ICPUSDT
ICPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ICPUSDT
The price is fluctuating in a descending channel and now it is reaching the bottom of it. Now we have the price in the support zone and it is fluctuating over the support line. We believe it can move to the height of the channel and reach the resistance line.
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
Project With An Actual UseInternet Computer (ICP) is a decentralized blockchain network that was officially launched in May 2021 by the DFINITY Foundation with a global goal to push the boundaries of Internet functionality and support smart contract development at a larger scale.
With Internet Computer, absolutely anyone can create software and run it on the Internet; any user can get acquainted with blockchain technology, any developer can create a DeFi application.
All work processes take place in a decentralized network on special equipment, whereas many other blockchains run on the cloud.
Internet Computer is primarily about speed: the ICP cryptocurrency works at web speed.
ICP is backed by the crypto industry, with respected investors including Andreessen Horowitz, Aspect Ventures, Electric Capital, CoinFund, Fenbushi Capital, LedgerPrime, Multicoin Capital, SNZ, Scalar Capital, ZeroEx, Intl., a16z Crypto, and Polychain Capital.
ICP losing values since day1.
Right now we are in a strong downtrend in the weekly chart and there is no sign for bullish movement.
But for the next cycle this could be a pretty good buy since it has a lot of instutional investors and actual usage to improve blockchain technology.
Always invest in tech. I do believe in the next cycle this project can reach its ATH areas.
Thanks.
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ICP investments zones for 2023-2024BINANCE:ICPUSDT
I think around June/July 2022 we possible to see the bottom on ICP around 9-5$ this range price
Usually coins which is have a great investors and big fonds on the launch they will come back after a year or 500 days to pump and manipulate price this coin again.
In almost total disbelief zones if Bitcoin drop to 30 or 25 We can see $ICP around 6-5 dollars.
Targets is 50% fib 100% fib and 1.618 level by FIB so its around 5000% gains.
Just for long term.
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ICP middle term trade. 150% pumpBINANCE:ICPUSDT
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Possible Targets
➡️On D timeframe we can after or before 4 May (FRS meeting) drop to -0.27 level by FIB
➡️Targets to open LONG - 12.85 / 11.39 / 9.54
➡️ Usually when we trade in -0.27 zone on Daily fib its a good trade for LONG. Take profit 0.38 and 0.5 lvl by FIB
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ICPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ICPUSDT
As you observe, the price had more fall when it was rejected by the first resistance line. At the present, it has a fluctuation over the support line and we believe it will move to the resistance line. Pay attention to the stop-loss.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ICP/USDT 700% Potential After Breakout ( Request Chart )Request Chart :-
#ICP/USDT TA Update:-
$ICP currently trading at $17 level.
I am buying here some $ICP for mid term.
My entry always in Spot. ( When I use HTF Chart)
- Double Bottom in 2D Chart.
- Small Bullish Engulfing.
Breakout Point:- $20
Support:- $15
Entry:- There are Two entries:-
1st for Risk Traders :- $15-$17
2nd ( After Breakout) :- $21
2nd Entry only when Breakout and Candle Close above $21
And You can also take entry At retest Level after breakout.
Retest level Could be after breakout = $17-$19
Targets:- $23.32/$38/$55/$77/$126
*** $ICP is 700% Potential after Breakout.
Stop Loss:- $14.50
Long for ICP after a long compressionSince the initial public launch, This coin has gone through severe compression. As you can see in the chart, the Price action had shaped a wedge from Jan 22 till March 22. Moreover, the price area of 14.5$ _ 15.5$ has proved to be an unfailing and trustworthy foundation.
Plus if you consider the price chart with RSI simultaneously in Daily timeframe, you'll see a perfect Divergence. What made me more excited about this setup was another divergence of Price and RSI in WEEKLY timeframe.
Although There are no certainty in financial markets analysis, which by the way this one is no exception, I find this coin and this setup highly rewardable and although I have defined the 14.5$ as the bottom line and SL price, but I would recommend to those who are tolerant and also thrilled with experiencing real risks (who will see tremendous Profits in their lives) to stick to their position and Add to it on 11$ and 6 $ and wait for it to get to 52$ and 70$.