Will the recent scam wick repeat or can we hold the trendline?At this moment there is 40/60 chance of us dropping to 40$ range like week ago or holding the new trend line after yesterdays breakout. The chart looks exactly the same, but what's better this time is, that we did break above downtrend and EMAS are crossing as a bullish sign which did not happen last time and if we can keep 48$ then the drop is invalidated. Keep and eye out at this moment as its a break or make move today happening.
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Internetcomputerprotocol
ICP/USD - First target hit! Can it got to $100?🚀ICP did not disappoint. After some choppy price action ICP finally pumped with a great candle today that took us to the first target as already indicated in my last ICP idea. :)
This level at $55 should server as a temporary resistance, but eventually it will break to take ICP higher. The more relevant target is just under $100 which is a great psychological level and also a key resistance on this chart.
Bias remains very bullish on ICP and I expect some excitement as we go higher. Indicators are also bullish, so we are looking healthy here.
Enjoy the ride!
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ICP – this breakout will double the price!Hello, everyone!
Let’s take a look at the Internet Computer (ICP). It has a huge post-listing price drop and now it looks like the accumulation. According to Fibonacci retracement analysis for the last impulse move to the upside we can conclude that the price is in the Buy Zone. If the daily candle close below 0.78 Fib ($40) the bullish scenario is cancelled.
If the price will break through to the upside from the current Buy Zone and Trendline Resistance the potential growth could be to the Fibonacci extension levels 1 and 1.61 ($98-$136). Another one evidence for the further growth is the Bullish Divergence with the Awesome Oscillator. This is the strongest signal in TA.
We can buy now with the short stop loss below $40 or waiting for breakout confirmation to execute the long trade.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
ICP/USDT Massive Pump Coming !!!!!ICP is currently on the dip and accumulating for a while. ICP haven't pumped since the crash since the launch. This is a coin with Promising fundamentals and a High market cap. Accumulate now and we will see a massive pump all the way to or above ATH when the market starts to pump again.
Use the resistance area (Red Lines) to take your profits and Use the support area (Green line) to place your stop loss.
This is not financial advice please DYOR. Also, manage your risk accordingly and keep an eye o BTC corrections.
$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