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ICPUSDT.PS trade ideas

ICPUSDTDisclaimer High Risk Investment Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form. A qualified professional should be consulted before making any financial decisions. -------------------------------------------------------------------------------------------------------------------
Long
by TraderBibres2003
1
ICP USD Support ICP (Internet Computer Protocol) is a decentralized global infrastructure aiming to revolutionize the Internet by enabling a more open, trustless, and tamper-proof web. The project is backed by an experienced development team and strategic partnerships, but it faces competition from other layer-1 blockchain platforms and is subject to regulatory and adoption risks. The current state of the crypto environment is characterized by uncertainty and volatility, with Bitcoin's downward trend impacting other cryptocurrencies' value and investment activity. However, the increasing number of crypto users and growing interest in blockchain technology from businesses and governments show potential for future growth. ICP/USD is trading at a key monthly support level, signaling a potential price reversal. The weekly chart displays an Ichimoku cross, which could be a bullish signal, but remember to consider other technical indicators and market factors, as cryptocurrency markets are volatile and subject to rapid change. Before investing in ICP, consider the following factors: the project's roadmap and development progress, the team's experience and track record, community size and engagement, competition, regulatory environment, and overall market conditions. Staying informed about the latest developments is crucial for making well-informed investment decisions in the crypto industry.
Long
by aaronkaltman
1
✴️ Internet Computer Update by RequestMy friends... I received so many messages about ICP, I get the feeling as if someone is knocking... "Tum, tum, tum... Hey, the update, DO IT!!!", so much insistence... But not even one of these was in the trade idea called "Name Your Altcoin", where I fulfilled all your requests... But anyway, here is the analysis/update as I like to be of service and help. The turning point for the Internet Computer (ICPUSDT) happened 19-December, one day before Jupiter stationed direct. Right after this date a very clear bullish wave starts to develop. We get green candles, volume starts to rise and new highs are reached. 19-February, 2 months later, ICPUSDT peaked ending the first wave with a total of 143%. It is normal to see a correction after a major move. The correction started the next day and bottomed 10-March, just like the rest of the Altcoins market. As the 10-March low was hit we see an initial bounce followed by consolidation and small higher lows. All this action is happening above 0.786 Fib. retracement level support, which is a bullish signal. Based on what this chart is saying, we should see a continuation of the initial bullish wave now that the correction is over. This is the chart setup. This setup can become invalid if prices move, close and stay below $4.400, any trading above this level and we expect a higher high to happen reaching 12.4 or higher as the next peak. Yes, bullish! Namaste.
Long
by AlanSantana
18
ICP what is next?ICP broke the support that I implemented on my previous analysis due to the FUD about Banks and stuff, so it went down to the stronger minor support (4.40-4.60$). 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.
Long
by Dantefe