long way to go*no financial advise*
*do your own research*
*brain on*
Internet Computer (ICP) is formed by an advanced decentralized protocol called ICP. ICP is the utility token that allows users to participate in the governance of the Internet Computer network. the protocol combines the power of individual computers into seamless universe.
Did you know that ICP represents the third major blockchain innovation besides ETH and BTC?
The base is in Geneva, Swiss.
The smart contracts run at web speed. Giants like Appple, Google, Goldman Sachs contribute to this system.
I drew the blue path couple days ago.
ICP HIGH 2831.02 USDT
ICP LOW 26.90 USDT
STOCH RSI is 0
Volume is pro seller currently
support zones are marked green
resistance zones are marked red
Fibo 0,236 gives us strong support
Fibo 0,786 would be posisbly a strong retest zone
If you decide to invest, please make sure it is a long way to go to gain profits.
If you are not sure and would like to wait, I would recommend the entry around Fibo 0.5
your money, your risk
good luck
Internetcomputer
ICPUSD Long Term Price TargetsDfinity’s Internet Computer has had quite the introduction to the crypto markets after the ICO listing, the price dropped from $600 to about $40 in less than a month. It has gotten all of the worst news coverage as it dropped at the top of the current market cycle, so it’s only been listed in the midst of a bear market.
Now with Bitcoin, Ethereum and all of the other cryptocurrencies reversing back to the upside, the ‘third generation’ looks like its finished with its accumulation phase and is now looking for upside price targets.
At the moment, ICP is looking to regain this uptrend as a level of support and claim new local highs.
Once ICP regains this uptrend and breaks out of the $67 - $70 price barrier, it is going to reach $100+ and reclaim some of its previously found highs from this year.
The targets i’m looking at for the long term on this $48 entry are:
TP1 🎯 $107.40
TP2 🎯 $124.83
TP3 🎯 $164.15
TP4 🎯 $249.28
TP5 🎯 $364.06
As always please do your own research, I am not a financial advisor and this should not constitute as financial advice.
A conservative yet realistic price path for ICB by year endIt appears that ICP could be in ascending channel. With that as my thesis I charted major lines of support and resistance and combined it with a fib retracement from the recent high to the major low in July. A blowoff top in December could have the price hit the 3.618 at about $250. I say this is conservative because FOMO could really hit hard and who knows how high it could go. Regardless I think a $250 target is more than realistic in this bull market.
Internet Computer maybe be a scam, but it can go up.
Internet Computer is undoubtedly a scam, after launching on coinbase it dropped from around $650 to $26 within a month. The developer team sold billons of dollars worth relentlessly on the open market. With that being said it looks like a decent set up to go higher with tight stop below support level. COINBASE:ICPUSD
ICP going for it's targets?Hi guys Mr.Karimi here with the ICP chart today. As you can simply see ICP has multiple Targets that I have gained using the Pivot Points Indicator that normally gives perfect targets in my experience. It has formed a consolidation area inside a box and it managed to breakout of the top of the box pullback to the fresh Support level and aim for higher targets but unfortunately BTC didn't let this happen. so I'm still bullish on this one as long as a it hold this box and this level.
What's your idea about ICP?
ICP USDT - Internet Computer price The live Internet Computer price today is $77,54 USD with a 24-hour trading volume of $1.229.117.521 USD. We update our ICP to USD price in real-time. Internet Computer is down 0,85% in the last 24 hours. The current CoinMarketCap ranking is #17, with a live market cap of $12.183.920.058 USD. It has a circulating supply of 157.140.097 ICP coins and a max. supply of 469.213.710 ICP coins.
#ICP #INTERNET_COMPUTER Technical Analysis#ICP Technical Analysis
View the classic patterns of double bottom and triangle along with drawing movement channels as well as assisting Fibonacci levels and obtaining cluster ranges.
According to the items specified for the triangle pattern target, the initial targets of this pattern is range 88 and the next targets are 111 & $ 128.
On the other hand, according to the double bottom pattern, the targets of this pattern are between $ 93 and $ 123.
By putting these together, we get to the cluster boundaries.
So according to the mentioned cases, the possible price targets for the next one to 4 months are:
1- 89$
2- 111$
3- 123$
The break-even point for this analysis is the consolidation below $ 54
Suitable range of entry: 69-63
ICP: decided to buy some for hodling.Hello everyone
I decided to finally buy some ICP here, at x2 of all time low.
If you look at the prices this project has reached before.. it might go back slowly to there. Considering 2 lines have been broken and a cup and handle is made on the bottom.
Also a parabolic price development is to be seen.
Burning.. big plans that could change crypto.. this is "one of those projects" we need to hodl q few of.. even at #17 marketcap.
I bought 10 for longer term.
$ICP This looks interesting even though fundamentally I do not trust the team at all. Short term we have a bunch of Higher Lows. As long as that's intact we are good to go at least to our short term target. I have also mentioned a bonus target to leave a bit for the end. But lets first get some momentum going. We are compressing hard so this should resolve either way soonish. Hopefully to the upside even though I think BTC should go a bit lower.
$ICP/USDT 4h (Binance Fut.) Descending channel under resistanceInternet Computer Protocol (formerly known as Dfinity) has broken bearish after ascending TL was lost.
Now retesting 50MA resistance, we expect to bounce back on it and continue the retracement down.
Current Price= 63.24
Sell Entry = 63.98 - 67.14
Take Profit= 58.63 | 53.85 | 49.48
Stop Loss= 71.42
Risk/Reward= 1:1.18 | 1:2 | 1:2.74
Expected Profit= +21.14% | +35.72% | +49.06%
Possible Loss= -17.88%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 2x
Estimated Gain-time= 10 days
ICPUSDT Flag Pattern!ICPUSDT (4H CHART) Technical Analysis Update
Flag Pattern
ICP/USDT currently trading at $62.71
Buy-level: Above $64.00
Stop loss: Below $55.00
Target 1: $69.00
Target 2: $77.00
Target 3: $85.00
target 4: $100.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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ICPUSDT 4H long setup Breakout of descending TL while in uptrendTA explained
ICP is in a clear uptrend, trending above the EMAs on the 4H TF. Price just broke out of the descending trendline with this 4H candle which will close above it in 22 minutes (if nothing unexpected happens). Going for a swing long on this one
This is the bigger picture and the reason for the 3rd target:
Trade setup
Best entries: 60.85 - 65.86
TP1: 75.3
TP2: 90.44
TP3: 103.21
SL: 56.03
RR: 5.47
Max leverage: 1x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)