ICPUSDT trade ideas
IcpusdtICP is the biggest rugpull in the cryptohistory.
Largest amount of coins was sold at its highest price at the beginning of 2021.
According to the info from many app developers that started building on icp, ICP headquarter does not supported them, instead they support financially and technically only those who belong to themselves.
Not financial advice anyway
ICPUSDT 4H Short setup after Parallel channel breakdown$ICP/USDT lost local support of rising parallel channel. Bearish continuation possible after a little pullback/retest of the breakdown level.
EMAs crossed bearish. RSI below 0.
Retest of the EMAs required to activate the short trade.
SL above broken support zone, which should now act as resistance.
Internet Computer (ICP) formed bullish BAT for upto 25.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Internet Computer ( ICP ) with US Dollar pair.
Our last successful trade of ICP was as below:
On a daily time frame, ICP has formed a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ICP - Technical review and analysisTo continue the hypothetical movement towards the $4.8 range, it is necessary for the price to return above the level of $4.25 to $4.30 at least in the 1-hour timeframe, in which case there is a possibility of forming a double bottom pattern on the support and increasing the price again for a short term. becomes So, the first short-term impact of the price to the resistance level of $4.30 can be associated with a negative reaction.
ICP S&R in short time>>>>>>>>Hello EveryOne
I Have Tried My Best to Bring the best Possible outcome in this Chart.
Short term possibilities marked on the chart.
We can buy in deeper correct in Daily time frame.
Depend's on rising market support's in next time.
It's just an analyze,
Not a financial advise.
PLZ DYOR
With hopping success>>>>>>>>>>
(ICP) Internet Computer EOY Price TargetsDfinity’s Internet Computer (ICP) has been featured on crypto news websites more as of recently, especially after the FTX crash. There’s been rumors that they manipulated the price action of this coin because they were scared of the public finding out about its groundbreaking technology. The truth can only stay hidden for so long, it’s only a matter of time before the masses figure it out.
In recent news on the ICP blockchain, the Internet Computer can now serve as a Layer 2 for Bitcoin where smart contracts on the Internet Computer coan hold, send and receive Bitcoin natively, without the need for blockchain bridges or other third parties. This provides a trust-less foundation or various DeFi and Web3 applications looking to code on the Bitcoin blockchain.
This is game-changing for the industry, finally brining smart contract functionality to Bitcoin and enabling a whole new landscape of DeFi and DApp development that was previously only dreamt of. The Internet Computer’s integration with Bitcoin also provides a mmore secure alternative to centralized bridges in the form of threshold ECDSA (Elliptic Curve Digital Signature Algorithm). The implementation of ECDSA empowers the Internet Computer’s canister smart contracts, to directly conduct Bitcoin transactions without an intermediary or bridge. This provides a trust-less framework for DeFi projects that wish to use Bitcoin and doubles for ICP developers to natively code on the Bitcoin blockchain.
There are now 200,000 canister smart contracts deployed on the Internet Computer. At the same time, the network is casually processing 10,000+ TX/s! This is truly an achievement showcasing the incredible ICP developer ecosystem and the scalability of the Internet Computer.
Now moving into the technical analysis side of things, looking at the 12-hour chart we can see a clear pattern of capitulation, manipulation, and accumulation. This pattern was seen from $975 on ETH in the summer and this looks eerily similar for some reason. I know Vitalik has said in a small press conference with no major media outlets that Dfinity’s Internet Computer was a sister network to the gargantuan ETH blockchain, but didn’t expect the charts to coincide like that.
Anyways, the capitulation period during the start of November was accelerated by the FTX crash & accompanying ripple effects, and then for the rest of the month we spent in manipulation underneath the major accumulation zone found from the lows formed in the summer (July capitulation event).
From here, i’m expecting continued consolidation around this accumulation region at $4.30 - $4.60 before an eventual breakout to my (2) target profit levels:
TP1 🎯 $4.99
TP2 🎯 $5.59
The first $5 level acts as this range’s EQ with the top of the EQ being TP2 @ $5.59. The accumulation zone is phenomenal for long term scooping and could potentially come out as a bottom. Although it may occur, i’m not expecting one giant candle upwards, it’s going to take some time to play out as we just 1st touch rejected off of the $4.60 level. You can zoom back in the charts and find that is the swing low from the July capitulation event. Huge level of support turned resistance that we are currently trying to breakout from.
As always please do your own research, I am not a financial advisor.
🔥 ICP: Will It Finally Break Out Of The 1-Year Bear Trend?Over the course of the last year, ICP has simply been selling off. No fake outs, no sideways, just going down only.
In my last ICP analysis I was looking at the same bearish trend line. Back then we were in a similar position as now, close to (finally) breaking out, but not there yet.
Next couple of days are going to be important for ICP's longer-term trend. If we can't break out, expect further selling for the next 1-2 months. If ICP will break out, it could just be a minor bullish move or it can be the start of something greater.
For now, I keep my targets close at $6 and $8.5 respectively.
Internet Computer | Looks Weak But... (70-124% Potential Growth)The Internet Computer vs Tether USD (ICPUSDT) chart looks weak, I'll give you that, but out of weakness comes strength.
From small to big.
We are born babies, we become children and we grow.
No wait... A seed is tiny, completely sealed, it is so small.
You plant the seed, water it, nourish the soil and it grows.
It can turn into a huge tree, it becomes BIG yet it starts from something very small.
Ok nevermind that.
10-November we have a strong reversal candle.
21-Nov. we have a lower low compared to 9-Nov. and also compared to 13-June but the volume is so much lower.
You see lower support levels being hit while the bear volume continues to decrease.
This is a bottom signal.
The past 6 days ICP closed green.
Yes, the chart looks weak but 6 consecutive green days is always positive.
The charts can always change...
But ICPUSDT is likely to grow in the coming days.
Namaste.