$ACT
– Potential Bullish Breakout
The chart shows a breakout attempt from a long-term descending resistance trendline.
Confirmation conditions:
- Daily candle closes above descending resistance.
- Retest of the breakout level holds.
- Increasing volume supports bullish momentum.
- Price maintains above the breakout zone.
Important: The breakout is not fully confirmed until the daily close and retest are successful.
– Potential Bullish Breakout
The chart shows a breakout attempt from a long-term descending resistance trendline.
Confirmation conditions:
- Daily candle closes above descending resistance.
- Retest of the breakout level holds.
- Increasing volume supports bullish momentum.
- Price maintains above the breakout zone.
Important: The breakout is not fully confirmed until the daily close and retest are successful.
