ICP/USDT Secondary trend. accumulation channel. Reversal zone

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.

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Local trend reversal zone.

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Everything is still the same, fully formed triangle, price is clamping down.

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The triangle was broken down. The price reached $3. Possible local movement towards the resistance of the mirror level zone and the downward trend.

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