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Internetcomputer

ICPUSD accumulation soon?Seems like ICP might be entering an accumulation phase as long as it holds $30. Momentum is rising but with accumulation failing, the price might stabilize or correct a little. I believe a breakout over $60, holding it as support should bring it to a trajectory $200+ Overview of chart: -Momentum flowing to the upside while price is stabilizing -Might be at the end of Primary wave 2 between $34-$37, invalidation at $27 -Volume Profile PoC is of an intermediate impulse wave. It has confluence with a 0.618 fib retracement of Primary wave 1 -Minor bearish divergence with ADL (Accum/Distr. Line) seeing price stabilize but accumulation falling. Might result in a minor drop to ~$34 to hit the intermediate wave c target. -Monthly S1 of CPR has confluence with wave C target -Median line of fork held as support throughout the corrective wave. If broken, there is a stronger likelihood of impulse invalidation.
COINBASE:ICPUSDLong
by linebands
4
ICP looking very good for a profitable investOne Month : The current Internet Computer price is hovering around $47.78 , following a considerable drop in May and June 2021. Our analysis forecasts that the coin could head upper to find interest price level around the $49-$50 level over the next month. Three Months – Assuming the Internet Computer price live can find a interest price level, we could see a push upwards before the end of the year. A likely price target would be the $80 level, which could be achievable over the next three months. Start of 2022 – If the bullish momentum continues into next year, Internet Computer will likely attempt to breach the highs of September 2021. This would give the token a valuation of $90-$120 by the start of 2022 Our option for #ICP is BUY IT. Please do your research before any trade or any investment, make your own decision, be patient and look long term wisely. - Please comment, like and follow if f this post helped you. Thank you for your time. Have a profitable day. | Review and analysis by Samadi Finance |
Long
by AliSamadiTR
4
internet computer (ICP) awesome opportunity to BUY!!! Hi again traders! at first i thank you guys for your support of my previous analysis (BTC) :) now i have currency for you which didn't rise based on recent other coins and its a good shot to catch the bird! ICP hit our lower trend line 3 times and failed to break it also our upper trend line which was broken before touched again(pull back) that shows a MTR pattern and due to these reasons we expect an huge rally from ICP by the way ICP had a massive drop since past 3 months and its good for long term investment ICP market cap rank : # 28 ICP trading Volume : 23% increased since 24h ago
Long
by Ghost3ader
4
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 :)
by P_S_trade
41
Three bullish patterns What Are Adam And Eve Chart Patterns? Adam And Eve chart pattern formed when one sharp V-shaped first bottom low is made on high volume. This is the first “Adam” bottom. Then the price bounces back higher but later goes lower a second time to create a second cup shape as a second bottom that is the “Eve” on decreasing volatility and a tighter price range. What Is an Ascending Channel? An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing lows, and an upper channel line that joins the swing highs. What Is an Inverse Head and Shoulders? An inverse head and shoulders, also called a "head and shoulders bottom," is similar to the standard head and shoulders pattern, but inverted, with the head and shoulders top used to predict reversals in downtrends.
Long
by Crypt0_Ninja
5
Are you selling the bottom of ICP?I just wanted to share this ascending channel with the community. I have been following ICP very closely for the last few months and have noticed that the logarithmic lines of support and resistance inside this ascending channel have played off pretty well. As long as we remain in a bull market I do believe we will reach $158 at minimum by the end of December. My price target however is between $250-300 in the event of a FOMO driven blow off top.
COINBASE:ICPUSDLong
by CryptoNCoffee
9
💻ICP- the most unlucky listing of this yearAfter the last failed breakout attempt the price went back to the bottom of the formation, bounced from the dynamic support (purple) and is most likely preparing for another breakout attempt. A bit of history: ICP had quite an unfortunate start. It was listed on 11th of May- the day before Bitcoin dumped -50% and the whole marked collapsed. The project was originally pretty hyped, the price went up 1000% the day it was listed on Binance reaching the price of 2831$ per coin. And then it dumped -99% 😆 Anyway- this is of course beyond technical analysis, but the truth is ICP is very comparable to the other top eco chains such as ADA or SOL, it provides some unique solutions and it could easily be a TOP10 coin in terms of market cap. So is it undervalued? Yes. Does it matter? Well.. No, but to me this aspect is just like a technical indicator- if it adds up to overall confluence than that's good, and in this case it does. Entry: buy in the lower part of the formation (current price) down to 45.00 SL: below 37.36 --------------------------- About ICP: 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. Source: coinmarketcap
Long
by V0VOLAN
2