ICP bounce back towards $60When this crypto came out it was instantly a top 10 crypto. Almost unseen of....a black swan event if you will.
Years in development. The newest tech. Now its beat to shit (DEVs probably cashed out and then some), selling for pennies compared to ATH's. Although red, MACD seems to be trending slowly in the right direction. I'll take a swing at these prices and hope it starts trending back towards the 50 day MA.
Just an idea.
ICPUSD trade ideas
ICP - The Biggest sell off (Almost Time) I've been watching ICP since the release. It was a top 3 out of nowhere. Then weeks pass and its been on a constant drop. Remember the Marketcap is still in the billions. There are a lot of money within ICP. I believe it will go back to 100-140 dollars or beyond. I have a Target of around 30 Dollars, after that, we should be able to start climbing up.
ICPI do like this range bound price action. I dont know what this token does. Zero research was done. If it dumps - I deserve it. If it pumps - see last sentence to tell you why I think its a place to add this invaluable asset.
Nothing excites me about it but I do like rising triangle and clear zig zag chop
Would like to see it back at $80
PS: Those of you that watch my posts and think that I know something - I don't. I am a pajama pants gambler and a noob so treat all my posts as entertainment Sunday newspaper material only.
Also, Harvest Full Moon is tonight so we gotta get that harvest. The moon is going to give us the pump.
Internet Computer maybe be a scam, but it can go up.
Internet Computer is undoubtedly a scam, after launching on coinbase it dropped from around $650 to $26 within a month. The developer team sold billons of dollars worth relentlessly on the open market. With that being said it looks like a decent set up to go higher with tight stop below support level. COINBASE:ICPUSD
Dfinity (ICP) • Above resistance and Trending Dfinity just broke resistance range. Volumes also look good for possible uptrend.
This coin got destroyed last months but it is now looking good for possible 330 levels (50% of whole correction from ATH)
Marketcap: $12B (#17)
Open interest: $6.97M
Funding Rates: Flat
ICP - Could See $154 Before BTC Is DoneICP looks set to break out somewhere in this area.
Since the bottom, price has completed a 1:1 ABC and now looks to be in a continuation pattern.
Notice the mini bull flag breakouts within the horizontal channel. Each one builds pressure. As Wyckoff described - they are "the cause." When price breaks out that will be "the effect" of pressure built and may well be explosive.
There are other possible ratios but if price breaks above the containment channel then I think this will most likely be a 1:1 ABC up to $154 area.
Not advice.