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ICPUSDT

Internet Computer | Looks Weak But... (70-124% Potential Growth)The Internet Computer vs Tether USD (ICPUSDT) chart looks weak, I'll give you that, but out of weakness comes strength. From small to big. We are born babies, we become children and we grow. No wait... A seed is tiny, completely sealed, it is so small. You plant the seed, water it, nourish the soil and it grows. It can turn into a huge tree, it becomes BIG yet it starts from something very small. Ok nevermind that. 10-November we have a strong reversal candle. 21-Nov. we have a lower low compared to 9-Nov. and also compared to 13-June but the volume is so much lower. You see lower support levels being hit while the bear volume continues to decrease. This is a bottom signal. The past 6 days ICP closed green. Yes, the chart looks weak but 6 consecutive green days is always positive. The charts can always change... But ICPUSDT is likely to grow in the coming days. Namaste.
Long
by AlanSantana
23
ICP's price trend was in the low-range timeframes!During the last two weeks, ICP's price trend was in the low-range timeframes. After the last bearish wave took the price to the $3.5 support level, we could have expected a range trend with a positive reaction the next day, November 10. In the second encounter to the support of $3.5, a positive reaction has been observed again. But the resistance that prevents further price growth is considered in the range of 4 to 4.17 dollars. which has prevented price growth many times in the past few days. As you can see on the daily time frame, the price is in the upper half of the long-term descending channel, and on the other hand, the failure to break the $3.5 support could be a sign of possible upside for the medium term. For the short-term, an ascending channel has been broken downwards in the 1-hour timeframe, which short-term upward movements can be considered a pullback. Short-term support is in the $3.60-$3.62 range, and a positive reaction is expected from this area. Therefore, if we have support in the market and the floor of $3.5 is not broken, we can expect the price to grow to $4, $4.6, and $5 targets from this range.
by MonoCoinSignal
2
ICP Unchained?Bearish Idea ICP looks like copying the same price action as before it did in the box labeled 1. I believe it will rise to Retest the area around 4.5-4.6. If the price got rejected from that area than we could expect more fall till to 3.5-2-1.5. Bullish Idea FTX was one of the main reason why ICP fell so much but beacuse of the late events, maybe it could be a chance ICP to get rid of it's chains. In that case, if it can break the upper trendline(the black one), then we could expect more rise up to 9.80. For the both case, I think we should wait for the comformation. Not a financial advice. I am just correcting my previous graphs.
by Dantefe
2
#ICPUSDT Bullish breakout rade setup: Bullish breakout from Falling Wedge pattern, which can be a reversal pattern (bullish) once price breaks out. Price could rally to $7-8 resistance area. (set a price alert). Patterns: Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Most traders should wait for a completed pattern with a breakout and then place a BUY order. Trend: Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis. Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). OBV (On Balance Volume): is flat, indicating that volume on Up days is equal to volume on Down days. Hence, demand from buyers and supply from sellers are in equilibrium Support and Resistance: Nearest Support Zone is $5. The nearest Resistance Zone is $8, then $10.
by Cryptbergofficial
1
ICP/USDT Local trendLocal trend (part of the secondary), clamping in the lower part of the channel (which was formed after the huge descending wedge broke down under the market dump). Logarithm graph. Timeframe 1 day. Coin in coinmarket : Internet Computer ICP Line chart. Main trend This is a wedge that was broken down after +40% growth and an unsuccessful retest (rationality under the market movements). ICP/USD Main trend.Falling wedge This is how the main trend looks now after the market dump. Pay attention to which zone the price is now. Line chart. 3 days timeframe
by SpartaBTC
21
Possible trend reversal Looks like ICP has found it's floor price around 4.59 Have a nice double bottom, which usually indicates selling pressure exhaustion. Running out of room and expecting a nice move soon. As always the safest entry would be a retest of a breakout. NFA and DYOR 🌞 They should come out with BTC integration testnet late November, which could be huge. That means they will tokenize an on-chain Dapps which allows users to send/receive BTC without bridging. I would consider this as a midterm hold. Happy trading
Long
by decentFerret27197
2
ICP/USDT READY FOR A 50% MOVE TO THE UPSIDE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this ICP/USDT trade setup. ICP looks bullish here. Breaks out from the falling wedge-like structure in the daily time frame, expecting a good 40-50% rally from here. Buy some here and add more in the dip. Entry range:- $5.2-$5.5 Target1:- $5.9 Target2:- $6.6 Target3:- $7.2 Target4:- $8.1 SL:- $4.9 You can use low leverage here (2x-4x) according to your risk appetite. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
5
ICP is touching the bottom of the wedge againICP is forming a somewhat WEAK BULLISH pattern. It is at the bottom of the wedge again + doing a mini double bounce -- > both of these are bullish signs . But it's not enough to confirm a long term bullish trend. If the coin does rise in price, the first level of resistance is the ORANGE line, where upon passing this, it has a high chance of going up. Rejection: The first proper and very strong resistance zone for it to get rejected at is exactly where both the FIB 2.618 and top of descending wedge meet. that would be around the $8.6 mark. I doubt it will get there, and just be rejected $7.69 --> fib level. Even if it breaks that, there is no guarantee of it going up because it's still lacking the volume. My estimate is that it will get rejected at this spot and come down again ... if it even goes up to begin with.
by BARSTrading