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ICP

ICP: Approaching ResistanceThe Internet Computer (ICP) technical analysis: Trade setup : Bullish breakout from consolidating in a Sideways Channel ($3.50-$5.00). It’s now approaching 200-day moving average (resistance) around $6 and it’s overbought (RSI ~ 70), so it’s likely to get rejected here and pull back some near-term. Wait for price to either 1) break above $6 to resume uptrend with upside potential to $7.50, or 2) pull back near $5 support for a swing entry. Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis. Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $5.00 (previous resistance), then $3.50. The nearest Resistance Zone is $6.00, then $7.50.
Long
by altFINS
✳️ ICP vs Bitcoin Looks Ready...As the USDT pairs move to retrace (correction phase), the BTC pairs will take the time to move ahead. One thing though, we have so many altcoins that not all will enter correction phase... We can see many growing on both sides but the end result is bullish... Look at this, ICPBTC looks ready for green. Yesterday's candle shows the bulls and bears fighting while the bulls won. Strong indicators, green today, trading above EMA50, EMA21 and EMA10... This one looks ready! More details on the chart. Namaste.
Long
by MasterAnanda