BUY INTERNET COMPUTER Just one more thing…
*Columbo gif*
This is going to fkn moon
NOT TARDING ADVICE
GRI 2 0 2 3
Chart- breakout, bull div. ;weekly, logarithmic
ICPUSD trade ideas
ICP - Falling WedgeWe are facing ICP broking the falling wedge's border in timeframe Weekly. This is a bullish pattern and are sustained by RSI that keep upward tendency. Also we can see Sthocastic broking the tendency by antecipation.
ICP MOMENTUM SHIFT ICP has began to shift momentum on the weekly indicatort. This is the first time it is done so nearly ever. this is long overdue and we can see now that a momentum shift is occurring to the upside. This marks the beginning a new phase and one of the first weekly closes in an upward Direction.
Can ICP have a comeback?Dev is still working and the amount of people following the project is pretty high ( 381,540 as per coinmarketcap). I started following this project the day it launched and it TANKED from the beginning without even a considerable bounce of any kind. Today it stands at -99.49% from all-time high without registering an ROI.
Falling wedgeThe price of ICP Internet Computer appears to be locked in a falling wedge on the weekly time frame, which means that the price is in a downward spiral that is tightening to the downside putting more pressure on the market and eventually a breakout will follow. On the RSI a slight positive divergence and the MACD which has been up for some time but is still below the 0 line.
Grab the daily time frame and here I grab the latest downtrend within the formation above which falls nicely into a downtrend channel . The EW also fits nicely into this and these readings are also respected, though I did add an alternative wave 5. Then attention to the Broadening wedge , which in the EW is sometimes called an Expanding triangle. As it looks now, the MACD seems to bend upwards and thus we create positive divergence which somewhere then fits nicely into the story of the weekly timeframe in addition to that when crossing the 0 line this can be seen as a trend change. Should the current support of the Broadening wedge break down, I expect that we can go down towards $2.50.
Expanding Triangle / Broadening wedgeThe price of ICP Internet Computer appears to be locked in a falling wedge on the weekly time frame, which means that the price is in a downward spiral that is tightening to the downside putting more pressure on the market and eventually a breakout will follow. On the RSI a slight positive divergence and the MACD which has been up for some time but is still below the 0 line.
on the daily time frame and here im taking the latest downtrend within the formation above which falls nicely into a downtrend channel. The EW also fits nicely into this and these readings are also respected, though I did add an alternative wave 5. Then attention to the Broadening wedge, which in the EW is sometimes called an Expanding triangle. As it looks now, the MACD seems to bend upwards and thus we create positive divergence which somewhere then fits nicely into the story of the weekly timeframe in addition to that when crossing the 0 line this can be seen as a trend change. Should the current support of the Broadening wedge break down, I expect that we can go down towards $2.50.
Moar Wyckoff nonesenseWas trying to explain Wyckoff to someone and so I explained it best I could then gave them a standard Wyckoff diagram.
After that picked a random coin and looked at different time frames, and was able to spot a Wyckoff cycle.
I marked up the chart with Wyckoff annotations and since I spent the time doing it I figured I'd share it to see if it helps anyone.
This is a downtrend, but Wyckoff is still occurring at different time frames...
ICPUSD decision time - short termWhat we can see on the chart is a symmetrical triangle pattern .
Take a position only if/when the price breaks out of the triangle.
If the price breaks down, enter short.
If the price choose upside, enter long position.
Targets as shown in the chart.
P.S Don´t forget to setup stop loss :)
Good luck
RSI Higher LowLooking at #ICP and #BTC. Both assets made a lower low and if the RSI can hold strong there should be a incoming bounce for both assets in the coming weeks. But if sell pressure becomes to much we'll have to see where it goes. have Stop losses ready
ICP updateLooking for a big final push down in nov..
I think this falling wedge will break downward instead of upward as I thought a few months back..gl
ICPUSD one more drop is still possibleWhat we can see in the chart is a head and shoulders pattern.
If this pattern plays out , we will see 30 % drop
$4,20 may be a good price to buy more ICP if we get it.
Long-term we still expect $80 .
Short-term $4,20 would NOT be anything surprising.
Enter the short position only if/when the price breaks down the neckline of the head and shoulders pattern.
Is it time for $ICP long?Almost all Alts look the same, Bitcoin consolidation will not stay forever, this setup will be valid if we get a Bitcoin breakout to the upside and this can only happen when FED starts to cut interest rates after CPI decreases.
#ICP #btcstarburst 1600%…Was this a rug? Was this bad timing? I think people should DYO and see what they are working on… I believe they are still building in the background… This just a study Dca safely Gann theory
ICP - NOW is time to BUYOk bois, like I said before, (when icp was over 40$) buying opportunity will be under 10$ and now we have nice spot to take long position.
Imho 200% move is on it's way.
#btcstarburst Should you accumulate?Will ICP continue to fall… This is high risk with high reward… DCA safely… There are many investors that hold tons just waiting for this to explode so they can unload. However ICP could have the potential long term so… At $5 is it worth it maybe? If it jumps in the grid… but it may take some time? BITCOIN is being fickle… this is a study into Gann grids… Be safe …. This is high ris DYOR
ICP/USD D1 Chart AnalysisInternet Computer D1 Chart-
Looking at a potential reflexive bounce for a double top before retesting 4.60 for a double macro bottom.
Key fibs levels and rings with targets id like to see play out..
icp want to go one more deepi see very huge H&S if this will be confirm it will be very bad for icp hopfully not going to happen
🔥MOOOOOOOOOOOOOOOOOOOON🔥Ok bitcoin dumping today can rekt this temporarily
But i ain't seen a better setup for something on 🔥 sale
All on the chart
GRI 2022
Big weekly close for icpAll looks ok at present
At the mercy of btc ofc
Could be this week or might not be let's see how things go
Going to have a good year imho
GRI 2022
ICP/USD priceSupport around 6.1 still hold. ICP could bounce from here to the resistant around 6.6. Then it could make H&S when BTC could make one last dump.
It’s safer to buy if wait for break out 7.2 or test again 5.6
ICP trying to put in the higher low with hidden bull divICP trying to put in the higher low with hidden bull div
We already said the first target is $8-9
Here we have the second target at $14-15
GRI 2022
