Kucoin $ICPUSDT Rounded Bottom ideaThis is basically a reminder-to-self to keep track of my Kucoin setups ever since I heavily transitioned to spot trading in Kucoin due to their higher volatility coins.
Internet Computer's $ICP coin is sitting on a 6x rounded bottom pattern, very likely to move according to Parabolic Curve Theory as it makes it's way up from it's bottomed price.
On the daily chart, selling volume is decreasing and BTC willing this might show strong signs to move up.
ICP
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.
Watching ICP Breakout or down The Internet Computer is the world’s first blockchain that runs at web speed with unbounded capacity. It also represents the third major blockchain innovation, alongside Bitcoin and Ethereum — a blockchain computer that scales smart contract computation and data, runs them at web speed, processes and stores data efficiently, and provides powerful software frameworks to developers. By making this possible, the Internet Computer enables the complete reimagination of software — providing a revolutionary new way to build tokenized internet services, pan-industry platforms, decentralized financial systems, and even traditional enterprise systems and websites. The project was founded in October 2016 by Dominic Williams, and attracted notable interest from the crypto community. DFINITY raised a total of $121 million from contributors such as Andreessen Horowitz, Polychain Capital, SV Angel, Aspect Ventures, Electric Capital, ZeroEx, Scalar Capital, and Multicoin Capital, and several notable early Ethereum supporters. In 2018, over 50,000 registerter participants received ICP utility tokens in an airdrop. On December 18, 2020, DFINITY launched the alpha mainnet of the Internet Computer. In a final step towards decentralization, on May 10, 2021, DFINITY launched the Internet Computer into the public domain. This major milestone means that the internet now functions as a decentralized global computer — marked by the release of all of the Internet Computer’s source code into the public domain, as well as ICP utility token allowing tens of thousands of community members to govern the Internet Computer network.
ICP - The Biggest sell off (Almost Time) I've been watching ICP since the release. It was a top 3 out of nowhere. Then weeks pass and its been on a constant drop. Remember the Marketcap is still in the billions. There are a lot of money within ICP. I believe it will go back to 100-140 dollars or beyond. I have a Target of around 30 Dollars, after that, we should be able to start climbing up.
ICPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
We drew a resistance line. If the price can break the resistance line upwards, and stabilizes above that, it can advance to our next targets.
But if we see weakness in the process and it can not break the resistance line upwards, we predict a fall to the support lines.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
ICP parallel channel#ICPUSDT
$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, that is around 1.414 fib level of this swing low.