#zec already broke out of the descending trendline and now it’s clearly holding above the Thunder Cloud along with all the key EMAs. That’s a strong shift in structure compared to what we had before
Price has reclaimed both the trendline and the cloud, which usually signals the trend is changing rather than continuing down
Now the focus is on holding this whole region as support. As long as price stays above the Thunder Cloud and the 1H / 4H / Daily 200 EMAs, dips should get bought and continuation toward higher supply is likely
#UNIBASE just had a strong impulsive move and now pushing straight into previous ATH zone. This is a big level and you can already see some reaction around this area.
The main thing here is the reclaim of the Thunder Cloud along with 4H and Daily 200 EMA, that’s a strong shift in structure and shows buyers are in control for now. Momentum is clearly on the upside after that clean breakout.
As long as price holds above the cloud and these EMA levels, dips should get bought and continuation toward higher levels is likely. Ideally a small pullback into the cloud or 1H/4H 200 would be the best spot for continuation entries.
If it loses this whole zone again, then this move starts to look like a fake breakout and we can see a deeper pullback.
For now structure looks strong, just need to see how it behaves around ATH (maybe look for entry around retest of ATH level)
If price manages to hold above the Thunder Cloud and flip this daily EMA cluster into support, then I’d expect continuation back toward the higher resistance zones
If it loses this region and starts closing below the cloud again, then this whole move turns weak and we can rotate back into the lower range
#UNIBASE just had a strong impulsive move and now pushing straight into previous ATH zone. This is a big level and you can already see some reaction around this area.
The main thing here is the reclaim of the Thunder Cloud along with 4H and Daily 200 EMA, that’s a strong shift in structure and shows buyers are in control for now. Momentum is clearly on the upside after that clean breakout.
As long as price holds above the cloud and these EMA levels, dips should get bought and continuation toward higher levels is likely. Ideally a small pullback into the cloud or 1H/4H 200 would be the best spot for continuation entries.
If it loses this whole zone again, then this move starts to look like a fake breakout and we can see a deeper pullback.
For now structure looks strong, just need to see how it behaves around ATH (maybe look for entry around retest of ATH level)