ICPUST trade ideas
ICP I think now it's your time...!!ICP ( Internet Computer ) is at it's ALL TIME LOW .
It's decreasing it's value from the day it's launch. The highest price on it's launch day is more then 2000 $ . Now it's value more then 100% down to 20$ .
Now it came down to it's major support or we can say at it's last support . If it break this support we can see new lows
But by the formation of candle at support this time I think it's going to bounce fast.
ON the way bounce back there is a Resistance & a trend line which can disturb him but looks this time these not going to stop him.
We can enter a long position here with stop loss below it's currently support ( with little buffer ) & with multiple take profit
( first one at above resistance , second one at trend line , and final one at previous swing high )
We can take some coins in spot wallet for long term hold it will not be an bad investment.
Rest see what we will get .
Anmol Agarwal.
ICP PredictionInternet Computer (ICP) is a set of protocols that allow independent data centers around the world to band together and offer a decentralized alternative to the current centralized internet cloud providers. ... ICP's plan is to have the protocol running on millions of computers around the world.
💡Don't miss the great buy opportunity in ICPUSD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (20.96).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ICPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 62
Take Profits:
TP1= @ 22.07
TP2= @ 23.12
TP3= @ 23.97
TP4= @ 25.35
TP5= @ 26.43
SL= Break below S2
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