$C — Breakout + Retest Done, Momentum Turning Up 👀
C just broke above its descending trendline on the 4H after a clean downtrend — and it’s already backtested the line and held. That retest holding is the part that matters.
🟢 Trendline flipped from resistance to support
✅ Backtest done, buyers defended it
📈 If momentum follows through, the path opens up toward the 0.08–0.12 zone
This is the textbook sequence I like: break → retest → continuation. Structure’s on the bulls’ side as long as it holds above the trendline. Lose it and the breakout’s void.
Just my view, not a call.
DYOR / NFA
C just broke above its descending trendline on the 4H after a clean downtrend — and it’s already backtested the line and held. That retest holding is the part that matters.
🟢 Trendline flipped from resistance to support
✅ Backtest done, buyers defended it
📈 If momentum follows through, the path opens up toward the 0.08–0.12 zone
This is the textbook sequence I like: break → retest → continuation. Structure’s on the bulls’ side as long as it holds above the trendline. Lose it and the breakout’s void.
Just my view, not a call.
DYOR / NFA