ANKRBTC
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
ANKRBTC | Price Nearing its resistanceBINANCE:ANKRBTC has conquored all its major EMA's(100D-blue, 200D-red, 300D-yellow). Depending on how the price pays on reaching a resistance plays an important role in going long.
BUY: 0.00000043 - 0.00000047
T1: 0.00000054
T2: 0.00000060
T3: 0.00000065
SL: 0.00000027 (Below the 300D EMA)
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ANKR/BTC (Key Support 41 sat?)ANKR/BTC
-This coin has dropped over -40% from the High at 85 sat area
-During the Bitcoin breakout, most Altcoins decreased more than -30% its value
-Looking at this coin, The next Key levels to watch are the 41 sat range
-Because this is a confluence of previous resistance and support
-The probability of a strong bounce reaction in this area is High
-Also, 40 sat is a whole number and a good psychological support
-Keep an eye of this asset and enable your Alerts