ICP forecast and possible price movements variantsTheoretically, the price of ICPUSDT is trying to find the bottom and round up.
Increased trading volumes signal that a struggle between buyers and sellers begins near important levels.
The history of ICPUSD is not very long and there has not been a clear historical minimum yet, we can only guess about "the bottom of the price of ICP" and forecast several variants of the price movement in the future.
This is what we will do:
1. Yesterday when the BTCUSDT price went down, the ICPUSDT price was holding quite well and pushing up - this is a good signal that there are still buyers, who are interested in ICP.
2. If the enthusiasm of buyers for ICP will not fade in the coming days, then from above we can meet the zone of $28-31, where sellers can aggressively activate.
If the buyers win the area of $28-31 and fix the price of ICPUSD above it, it will mean that the buyers are very strong, and they managed to break the falling trend. In this case, the target for growth is up to $56-57.
4. Smooth movement to the right with a gradual and not sharp rise in price will round up and reverse the trend, but before mid-spring you should not expect a more or less decent price to sell your ICP.
5. The price drop below $19 will mean that buyers have given up, and without a buyback, ICPUSDT price can continue to go down, up to $11 in the most negative scenario.
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
ICPUSDTPERP
Internet Computer Protocol 4HIn this chart,
I identified the following:
- Nearest Strong Supply area for 4H (there's a hidden demand there if you go for an LTF )
- Lower Highs
- Higher Lows
- LH + HL = Triangle
- Price gets rejected three times trying to break but still got rejected but selling pressure is not enough to continue the price to the downside and break the triangle
- We saw a double bottom causing the price to increase which left a good footprint to buy again and rally to the next high but eventually traded lower again and found a new demand zone
I have an entry at 19.7, 20.14, 20.18
Looking to swing this to $30 if possible it gets a 60%+ price increase the following days (especially this week) 1st week of February.
2 Scenario for ICPICP is a victim of VC's. I have no idea why the the team messed up on tokenomics so much. I believe ICP drawing a Falling Wedge on Log Scale. It touched the lower band of that falling wedge. Since it is a long run investment for me, I bought some ICP on 19$. There is a FED meeting on 26 and I believe Market will decide its direction after that meeting.
In any case, Lets make our guesses.
Scenerio 1: ICP will increase to the 30$ range and break that pattern to upside and more increase can be expected.
Scenerio 2: ICP will increase to the 30$ range and fall back to the lower band again... I hope not, but I am still saving some money for this case.
This is my trial. Not a financial adviice.
#ICP daily candle closed below the supporting up trendline#ICP daily candle closed below the supporting up trendline and price dropped back to the support/ flip zone too. Currently, price is still bearish, so no buys unless any sort of confirmation. If this support break then we can see easy drop till $24.
By @cryptoAXEN
You will be surprised by the ICP price forecast in the ideaToday we present our global view of the ICPUSDT chart
The ICP forecast will consist of several possible routes of ICPUSDT price movement, since we can't look ahead, but the calculations indicate one global target from above.
On the ICPUSD chart, we can see the price from the bottom rounded and starting to move up. In recent days, we can see an increase in trading volume, which shows the struggle between buyers and sellers. Currently, the buyers are winning, as the price of the Internet Computer token is rising.
For the next 1-2 months, the target zone at the top is $54-63 . The price of ICPUSD can get there either by rapid growth (white arrow) or by a saw (blue)
In this price zone will decide where to go next:
- fixing above $63 will open the way for the continuation of growth to $82
- If the sellers win in the area of $54-63, the correction may be delayed for a retest from above of the important $35 level, where the struggle is now taking place, but from the bottom.
The global goal for all scenarios is a rise by the summer of 2022 to the area of $186-190. The fact that ICP is being linked to Web3, which can be a hype theme in 2022, adds positivity.
Let's see how it will be, and you pls write your thoughts about the future of ICP and Web3 and what your expectations for 2022 in the comments.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
ICP - broke out long downwards trendlineNext resistance is around 40$, let's see how it turns out.
Internet Computer has great upwards potential, it is in long accumulation, just to reach previous ATH it will gain over 700% from current price!
Looks like EOS in last bull market. Huge hype --> dump --> long accumulation --> moon.
