ICPUSDT"Yeah, it seems like we have a very simple yet insanely powerful **bullish trend** in this hidden treasure. In terms of **geometrical perspective**, we have a fork that has acted like a magnet. The price moved away and aggressively came back inside it, now reacting to it precisely. Since the fork is very effective, influential, critical, and magnetic for the price, we expect it to reach the median line as well. The first price target is around **$25**, and the second is **$45**.
**Bonus**: If ICP (Internet Computer Protocol) is going to be this powerful, we can expect the entire market to follow suit.
Now, we just have to sit on our hands and wait to see how it plays out. From now on, everything else is pure speculation and bias confirmation. So, I would rather shut my mouth and **be patient**."
ICPUST trade ideas
ICP technical analysis, buy here for the long term!ICP looks very strong from a technical perspective. We can see that we have started this whole uptrend with an impulse wave 12345, which is very good to see if you are an Elliott Wave trader. We are now in a corrective phase, and usually we want to see a liquidity sweep below the previous wave (4). In this case, below 8.5 USDT - that would be a great level to buy ICP for the long term!
What is the Internet Computer and ICP?
The Internet Computer blockchain incorporates a radical rethink of blockchain design, powered by innovations in cryptography. It provides the first “World Computer” blockchain that can be used to build almost any online system or service, including demanding web social media, without need for traditional IT such as cloud computing services. As such it can enable full end-to-end decentralization.
Why Does the ICP token have value?
The ICP token has three main utilities. Firstly, ICP provides a source of “cycles” that are burned to power computation (thus when ICP is converted to cycles, it disappears, creating deflationary pressure). Secondly, ICP can be staked in the permissionless Network Nervous System DAO that governs the Internet Computer blockchain, creating voting neurons that generate voting rewards. Thirdly, ICP plays the role of a store of value, for example allowing users to invest in decentralization sales run by web3 services.
⚡ ICP (Internet Computer) Trade Setup ⚡📊 Analysis:
Historical Price Movement: ICP has experienced a significant decline from its all-time high of $2,800 in May 2021.
Target Price: The analysis suggests a reasonable target at the September 2021 high of $85.00.
Buy Area: Plan to enter a long spot trade in the buy area between $11.00 - $12.00.
Take Profit: Consider taking profits at the area of resistance around $14.00 - $15.75 and the next area at $22.00 - $23.50.
Stop Loss: Set the stop loss just below $10.60 to manage potential losses.
🌐 Note: Always stay informed about market conditions and adjust your strategy accordingly.
ICP Secondary trend wedge zone in accumulation channel 10 2023Secondary trend. Work with the breakout of the wedge and the range of the horizontal accumulation channel. The price now (narrowed part of the wedge) is in the capitulation zone, that is, under the support of the accumulation channel.
Line chart. of this zone to work.
Secondary trend That is, the horizontal accumulation channel.
ICP/USDT Secondary trend. Accumulation channel.
About mani management in working now on similar medium and low liquidity cryptocurrencies read in the description of this trading idea: RLC/USDT Secondary trend. Decline -63% Wedge. 10 2023
ICP Road Map🗺️!!! situation+next targets.Hi.
BINANCE:ICPUSDT
Today, I want to analyze ALPHA for you in a 3D time frame so that we can have a mid-term view of ALPHA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
Bullish pennant is on the table on 3D timeframe🔍
Looking for a break out and more upside📈
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- AB=CD
- Ascending pennant
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
#ICP/USDT LONG#ICP
We have been in a descending triangle since the beginning of the month on a 4 H frame
After the previous rise, it is expected to continue rising
We have upward momentum and support from a good area
Current price 9.15
First goal 9.61
The second goal is 10.50
The third goal is 11.55
#ICP/USDT - Long - Potential 38.75%Strategy: Long
Exchange: BINANCE
Account: Spot
Entry mode: Market order in range
Invest: Risk 1%
Exit:
• ⎿ Target 2 : 22.775 39.16%
• ⎿ Target 1 : 17.892 9.32%
Entry: 16.366 ⌁ 16.366
• ⎿ Current market price: 16.366
Stop: 13.477 (-17.65%)
Technical indicators:
Bullish pennant break, multiple resistance break with volume.
• ⎿ 24h Volume: 171127162.97665
• ⎿ Satoshis: 16.366
• ⎿ Analysis: TradingView
ICP coin and the bullish flag?The ICP coin broke the weekly resistance with a powerful candle. Also, considering the flag chart pattern, the RSI reaching the overbought zone, and the lack of significant resistance, it is likely to reach the 38 range. Keep in mind that this is just my idea, and be sure to use capital management and your own judgment when opening all of your positions