Yello, Paradisers! Are we about to witness a game-changing move for #ANKR? Let's discuss latest analysis of #ANKRUSDT:
💎After 4-5 months of grinding through a downtrend, #Ankr has finally broken out of a descending channel, thanks to a solid push from the bullish order block (OB) at $0.023. While this could mark a potential turning point, we’re not in the clear just yet.
💎For this rally to truly gather momentum, #ANKR must break above the critical Bearish OB between $0.031-$0.033, which previously acted as support. If bulls can push it past this level, we could see a stronger move toward the next significant resistance, driven by rising volume and the support of the 20EMA, signaling bulls might be taking charge.
💎However, if this momentum stalls, watch for a pullback to retest the breakout zone around $0.023. A failure to hold this support could trigger a move back to the lower demand zone at $0.0196.
💎A break below $0.0196 would shift control back to the bears, likely leading to a deeper correction and dashing hopes of a bullish recovery in the short term.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
💎After 4-5 months of grinding through a downtrend, #Ankr has finally broken out of a descending channel, thanks to a solid push from the bullish order block (OB) at $0.023. While this could mark a potential turning point, we’re not in the clear just yet.
💎For this rally to truly gather momentum, #ANKR must break above the critical Bearish OB between $0.031-$0.033, which previously acted as support. If bulls can push it past this level, we could see a stronger move toward the next significant resistance, driven by rising volume and the support of the 20EMA, signaling bulls might be taking charge.
💎However, if this momentum stalls, watch for a pullback to retest the breakout zone around $0.023. A failure to hold this support could trigger a move back to the lower demand zone at $0.0196.
💎A break below $0.0196 would shift control back to the bears, likely leading to a deeper correction and dashing hopes of a bullish recovery in the short term.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
Trade closed: target reached
💎Nailed it again - #ANKRUSDT is up 140.76%, right on cue!
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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.