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ICP / TetherUS

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Will $5 be a strong support zone for ICPLooking at the RSI, MACD and volume there aren`t any signs of a reversal in price. There is just no momentum, no will to buy for a long term at these prices, oscillators making lower highs and following price. On the mid-long term I think this is going to drop to $5. Even in those price levels there will be a high risk in buying into the altcoin market, are these companies really going to solve the problems of a monopolized internet by US tech giants, or are they just creating new problems with other owners, i don`t know, but i do know that we aren`t going to find out in a long, long time.
by thedutchgopher
3
ICP inverted H&S*log scale Internet Computer is approaching the major downtrendline which dominated for almost a year. Price forming Inverted Head and Shoulders 🤷 so it looks like price may be bottoming but still too early to say! IF price breaks the Neckline @ 9.8 and the major downtrendline then I think there is chance for run to 14.9 and even higher. Check how the iH&S target coincides with important market structure (yellow). ENTRY : Neckline break @ 9.8 STOPLOSS (SL) : Left Shoulder @ 6.75 TARGET (TP) : Inverted H&S target projection @ 14.9 (view reg scale to do the projection Head-Neckline = Neckline-Target) REWARD RISK RATIO (RRR) : 1.5 INVALIDATION : when SL level hit (Left Shoulder @ 6.75) Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
10
ICPUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for ICPUSDT Here we have R3, R2, and R1 as the resistance areas and they all express the price was not able to rise at different points. And at the bottom of the chart, S1 is our support area that includes the well support of price. At the present, we have the price fluctuating below R1 and we expect it to have a decline toward S1 and reach some lower amounts. Then by providing some confirmation candles to rise, a rising trend would be there for it to reach higher amounts such as R2. If the price falls below S1, more decline is waiting for it. The point is to wait for some confirmation candles in order to make sure what will happen next and act precisely. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
2