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Technical analysis by Crypt0_Ninja about Symbol ICP: Buy recommendation (11/24/2024)

https://sahmeto.com/message/2998745
Crypt0_Ninja
Crypt0_Ninja
Rank: 25216
1.3

ICPUSDT

Buy
Price at Publish Time:
$10.82
Buy،Technical،Crypt0_Ninja

The ICPUSDT chart highlights an analysis using Order Block (OB) and Fibonacci + Liquidity. The price is reversing its structure and breaking out of the accumulation zone, signaling a strong bullish momentum. The primary target is set at $14, aligning with key liquidity at the EQH level and Fibonacci 0.5 retracement.If the upward movement continues, the next targets are the Fibonacci 0.618 level and the EQH at $16.40.Support is defined within the current Order Block, which has the potential to transform into a Breaker Block, enhancing price stability during potential pullbacks. The breakout from the accumulation zone and the structural shift confirm bullish sentiment, making these levels crucial to monitor for further developments.

Source Message: TradingView
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