My fate WAS this chartThe analysis is an in depth look into this chart, i didn't play with fibs on binance chart so the tp of c could be different and i prefer the lowest one on this chart
The recent rise is not impulsive so it is corrective and it is a flat inside a bigger zig zag which probably is not going to even retrace more than 23.6 of the A which means this zig zag is a super star among race of zig zags in the crypto jungle
I personally prefer the lowest tp because a Pythagoras level has a meaning
I am depressed cause i bought this and i was hodling this and i was dreaming about this... my hands were shaking and i really need time to think of me being such a person you feel me?!
Anyhow let's short the crisis on ~11.566
Patience is virtue of kings
ICPUSDT
ICP what is next?ICP broke the support that I implemented on my previous analysis due to the FUD about Banks and stuff, so it went down to the stronger minor support (4.40-4.60$).
The direction of the market is still uncertain. Therefore, I would like to show two possible scenario in here.
First, ICP can bounce back from this minor support. If it does, I strongly beleive that it will go up to 9-9.80$.
If the support doesn't hold, then our strong support is at 3.50$.
This is not a financial advice. It is just for fun.
ICP is forming an inverse H&S pattern. 110% profit on spot.Today we will review the cryptocurrency ICP. On the daily and weekly timeframe, an inverse technical analysis pattern head and shoulders is forming. After breaking the neckline, I expect an upward movement to the next resistance zone around $15. The net profit on the spot purchase will be about 110%. Buying after breaking the neckline.
This is not a financial recommendation, everything you do, you do at your own risk.
$ICP 🐻'sh Continuation On the 1Hr TF i've identified a bearish continuation pattern that $ICP has formed beautifully.
It has already flown to the 50% mark and pulled back. Though I want to see more bullish engulfing patterns
as PA leaves the demand zone and heads for supply. In all, expecting PA to head towards the $5.89 mark
to then continue the trend and trade below $5.21. You can trade either direction, but since you know where it's going..
you can play offense and setup a short at the above level mentioned, just make sure you SL is tight & GL!
Internet Computer (ICP) formed bullish Shark for upto 62% rallyHi 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 below:
Now on a 4-hr time frame, ICP has formed a bullish Shark move for another price reversal.
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: Pullback in UptrendThe Internet Computer (ICP) technical analysis:
Trade setup : Following a bullish breakout from Sideways Channel ($3.50-$5.00), indicating bullish trend reversal, price also broke above $6 resistance with big volume, resuming Uptrend and reached our target of $7.50 where it was met by profit taking selling from traders. Pullback near $5 support could be an attractive swing entry in Uptrend.
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistanc e: Nearest Support Zone is $6.00, which it broke, then $5.00 and $3.50. The nearest Resistance Zone is $7.50, then $10.00.
ICPUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Targets: 7.5 - 9.5 - (~11.5)
after first target reached move ur stop to breakeven
Stop: under 3.5(depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 6
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
ICP: Pullback in UptrendThe Internet Computer (ICP) technical analysis:
Trade setup : Following a bullish breakout from Sideways Channel ($3.50-$5.00), indicating bullish trend reversal, price also broke above $6 resistance with big volume, resuming Uptrend and reached our target of $7.50 where it was met by profit taking selling from traders. Pullback near $6 support could be an attractive swing entry in Uptrend.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $6.00 (previous resistance), then $5.00. The nearest Resistance Zone is $7.50, then $10.00.
ICP GOLDEN CROSS 1st Time in HistoryBy looking at the MA 50/100/200 on the daily frame it's possible to see that ICP has make the 1st golden cross of it's history, with a big pump on transaction volume behind it, especially on the buy side.
At this time everyone in the crypto world is starting to realize that ICP launch was manipulated by Sam Bankman-Fried, at the prejudice of retail investors.
You can check Bit boy's video for more detailed info on this: www.youtube.com
The Dfinity foundation is developing the Internet Computer, and has seen its adoption grow with the release of more and more applications based on its ecosystem, and an increasing number of developers joining the project and developing applications on it.
You can check all this out at internetcomputer.org
Another extraordinary development has been the recent possibility of integrating BTC through the ICP network's smart contracts, called Cannisters.
ETH integration is coming soon, allowing developers to develop ETH applications through the ICP network, with extremely low costs and infinite scalability.
www.coinhustle.com
cointelegraph.com
If you still doubt this is the best tech in the market, please have a look at the >6000 transactions per second, and already almost 2 billion blocs on the network.
dashboard.internetcomputer.org
Despite being already at 2bn Market Cap in a Bear Market, I trully believe ICP has the possibility to go on a 100x streak within the next few years.
Check this out, the use cases and the awakening is happening. Italian brand using ICP:
www.bsc.news
"Dfinity has announced a partnership with FEDERITALY to use the technology of the Internet Computer to verify products “Made in Italy” and confirm product labels on the blockchain.
FEDERITALY is a non-profit clothing federation that will incorporate the security, speed, and trust of Dfinity’s Internet Computer to certify that products are “100% Made in Italy,” according to a press release shared with BSC News. FEDERITALY will give each product a QR code that will hold the blockchain data on the Internet Computer which corresponds to the product label, guaranteeing the accuracy of the label."
Even Vitalik Buterin realizes ICP is the main competitor of ETH, but I believe ICP will be an integrator more than a competitor. You can check it out too:
www.youtube.com
I hope this helps some of you take a deeper look into Dfinity and $ICP and see the potential of this ecosystem.
Check this comparison of ICP with the other networks made by reddit users:
ibb.co - I hosted it to a popular image host website, it's totally safe.
Thanks, hope you enjoy it!
ICP Breakout Major ResistanceHello Traders,
The web3, AI, and data narratives in blockchain are getting hype lately and i think it will be new trend. Especially data service such as indexing, oracle, etc., because it will be the foundation of web3 and AI including ICP project.
Based on Dfinity roadmap, ICP not only want to be a full web3 infrastructure but also make defi run on its own network that will attract a lot of liquidity. This vision is shown on the chart itself that ICP was showing strength since early of 2023 and just breaking out the major trendline resistance on btc pair from 4H - Daily time frame.
Possible short term target 3400 - 3700 sats
Midterm target 4600 sats
Can wait for pullback below 2900 sats to entry
Cheers!