A8USDT: Trendline Breakout with Bullish Confirmation Ancient8
A8USDT:Ancient8: Trendline Breakout with Bullish Confirmation 🚀
- **Key Breakout:** Price finally breaks the descending trendline after multiple rejections (red circles).
- **Volume Spike:** Confirming buyer strength on the breakout (green circle).
- **Parabolic SAR Flip:** Bullish momentum is intact.
- **RSI:** At 69.85, showing strong momentum but nearing overbought.
- **OBV:** Trending upward, indicating steady accumulation.
- **CMF:** Positive, confirming capital inflows.
If the price sustains above the breakout area and the 0.236 Fibonacci level, further upside potential is in play. Watch for volume and momentum to hold!
- **Key Breakout:** Price finally breaks the descending trendline after multiple rejections (red circles).
- **Volume Spike:** Confirming buyer strength on the breakout (green circle).
- **Parabolic SAR Flip:** Bullish momentum is intact.
- **RSI:** At 69.85, showing strong momentum but nearing overbought.
- **OBV:** Trending upward, indicating steady accumulation.
- **CMF:** Positive, confirming capital inflows.
If the price sustains above the breakout area and the 0.236 Fibonacci level, further upside potential is in play. Watch for volume and momentum to hold!
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