Internet Computer (ICP)

2023年4月18日

ICP project was announced with great fanfare and promised great features. However, ICP's price was in a long downtrend until recently when price broke the downtrend line and made a higher high and a higher low. It's too soon to surmise the major trend reversal has happened since at least another higher high and higher low is needed. Let's see what happens.

2023年6月26日

註釋

It is possible that ICP has made a double bottom, and thus a reversal can happen. We have to wait for confirmation.

2023年8月14日

註釋

Just an update.

2023年10月29日

註釋

So, ICP has been moving in a somewhat descending channel. It seems ICP has started an upward wave from the bottom of this channel. Let's see if ICP can reach the upper line or even break through it.

2023年12月16日

註釋

So, ICP reached the channel's upper line and broke it with momentum, showing that the impulse wave is strong. It is most probable that a big Cup and Handle pattern is unfolding. Let's see what happens.

2024年3月24日

註釋

So, ICP went up pretty well. It seems ICP is resting/oscillating in an ascending channel. Let's see when ICP break this channel upward.

2024年4月19日

註釋

So, ICP still oscillating in the ascending channel.

2024年7月17日

註釋

So, ICP lacked the momentum to continue the upward move; thus, a correction wave started. ICP went down and touched the previously broken line. Let's see when ICP breaks the minor downtrend line.

4月26日

交易進行

So, ICP analysis is still valid. It seems, ICP's correction unfolded in a descending channel, and currently, ICP is bouncing from the bottom and breaking the downtrend line. Let's see what happens.