Bullish LONG Term
The price of ANKR Coin has been hovering around 12.5+ to 20.2+ cents for a period of 30 days.
Point A to B - 3 days(Up)
Point B to C - 11 days(Down)
Point C to D - 7 days (Up)
Point D to E - 9 days(Down)
Total Days- 30 days.
As Far my analysis goes, this coin has been consolidating during this time period. It has a max supply of 10 billion out of which around 7 billion in circulation.
Looks like to me, the Downward Channel is broken within the consolidating channel and moving towards the R. A break in R could result in higher price of this coin and many more buyers could step in and drive the price higher and Vice Versa. A bag holder of 40k as of Now.
This is not a financial advice. Set up your Stop Loss and Stop being greedy. Take Profits along the way. GOOD LUCK!
Point A to B - 3 days(Up)
Point B to C - 11 days(Down)
Point C to D - 7 days (Up)
Point D to E - 9 days(Down)
Total Days- 30 days.
As Far my analysis goes, this coin has been consolidating during this time period. It has a max supply of 10 billion out of which around 7 billion in circulation.
Looks like to me, the Downward Channel is broken within the consolidating channel and moving towards the R. A break in R could result in higher price of this coin and many more buyers could step in and drive the price higher and Vice Versa. A bag holder of 40k as of Now.
This is not a financial advice. Set up your Stop Loss and Stop being greedy. Take Profits along the way. GOOD LUCK!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.