Dfinityfoundation
Coincidence or price manipulation? I had not seen this before on chart. It has happened 3 times in last 2 months. Will it happen again and we might approximately predict the next correction day? This is just a wild idea that i noticed on chart, this is not a trading advice. But keep in mind these dates (22-24 november) and lets see what happens.
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!
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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!
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Thanks and have an awesome day!
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.
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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$+ mark. ;)
Be safe and take this as a type of lesson of fib levels, not a financial advice. The whole world can be eaten by giant alien until the end of the year, so basically do your own research and only invest what you can afford to lose.
Hit a like and follow for some more trend analyses. Have a beautiful and profitable week!
ICP clear scenarios for this bullrun by end of year or 2022 Q1It's as simple as this. The fib levels are almost always correct to some point.
The Fib golden ratio is about 1.618, so lets hit that 1000$+ 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!
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!
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.
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. :)