MyCryptoParadise_Simon

ICP/USDT Gearing Up for a Bullish Rally? 👀🚀ICP Analysis

Long
BINANCE:ICPUSDT   ICP / TetherUS
💎Paradisers, let's focus on #ICPUSDT, which is currently showcasing exciting market movements within an ascending channel.

💎At the moment, #InternetComputer is making its way towards the ascending resistance, originating from the demand zone. This opens up the possibility for the price to rebound from this zone and embark on an upward trajectory, aiming for the bearish Order Block (OB) as its next objective.

💎However, if ICP does not manage to rally and instead dips below the demand zone, we might see a pullback to the Bullish OB region around the $10.878 mark, where it could find renewed energy for an upward push.

💎The Bullish OB zone has historically been a crucial point for initiating significant market recoveries upon testing. Yet, a failure of this zone, signaling a bearish trend, may lead to a continuation of bullish momentum from a more subdued position.

💎In the event that #ICP doesn't harness the momentum from this or a further reduced level, a continued decline may follow. Rest assured, Paradisers, your ParadiseTeam is closely watching these developments, ready to offer support and guidance through these market shifts.
Trade closed: target reached:
Nailed it again - #ICP is up 95.66%, right on cue!
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