ICNT Analysis (12H)

28 nov

Considering the large liquidity pools that have been collected and the price reaching an origin of movement, the probability of a rejection from the supply zone is high.

Since there is liquidity at the bottom of the chart as well, if the price breaks the demand zone, it may move toward the lower liquidity pools. However, if the demand zone holds as support, we could potentially see a new ATH.

Let’s wait and see what happens

Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you

1 dic

Trade attivo

It has dropped more than 26% so far after tapping the identified supply zone

ieri

Trade chiuso: obiettivo raggiunto

price was rejected more than 34% from the supply zone, and after tapping into the identified demand zone it pumped over 24%.

If you have entered the position, consider taking partial profits and moving your stop-loss to breakeven.

To view our serial ICNT analyses, tap on the replied analyses.