Internet Computer / Tether
Mis à jour

Will $5 be a strong support zone for ICP

751
Looking at the RSI, MACD and volume there aren`t any signs of a reversal in price. There is just no momentum, no will to buy for a long term at these prices, oscillators making lower highs and following price. On the mid-long term I think this is going to drop to $5. Even in those price levels there will be a high risk in buying into the altcoin market, are these companies really going to solve the problems of a monopolized internet by US tech giants, or are they just creating new problems with other owners, i don`t know, but i do know that we aren`t going to find out in a long, long time.
Trade fermée manuellement
Looks like the falling wedge was the correct trend after all and ICP is still trading inside snapshot
Note
snapshot
Note
Comment: $5 Hit and gives some temp support as predicted in my initial idea, with the information we have now, no i don`t think $5 is going to hold.
Note
snapshot
Trade fermée manuellement

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.