INTERNET COMPUTER (ICP) NEEDS This MASSIVE Support To HOLD!!! Internet Computer ICP Updates

INTERNET COMPUTER (ICP) NEEDS This MASSIVE Support To HOLD!!! Internet Computer ICP Updates
Welcome to the Coin Trades KZbin channel, where we delve into the fascinating world of cryptocurrency! In this video, we bring you a comprehensive analysis of the Internet Computer (ICP) cryptocurrency, focusing on its price and chart movements. Join us as we explore the weekly and daily charts, review key price levels, and discuss the future potential and current possibilities based on pattern analysis.
Previous Internet Computer (ICP) Video:
• INTERNET COMPUTER (ICP...
📈 Weekly Chart Analysis:
We kick off by examining the broader trends of ICP on the weekly chart. By analyzing the long-term price movements, we'll uncover crucial support and resistance levels, identifying significant price areas that can influence ICP's trajectory. We'll evaluate the formation of patterns, such as ascending/descending triangles, wedges, or head and shoulders, to gain insights into potential breakouts or reversals.
📉 Daily Chart Analysis:
Next, we zoom in on the daily chart to explore more recent price action. Here, we'll closely observe ICP's short-term trends, support and resistance levels, and key technical indicators like moving averages, RSI, and MACD. We'll also examine candlestick patterns and volume to gauge market sentiment and identify potential buying or selling opportunities.
💡 Reviewing Price Levels:
Throughout the video, we'll carefully review crucial price levels for ICP, analyzing how they have historically acted as support or resistance. By understanding these levels, we can assess the current price movements within the broader context and gain insights into potential future price action.
🔍 Future Potential & Current Possibilities:
Drawing on our extensive pattern analysis, we'll discuss the future potential and current possibilities for ICP. We'll explore bullish and bearish scenarios, taking into account the overall market sentiment and the fundamental factors that can influence ICP's growth or decline. Our goal is to provide you with a well-rounded perspective on the cryptocurrency's outlook.
Whether you're an experienced trader or a crypto enthusiast, this video will equip you with valuable insights into the price and chart analysis of the Internet Computer (ICP) cryptocurrency. Join us now to stay informed and make well-informed decisions in this dynamic market!
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#internetcomputer #internetcomputerprotocol #internetcomputerprice #internetcomputerpriceprediction #ICP #Cryptocurrency #TechnicalAnalysis #Trading #Investing #CryptoAnalysis

[@CoinTrades]

Thanks for watching Coin Traders!!! Can 11.70 hold as support for ICP???

[@digitaldavid5633]

Great analysis. LETS GO ICP!!

[@CoinTrades]

leggo

[@davidwinter1379]

Love me some ICP

[@CoinTrades]

yes u do

[@arnolde4101]

Yeah, the coin is at a strong price level right now. However, each subsequent high is lower than the previous one. It doesn't look bullish to me right now. But of course, everything depends on the BTC movement in the near future.

[@CoinTrades]

yep - spot on

[@JesusIsOneOfOne]

I honestly want it to go down and thats no cap.. im not just saying that!!! I want to grow my position heavily!!! With staking rewards for 8 years, I'll double my position which halves my average... i can't lose.. even if it goes down to $6

[@Damien-Infinity]

Words of Wisdom❤😇

[@CoinTrades]

Always enjoy the pullbacks for adding to the position

[@arnolde4101]

By the way, I continue to hold my long BTC position with 10x leverage on Fybit.

[@CoinTrades]

cheers, happy trading!

[@SatoshiSeeker.]

Can you explain the significance of the exponential moving averages and how they influence the bullish direction in the longer term? Can you help us by analyzing some RWA projects in a video? I really enjoy Real Estate projects like Prop or Asset Avenue.

[@CoinTrades]

Sorry for the delay on this! Yes, I will definitely make sure to cover more RWA in the future! Thanks for the suggestion! With EMA's, they typically are a good trend indicator. Above the EMAs = uptrend and below is downtrend. Plus, then we can usually see how they relate to how it reacted to different levels that it made as support v resistance. Hope that helps :)

[@JesusIsOneOfOne]

Let me ease everyones mind.. no one but me has ever told you this... for example... if your average is $13.. if you stake for 8 years.. youll double your position so in reality you can halve your average from staking rewards.. its really $6.50... your welcome!!!! And.. imagine what the price will be 8 years from now!!!! Just calm down and enjoy your life.. don't stress!!!!

[@Damien-Infinity]

Words of Wisdom😇👍💯

[@thecryptoguy1406]

more of these

[@CoinTrades]

cheers thx

[@markspelson1324]

No. It’s screaming capitulation. In other words you’ll hear a big. “Wooooosh” then it’ll recover and stagnate.

[@CoinTrades]

Will be interesting to see!