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ICPUSD

ICP, What Next? ICP has had a dismal debut in the crypto markets. A listing dump, a long downtrend, and a dwindling market cap; ICP now sits roughly 98% below value of Coinbase listing. Internet Computer is a Web 3.0 blockchain project that has a lot of potential. I believe positive news and a growing user base is coming. It's only a matter of time. It is the world's first blockchain that runs at web speed with unbounded capacity. ICP is ranked #37 on CMC with a market cap of 4.3B at the time of writing. I am following price action to determine if a bottom and accumulation will be formed and a new uptrend born. Recently, I am happy to see no massive moves have been made as other cryptos have experienced sharp bounces from recent lows. Slow and steady will form the foundation for a lasting rise. IF ICP can make it back into the top 10 cryptos it has potential to offer 10x+ gains from current prices. --For example ADA has a market cap currently of 38.4B, ranking #7 ahead of SOL with a market cap of 34B. (BNB and ETH 70B and 365B respectively.) Compare to ICP current 4B market cap I'm sure you can see the potential. I have begun to make some small purchases with the intent of a long hold. ATL currently $18.11 - It is yet to be seen if we have found the bottom. Thank You for reading my post. No Guarantees DYOR Trade Safe, Trade Happy
COINBASE:ICPUSD
by ChiliFingerz
2
Long for ICP after a long compressionSince the initial public launch, This coin has gone through severe compression. As you can see in the chart, the Price action had shaped a wedge from Jan 22 till March 22. Moreover, the price area of 14.5$ _ 15.5$ has proved to be an unfailing and trustworthy foundation. Plus if you consider the price chart with RSI simultaneously in Daily timeframe, you'll see a perfect Divergence. What made me more excited about this setup was another divergence of Price and RSI in WEEKLY timeframe. Although There are no certainty in financial markets analysis, which by the way this one is no exception, I find this coin and this setup highly rewardable and although I have defined the 14.5$ as the bottom line and SL price, but I would recommend to those who are tolerant and also thrilled with experiencing real risks (who will see tremendous Profits in their lives) to stick to their position and Add to it on 11$ and 6 $ and wait for it to get to 52$ and 70$.
Long
by Smarter8
ICP - Reversal Wedge Breakout ✅ICP had been in a wedge for the better part of 6months and we are finally seeing a bullish breakout. As mentioned before in previous posts, wave E can sometimes fall short - which we got here for ICP. Wave E fell short but we created a double bottom pattern before the breakout which is a good bullish indicator for reversal. Trade Idea: - Look for lower timeframe pullbacks and enter - Put stops below the lows - Targets: 37, 57, 100, 150, actively manage the rest. ICP has the potential to go much higher. Buying it at the lows here would be great for a long term investment. Goodluck!
by WicktatorFX
6
ICP/USDT : On the verge of breakout BINANCE:ICPUSDT Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! $ICP is on the verge of breakout on the channel's high. Currently it's moving into a descending channel and after the break-out, It'll be able to climb up to the higher S/R $38.2 ! - But it's better to wait for a proper hold above $24.3 to take Long on it. - Be aware that we have the possibility of reversal on $BTC at $49500's resistance. Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
9
ICP Massive falling wedgeICP has formed a massive falling wedge on the HTF with lots of bullish divergence building up since August on 3D chart. Price completed a 5 wave corrective series with smaller sell side pressure in each wave. A new higher high has just been formed the daily with nice buy side candle on the weekly chart when the candle closes tonight. Signs of a reversal are forming and think its a good DCA buy here. Would like to see a HL be formed and take out the first level of supply for a continuation to the upside
Long
by marshyyy