Hello my fellow Cryptocurrency money-maker, I am hoping you are having a wonderful week.
The Internet Computer is a strong project because it is part of the TOP100 by market capitalization; but, here, the reason why I consider this pair "strong" is because of the higher low.
Remember, we love Cryptocurrency, we love the market, we love Bitcoin and everything related to money, the evolution of money and finance, innovation and freedom of course; but, our focus here is with TA, that is, technical analysis.
➖ ICPBTC hit a major low, it hit "bottom," in October 2023. This bottom was followed by a 250%+ bullish wave. And this bullish wave was followed by the marketwide correction we are all so very well familiarized with.
The end of the correction for this pair ended in July 2024 as a higher low.
The pairs that are weaker bottomed in August 2024 and produced a lower low in 2024 compared to the price at which they traded back in October 2023. Those that start to recover sooner or fail to move lower, can be considered stronger. This is the case here.
The more important point here is the fact that a bullish wave will develop. This wave should be really strong.
We are already in a bullish cycle for this pair since October 2023, because of the higher low.
The first peak would be the first wave and these cycles can have two or three of such waves and sometimes it can go to four or five or even more.
Since we have a higher low, we can expect a higher high.
We have some easy, secure and strong targets mapped on this chart.
👉 First target goes for 290% at 0.00052. While the second one goes beyond 400% around 0.00077.
To me this looks good.
Remember that it takes time for the whole thing to unravel.
Market conditions can always change.
Patience is key.
Do your own research. Do your own planning.
You enjoy all the profits if you win. You take responsibilities of any losses if you fail in your trade.
This is not financial advice.
You are your own God. You are Divine. You are Special. You are wise. Believe in yourself.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.