Check my previous analysis for more project details:
ICPUSDT, Our buy zone activated Hello everybody
According to our previous analysis of ICP we shown on chart that the price should drop more and it can come to our buy zone area and activated that and wait until the target reach
You can buy now at this buy zone area in 2 and 3 step and then wait until reach to the target
Dont forget use stop loss , This is spot trading but because of the condition of market and condition of the ICP use stop loss
Previous analysis :
Good Luck
Abtin
ICPUSDT, We are near of buy zone areaHello everybody
According to the chart you can see from the added in exchanges the price is falling down until here, everyone say its scam project or ... but its not scam, the point is the team is not working correctly and they promise to do exactly the road map
In here according to the chart , we are in downard trend and we should becareful for any buy
If you have any question send us your messages
Good Luck
Abtin
Internet Computer ICP, ICPUSDT pair Trade Ideas Bullish
1) Three white soldiers
2) Support at 37 and no major resistance till 48
3) Triangle Chart Pattern
Bearish
1) Making Lower Highs
2) Trend line resistance near current price
3) Fib 0.23 retracement level at 43
Trade Plan 1
SHORT
1) Entry Current Price i.e.41.9
2) Stop Loss : 43
3) Take profit : 40
Trade Plan 2
LONG
1) Entry When Candle Closes above 43
2) Stop Loss : 40
3) Take profit : 47.5
ICP 1D Long buy zone and fixing targets in the descriptionToday we will consider the trading pair ICPUSDT
Judging by the amount of your requests we understand that you are interested in ICP coin, and perhaps the internet computer project have good prospects for growth.
Looking at the chart of ICPUSD , we can assume that the process of accumulation of long-term long position is going on now.
Waves-men may say that it is a lingering 2nd wave.
We earlier placed the buy orders in the range of $34.50-37.50 and at the previous breakout down, only one of the buy orders went off. We are still keeping the other buy orders open as there is still a chance of another downside spill.
If you don't have patience and have a strong belief in the project, the buy zone of $37.50-43.50 is also tasty and weighted, because it is relatively close to an absolute low.
The targets from above to fix the longs will be in the $150-185 range , and we will try to cover the longs than closer to $185.
Write in the comments what the project promises and what you expect from it.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
ICP (internet computer) : in-depth analysis
ICP BUY/SELL ZONES
SHORT TERM SCENARIO=
BUY ZONE 1= $41.93 TARGET ZONE 1= $56.82
BUY ZONE 2= $39.73 TARGET ZONE 2= $63.75
BUY ZONE 3= $34.28 TARGET ZONE 3= $72.90
BUY ZONE 4= $26.81 TARGET ZONE 4= $86.63
LONG TERM SCENARIO (MY STRATEGY) =
BUY ZONE 1= $39.73 TARGET ZONE 1= $67.77
BUY ZONE 2= $34.28 TARGET ZONE 2= $94.73
BUY ZONE 3= $26.81 TARGET ZONE 3= $132.69
BUY ZONE 4= $21.32 TARGET ZONE 4= $198.26
BUY ZONE 5= $16.24 TARGET ZONE 5= $305.61
BUY ZONE 6= $10.54 TARGET ZONE 6= INFINITY ( depend upon MARKET STRUCTURE )
GOLDEN RESISTANCE ZONE 1= $47.94-$49.87 (will be flipped to ALL-TIME SUPPORT later on)
GOLDEN RESISTANCE ZONE 2= $54.03-$55.63
GOLDEN RESISTANCE ZONE 3= $64.14-$66.07
GOLDEN RESISTANCE ZONE 4= $67.68-$69.32
GOLDEN RESISTANCE ZONE 5= $94.68-$98.19
GOLDEN RESISTANCE ZONE 6= $306.18-$320.65
GOLDEN SUPPORT ZONE 1= $47.94-$49.87 (to be flipped later on)
GOLDEN SUPPORT ZONE 2= $40.70-$41.94
VALUE AREA (for SCALPING) =
MONTHLY VAH = $46.98
MONTHLY VAL = $40.95
WEEKLY VAH = $53.96
WEEKLY VAL = $44.01
GOLDEN MOVING AVERAGE AT = $46.93
DAILY GOLDEN MOVING AVERAGE AT = $47.46
MONTHLY GOLDEN ZONE (at present) = $51.07-$51.72
WEEKLY GOLDEN ZONE (at present) = $45.64-$45.98
ICP HISTORY = Launched in May 2021 ; layer 1 protocol (decentralize the Internet through smart contracts)
DEFINITY (NPO non-profit organization and research institute).
ICP from Switzerland.
Founder = Dominic Williams (one of the early members of Ethereum and Bitcoin)
Investors = Anderson ( VCA Venture Capitalist ), Polychain Capitals etc
Applications made on ICP= finance, centralized finance, NFT, gaming, clone of Tik Tok = Can Can; LinkedIn's clone Linked up.
Platforms= Fleet (to create a website) ; Capsule Social (to create social media platforms)
Working on = META
ICP is long term project.