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ICP

ICP Did It! What is Next?In my previous analysis, I had mentioned that ICP coin would rise from $3.60 to $8.20. Despite ICP dropping from $500 to $3, it is still a strong project and my favorite coin. Unfortunately, due to VC involvement, the coin that had fallen so much has finally started to show a strong uptrend. What is next? RSI is oversold, and price made a huge pump (+%50) since yesterday. Therefore, I believe ICP will make some corrections. As I point it out in the graph, if it starts to do some correction, I believe around 7.50$, we will see some reversal to go up to 15$. If it doesn't stop here, it can directly go to 15$, but I believe it will rejected from there and will do some corrections. In that case, I will publish a new analysis. This is my trial. Not a financial advice.
Long
by Dantefe
2
Filecoin Rejected; Another 80% Drop Coming?Filecoin showing EXTREME WEAKNESS. While most other DePIN projects have pumped, Filecoin has failed to do so. It keeps rejecting around $6, which is a BAD OMEN because every other coin has had no problem breaking through resistance. It's unlikely Filecoin will breakout because altseason is over and bitcoin is about to see a major correction. If you bought Filecoin above $10, chances are you will never break-even, let alone make a profit (the ATH of this shitcoin was over $200!). Maybe Filecoin will reach $10-$12 as the TOP FOR THE NEXT BULL MARKET, when Bitcoin is $200,000. I expect another 80% dump for Filecoin!
Short
by couldntcomeupwithone
23
ICP/USDT Bullish Horizons what next? 👀 🚀ICP Today Analysis💎 Yello, Paradisers! Get ready for an exciting opportunity with #ICPUSDT. It's currently in a demand zone and poised to breach a supply level, signaling a high chance of a bullish move after this breakout. 💎 We've noticed that #InternetComputer often successfully follows a pattern where it breaks above a descending trendline and initiates an upward trajectory, consistently creating higher highs and lows. If it breaks through the supply level at $5.293, we're likely to see a strong bullish surge to overcome a major supply barrier. 💎 However, if it struggles to maintain this upward momentum, there's a chance it might seek bullish continuation from its previous support zone at $4.018. A fall below this could lead to a significant downward trend. Stay alert and watch these levels!
Long
by MyCryptoParadise
3
ICP- Where to buy/re-buy?In my recent post on COINBASE:ICPUSD , I posited that, subsequent to the breakout above the long-term falling wedge pattern, the price had the potential to experience a significant uptick, possibly resulting in a 100% increase. True to this projection, the price not only surpassed my initial $10 target but peaked at $12. Currently, the coin is undergoing a normal correction, presenting traders with a fresh opportunity to enter the market. My point of interest for this correction lies around $8, with a target set at the recent high of $12.
COINBASE:ICPUSDLong
by Mihai_Iacob
5
ICP- Huge falling wedge for 100% riseBINANCE:ICPUSDT has been trading in an immense falling wedge for a year and a half now. At this moment the coin is exactly in the pattern's resistance and a break could fuel a strong rise. The recent rise, although not so aggressive as in other coins could be interpreted as an accumulation in a rising channel which also adds to my bullish outlook. In conclusion, I'm bullish ICPUSDT as long as it stays above 4 USD and, considering a target around 10usd, a 1:5 risk: reward could be achieved.
Long
by Mihai_Iacob
4
♥ ♥ Double Bottom Patterns ♥ ♥A double bottom pattern is a classical pattern that indicates a change in trend and a shift in momentum from bearish to bullish. It is composed of two consecutive troughs that bottom out at roughly the same price level. This level acts as a support for the price. The double bottom formation is a bullish reversal pattern that is created after a prolonged downtrend. In order to identify this pattern, you will need to look for the following: 1. Two distinct troughs that bottom out at roughly the same price level. 2. A moderate rally in between the two troughs, creating a resistance. 3. A break above the resistance after the 2nd trough is formed. If you see a chart with these characteristics, you have recognized a double bottom pattern. This pattern is regarded as a very reliable reversal signal, and traders frequently use it to enter long positions.
Long
by Bit-Xploid
20
#ICP/USDT 2D (#BinanceFutures) Big falling wedge break & retestInternet Computer seems to have found bottom on historical demand zone, RSI entered oversold territory, recovery towards 100EMA would make sense. ⚡️⚡️ #ICP/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Long) Leverage: Isolated (1x) Amount: 9.4% Current Price: 3.804 Entry Targets: 1) 3.390 Take-Profit Targets: 1) 6.098 Stop Targets: 1) 2.305 Published By: @Zblaba CRYPTOCAP:ICP #ICPUSDT #InternetComputer #Dfinity #Web3 Risk/Reward= 1:2.5 Expected Profit= +79.9% Possible Loss= -32.0% internetcomputer.org dfinity.org
Long
by TradingOn
🔥 ICP Long-Term Trend Shift: Short-Squeeze PotentialIn the past I've written many times about ICP's terrible performance and price action. It was one of the worst performing tokens of the last 2.5 years, with a serious risk of never going up again. But, where there's pain, there's also opportunity. With ICP losing over 99% in value in 2.5 years, it has some serious potential to pump. Not saying that we're going to see new all-time highs, but a move towards 100$ is still in the cards. The weekly RSI has hit it's highest level since ICP started trading on Binance. This is a bullish metric in itself. Furthermore, with ICP being so weak, it was a shorter's dream come true. I reckon there's a lot of shorts currently wondering whether to close their short position or to leave it open. If BTC (and alts) continue to rise, ICP will rise with it, making more and more shorters close their positions, which leads to even more bullish price action since they have to buy their positions back. This could cause a short-squeeze in ICP's price. All in all, I think it's quite possible that ICP's lows are in and that we're going to see a long-term trend shift.
Long
by FieryTrading
6