ICPUSDT is creating a descending channel

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.

• 🟣 Purple structure -> Monthly structure.
  
• 🔴 Red structure -> Weekly structure.
  
• 🔵 Blue structure -> Daily structure.
  
• 🟡 Yellow structure -> 4h structure.
  
• ⚫️ Black structure -> <4h structure.
  

Kommentera:

the price is creating a double bottom on the daily support

Kommentera:

Breakout as expected and now the price is testing 0.5 Fibonacci Level as new support!