Bottom of the ascending channelThe ICP support ranges are considered at $4.5 and $4.9, which can have a positive reaction. We expect the continuation of the upward trend from the desired support range. This week, if the bottom of the ascending channel is broken, the main wave could end, and a correction could begin.
ICPUST trade ideas
ICP: Approaching ResistanceThe Internet Computer (ICP) technical analysis:
Trade setup : Bullish breakout from consolidating in a Sideways Channel ($3.50-$5.00). It’s now approaching 200-day moving average (resistance) around $6 and it’s overbought (RSI ~ 70), so it’s likely to get rejected here and pull back some near-term. Wait for price to either 1) break above $6 to resume uptrend with upside potential to $7.50, or 2) pull back near $5 support for a swing entry.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $5.00 (previous resistance), then $3.50. The nearest Resistance Zone is $6.00, then $7.50.
BTC dominance...ICPWhile bitcoin dominates the market it pulls the strings to an extent as we all know. So until BTC Dominance drops and altcoin season begins we have to monitor BTC. So the previous idea stands but as we can see last time BTC was trending sideways we trended along the widdle line on the chart so ICP probably wont break 5.80 until BTC hits 23k again
ICPUsdt on last resistanceicp great blockchain
with start bad work for all on this blockchain sell coins and drop after that start bear market and cant back up
but this more like eth on 2020
and rdy for moveup
now on last resistance line and need break top channel
ICP break this channel can start move up adn free for pump and join more money
GL
EntryPoint:
5.394
4.978
Supports:
4.668
4.374
4.011
3.550
Resistance:
6.082
Targets:
7.149
8.789
9.786
11.419
15.236
18.710
24.309
MidTime:
32.470
39873
51.806
69.124
82.655
HODL:
110.403
and ICP for long time and HODLER cn got higher targets.
this coin good for HODLERS
GL
ICP long !I believe that the price will trade in the range of $5.40-$6.60, after which I expect a rise to $7.80... After when fixed at the WEEKLY TF above the level of $7.80, the targets will be above the range of $15-19. ICP has many developers, the number of which is constantly growing, according to the report, Electric Capital ICP has the 3rd place in terms of the number of developers, Ether is the first, followed by DOT and ICP. Global goals are $28-38-60-80 ...not financial advice
Internet Computer #icp updateIcp is available on Kucoin
What is Internet Computer?
The Internet Computer is the world’s first blockchain that runs at web speed with unlimited capacity — a blockchain computer that scales smart contract computation and data, processes and stores data efficiently, and gives developers powerful software frameworks. It enables the complete reimagination of how services operate online.
Moves to comePreviously ICP had a liquidity sweep and break of structure followed,
Next looking for a pullback back to the 15mim orderblock,
Lets see if price has a bullish reaction to the orderblock
Target the highs and take profits on the way,
SL under the lows,
After 1st TP raise SL to break even, if more upwards trailing sl under the newly created lows
🔥 ICP First Confirmed Uptrend In 15 Months!Over the course of the last year I've made several analyses on ICP and the bearish trendline it was following. In my last analysis I noted that we made a minor break out through said trend line, which has now come to fruition. First target hit, congratulations if you took the trade!
For now, I think ICP will keep going up. It's still one of the heavily shorted tokens on the market, so once the shorts start exiting their positions we can expect a pump.
Since the previous first target has been hit, I added a new target at $9. Very excited to see where ICP will bring us.