The ZEBEC network is showing signs of strong vertical accumulation, setting a prokout for a breakout beyond all its previous-high. The tendency of rapid is intact with a clear structure of high and higher.
Summary
- The ZBCN string is integrated with a rapid vertical channel supported by the string structure.
- About resistance, a Mot sets a breakout for the new all-time high.
- The volume contract indicates an upcoming move; Continuous volume will validate brakeouts.
After recovering several important levels on the chart, the ZEBEC Network (ZBCN) has formed an aggression rapid tendency that begins with a swing low in daily support. Since then, the asset has printed high and high, confirming a strong rapid market structure. The value is now getting consolidated near the value, which appears to be a vertical accumulation phase that is processed to reverse.
Major technical points
- Rapid market structure: High high and high climbing contradictions.
- Accumulation Channel: 0.618 vertical structure supported by Fibonacchy on corrective retracts.
- Breakout target: Above the weekly resistance in the new all-time high.
The step began on the ZEBEC network, a day’s support in a day below the low day support, for the formation of swing low to mark the base of this Rali. Once the price decreased, the faster the structure became prominent, and the price quickly accelerated through the point of control. This was followed by Value Area High Reclaim, where now is hovering.
This Rali has formed a vertical accumulation structure, which resembles an estimated ascending channel from a technical point of view. As long as Prime respects the low range of this structure, especially on corrective motors, 0.618 fibonacci retracement levels, bullish tractors are valid. These levels serve as significant support with large trends.
The ZEBEC network is now coming close to its previous all-time high to weekly resistance. If the volume supports the move and the structure remains intact, the next leg is likely to target high new price search areas. This step is heavy on the behavior of the volume profile, which currently shows a decline – a specific sign that a volume influx administrator can be.
Historically, the quantity contraction within the strong rapid structures of exclusive moves, especially when the consolidation resistance occurs. Once returning to the Bululum, it must remain elevated to maintain a breakout and push value in the unwanted area.
From a structural point of view, even with short -term improvement, the zebek network remains extremely rapid. The value has respected all major support areas and continues to move forward with the upward accumulation channel. Until the structure is broken, the technical approach is in favor of continuity towards the new all-time high.
What is expected in the upcoming price action
The ZEBEC network is trading with a rapid vertical accumulation structure. If there is support holding and volume returns, a breakout of weekly resistance and continuity at new heights is expected. The structure remains rapidly.
