🔍 Key Technical Highlights:
✅ CT Breakout: Clean break above a long-standing counter-trendline drawn from the November 2024 highs. The breakout is decisive, with the latest weekly candle closing convincingly above the CT.
✅ Volume Confirmation: Weekly volume surged to ~9M, confirming strong participation behind the breakout — a critical condition for higher timeframe setups.
✅ Simple Base at 200 EMA: Price formed a simple base right at the 200-week EMA, absorbing selling pressure and building strength before the breakout. This acts as a reliable launchpad, often seen in high-quality setups.
✅ EMA Recovery: The breakout candle reclaims the 200 EMA, a strong sign of trend reversal and institutional interest.
✅ CT Breakout: Clean break above a long-standing counter-trendline drawn from the November 2024 highs. The breakout is decisive, with the latest weekly candle closing convincingly above the CT.
✅ Volume Confirmation: Weekly volume surged to ~9M, confirming strong participation behind the breakout — a critical condition for higher timeframe setups.
✅ Simple Base at 200 EMA: Price formed a simple base right at the 200-week EMA, absorbing selling pressure and building strength before the breakout. This acts as a reliable launchpad, often seen in high-quality setups.
✅ EMA Recovery: The breakout candle reclaims the 200 EMA, a strong sign of trend reversal and institutional interest.
✅ Telegram ( More Charts) : t.me/hashtaghammer
✅ WhatsApp (Contact me) : wa.me/919455664601
✅ YouTube (More Content) : youtube.com/@HashtagHammer
✅ WhatsApp (Contact me) : wa.me/919455664601
✅ YouTube (More Content) : youtube.com/@HashtagHammer
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
✅ Telegram ( More Charts) : t.me/hashtaghammer
✅ WhatsApp (Contact me) : wa.me/919455664601
✅ YouTube (More Content) : youtube.com/@HashtagHammer
✅ WhatsApp (Contact me) : wa.me/919455664601
✅ YouTube (More Content) : youtube.com/@HashtagHammer
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.