$ICP : A Healthy Correction is Coming…
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ICP reaches 138% Fibonacci extension, a critical Elliott Wave milestone. A 16% pullback signals potential Wave 4 correction after 29% rally. Predicted support lies between $9.40-$11.36, defined by 61.8% retracement. The diagonal pattern suggests a complex ABC correction, making forecasting challenging. Analysts await further price data to define Wave 4's pathway.
Key levels:
- $9.40-$11.36 (support)
- 138% Fibonacci extension (third-wave completion)
Market insights:
- 29% rally shows strong interest
- 16% decline indicates healthy correction
Stay tuned for updates on ICP's Wave 4 progression.
#BinanceNextWave #BinanceNextMove #ICP #InternetComputerProtocol #Bullish