Hi all. Timeframe 1 week. After a long fall, ICPUSDT has formed a descending channel and is located at its resistance. I’m considering recruiting to the spot now with a pick-up from the green zone (unlikely). Also long during a breakdown/retest of resistance. In principle, you can already look for an entry on a lower timeframe. Marked goals and levels on the chart.
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the first take is closed, now +70% of the channel breakout
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the second take is closed, +112% of the channel breakout
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the third take is closed, now +150% of the breakout
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ICP has formed a local channel with a step of ~40%, from the breakout of the global one it is at a profit of +140%
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a local channel has been formed with a step of 50%, I recommend for local work an internal channel with a step of 20%
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After the breakout and subsequent return to the channel, testing the lower boundary, ICP returned to the precisely designated boundaries. Locally - work in the channel. Globally - long in case of breakdown/consolidation.