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ICP

ICP Did It! What is Next?In my previous analysis, I had mentioned that ICP coin would rise from $3.60 to $8.20. Despite ICP dropping from $500 to $3, it is still a strong project and my favorite coin. Unfortunately, due to VC involvement, the coin that had fallen so much has finally started to show a strong uptrend. What is next? RSI is oversold, and price made a huge pump (+%50) since yesterday. Therefore, I believe ICP will make some corrections. As I point it out in the graph, if it starts to do some correction, I believe around 7.50$, we will see some reversal to go up to 15$. If it doesn't stop here, it can directly go to 15$, but I believe it will rejected from there and will do some corrections. In that case, I will publish a new analysis. This is my trial. Not a financial advice.
Long
by Dantefe
2
Filecoin Rejected; Another 80% Drop Coming?Filecoin showing EXTREME WEAKNESS. While most other DePIN projects have pumped, Filecoin has failed to do so. It keeps rejecting around $6, which is a BAD OMEN because every other coin has had no problem breaking through resistance. It's unlikely Filecoin will breakout because altseason is over and bitcoin is about to see a major correction. If you bought Filecoin above $10, chances are you will never break-even, let alone make a profit (the ATH of this shitcoin was over $200!). Maybe Filecoin will reach $10-$12 as the TOP FOR THE NEXT BULL MARKET, when Bitcoin is $200,000. I expect another 80% dump for Filecoin!
Short
by couldntcomeupwithone
23
ICP/USDT Bullish Horizons what next? 👀 🚀ICP Today Analysis💎 Yello, Paradisers! Get ready for an exciting opportunity with #ICPUSDT. It's currently in a demand zone and poised to breach a supply level, signaling a high chance of a bullish move after this breakout. 💎 We've noticed that #InternetComputer often successfully follows a pattern where it breaks above a descending trendline and initiates an upward trajectory, consistently creating higher highs and lows. If it breaks through the supply level at $5.293, we're likely to see a strong bullish surge to overcome a major supply barrier. 💎 However, if it struggles to maintain this upward momentum, there's a chance it might seek bullish continuation from its previous support zone at $4.018. A fall below this could lead to a significant downward trend. Stay alert and watch these levels!
Long
by MyCryptoParadise
3
ICP- Where to buy/re-buy?In my recent post on COINBASE:ICPUSD , I posited that, subsequent to the breakout above the long-term falling wedge pattern, the price had the potential to experience a significant uptick, possibly resulting in a 100% increase. True to this projection, the price not only surpassed my initial $10 target but peaked at $12. Currently, the coin is undergoing a normal correction, presenting traders with a fresh opportunity to enter the market. My point of interest for this correction lies around $8, with a target set at the recent high of $12.
COINBASE:ICPUSDLong
by Mihai_Iacob
5
ICP- Huge falling wedge for 100% riseBINANCE:ICPUSDT has been trading in an immense falling wedge for a year and a half now. At this moment the coin is exactly in the pattern's resistance and a break could fuel a strong rise. The recent rise, although not so aggressive as in other coins could be interpreted as an accumulation in a rising channel which also adds to my bullish outlook. In conclusion, I'm bullish ICPUSDT as long as it stays above 4 USD and, considering a target around 10usd, a 1:5 risk: reward could be achieved.
Long
by Mihai_Iacob
4
♥ ♥ Double Bottom Patterns ♥ ♥A double bottom pattern is a classical pattern that indicates a change in trend and a shift in momentum from bearish to bullish. It is composed of two consecutive troughs that bottom out at roughly the same price level. This level acts as a support for the price. The double bottom formation is a bullish reversal pattern that is created after a prolonged downtrend. In order to identify this pattern, you will need to look for the following: 1. Two distinct troughs that bottom out at roughly the same price level. 2. A moderate rally in between the two troughs, creating a resistance. 3. A break above the resistance after the 2nd trough is formed. If you see a chart with these characteristics, you have recognized a double bottom pattern. This pattern is regarded as a very reliable reversal signal, and traders frequently use it to enter long positions.
Long
by Bit-Xploid
20
#ICP/USDT 2D (#BinanceFutures) Big falling wedge break & retestInternet Computer seems to have found bottom on historical demand zone, RSI entered oversold territory, recovery towards 100EMA would make sense. ⚡️⚡️ #ICP/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Long) Leverage: Isolated (1x) Amount: 9.4% Current Price: 3.804 Entry Targets: 1) 3.390 Take-Profit Targets: 1) 6.098 Stop Targets: 1) 2.305 Published By: @Zblaba CRYPTOCAP:ICP #ICPUSDT #InternetComputer #Dfinity #Web3 Risk/Reward= 1:2.5 Expected Profit= +79.9% Possible Loss= -32.0% internetcomputer.org dfinity.org
Long
by TradingOn