ICP / TetherUSLong
ICP/USDT Secondary trend. accumulation channel. Reversal zone
Updated
Logarithm. Time frame 3 days.
In a month there will be the last unlock of coins in August. Now the price is in the price zone - ICO 2018. The accumulation channel is currently 431 days. A fractal structure is observed with a previous exit from a local triangle. He showed two options for a local interchange in the accumulation zone:
1) exit from the local triangle as before.
2) and with the removal of stop-loss (descending pennant).
The first significant resistance zone after exiting this accumulation (a large bowl is formed) is around +300% (not price lows and highs, but an average value).
This is what it looks like on a linear price chart.
Main trend.
ICP/USD Main trend. Reversal zone. 911 (publication 3 11 2022).
the main trend (all trading history) at the moment.
In a month there will be the last unlock of coins in August. Now the price is in the price zone - ICO 2018. The accumulation channel is currently 431 days. A fractal structure is observed with a previous exit from a local triangle. He showed two options for a local interchange in the accumulation zone:
1) exit from the local triangle as before.
2) and with the removal of stop-loss (descending pennant).
The first significant resistance zone after exiting this accumulation (a large bowl is formed) is around +300% (not price lows and highs, but an average value).
This is what it looks like on a linear price chart.
Main trend.
ICP/USD Main trend. Reversal zone. 911 (publication 3 11 2022).
Note
Local trend reversal zone.Note
Note
Note
Note
After a local pump from a trend reversal, a clamping zone is formed similarly to the XVS, a zone of levels 11.361-15.631 (note that these local "levels" were shown in the secondary trend ideas of the publication on 07 2023 in the accumulation zone, that is, more than 8 months ago). The key local reversal zones on the chart are shown by arrows.
Note
16 09 2024 
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