ICPUSDT is creating a descending channel
Updated
ICPUSDT is creating a descending channel on the daily resistance.
IF the price is going to have a breakout from the descending channel and retest the 4h resistance as new support, According to Plancton's strategy(check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
IF the price is going to have a breakout from the descending channel and retest the 4h resistance as new support, According to Plancton's strategy(check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <4h structure.
Note
the price is creating a double bottom on the daily supportNote
Breakout as expected and now the price is testing 0.5 Fibonacci Level as new support!
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