ANKR/BTC (Potential Bullish Pattern?)
ANKR/BTC
-The short term trend is down
-The price is making a series of lower highs & lows
-But this pattern is Bullish on the technical side
-ANKR bounce off at 100ma support and 0.5 Fib level
-This is a sign of strength which could lead to a potential breakout
-Conservative traders will wait for the confirmation break
-While aggressive traders will enter on support retest
-It all depends on your risk appetite on the market
-My only advice is to use a proper stop loss area
-And always follow your trading plan
-The short term trend is down
-The price is making a series of lower highs & lows
-But this pattern is Bullish on the technical side
-ANKR bounce off at 100ma support and 0.5 Fib level
-This is a sign of strength which could lead to a potential breakout
-Conservative traders will wait for the confirmation break
-While aggressive traders will enter on support retest
-It all depends on your risk appetite on the market
-My only advice is to use a proper stop loss area
-And always follow your trading plan
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