated project with huge upsideHey! Il keep it simple on ICP, check the chart to see my comments. I have made a huge research on this project and from what I have gathered I am 200% in on it for the short term and long term. I believe ICP can reach a target of 500-1000$ by end of this year and up to 2000$ on 2022. ICP plans are like the start of the 90's when internet was something that no-one had seen before and if they succeed then it will be as large as if not larger than BTC or ETH, raking it in the top5 coins in next year or two. But this is a bullish scenario if the whole market moves up. Basically it will be the blockchain mother of all new blockchains in the future, bringing true decentralization. As we know currently none of the crypto projects is truly decentralized because the whole internet is managed by few huge companies and ICP plans are to change that and give back the power to the people. This is not a pump shill fun coin , this is a massive project with real world problem solving solutions and they are pioneering the way. I agree to disagree with you if our thoughts are not the same. This is my personal opinion on what I have researched. I even can't comprehend the tech that is behind it. There is a lot new to learn. So the Technical at the moment: Possible drop to 26-35 range and then heading up. Best scenario we hold the 40 zone that is a strong support at the moment and we go up from this point. Worst scenario it goes to bear market and drops even under 26. In that case I would be happy to buy even larger bags. Thanks and have a wonderful day and safe trading! Hit a like and follow if you support my idea. :)
by UnknownUnicorn26369879
3
ICPUSD Long Term Price TargetsDfinity’s Internet Computer has had quite the introduction to the crypto markets after the ICO listing, the price dropped from $600 to about $40 in less than a month. It has gotten all of the worst news coverage as it dropped at the top of the current market cycle, so it’s only been listed in the midst of a bear market. Now with Bitcoin, Ethereum and all of the other cryptocurrencies reversing back to the upside, the ‘third generation’ looks like its finished with its accumulation phase and is now looking for upside price targets. At the moment, ICP is looking to regain this uptrend as a level of support and claim new local highs. Once ICP regains this uptrend and breaks out of the $67 - $70 price barrier, it is going to reach $100+ and reclaim some of its previously found highs from this year. The targets i’m looking at for the long term on this $48 entry are:
 TP1 🎯 $107.40 TP2 🎯 $124.83 TP3 🎯 $164.15 TP4 🎯 $249.28 TP5 🎯 $364.06 As always please do your own research, I am not a financial advisor and this should not constitute as financial advice.
Long
by kyer
15
Icp - bearmarket ahead? If ICP doesn't brake above the ristance, I see a bearmarket till next year! My targets are then 10 dollars! Everything depents on the big investors, if they are not willing to buy soon. Bearmarket it is. Maybe they need to wait after court untill things are cleared out? And show some more usecases before big investors are willing to buy? Time will prove, but I still don't see enough buying power. More rejections and dumping then real support to be honest. Plus we are dealing with a double top also.. Brake it ore make it. ICP haves a few mountains to climb anyway...
BINANCE:ICPUSD
by UnknownUnicorn16846612
13
$ICP/USDT 4h (Binance Fut.) Descending channel under resistanceInternet Computer Protocol (formerly known as Dfinity) has broken bearish after ascending TL was lost. Now retesting 50MA resistance, we expect to bounce back on it and continue the retracement down. Current Price= 63.24 Sell Entry = 63.98 - 67.14 Take Profit= 58.63 | 53.85 | 49.48 Stop Loss= 71.42 Risk/Reward= 1:1.18 | 1:2 | 1:2.74 Expected Profit= +21.14% | +35.72% | +49.06% Possible Loss= -17.88% Fib. Retracement= 0.382 | 0.5 | 0.618 Margin Leverage= 2x Estimated Gain-time= 10 days
Short
by TradingOn