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Ankrusdshort

ANKRUSDT heading lower to next support zone around 0.0375ANKRUSDT has hit the weekly resistance zone. It is likely that it will be pushed down from here and price will head to weekly support 1 level as shown with path S1. There shall be a bounce from here as shown using path L2. However, in my opinion this support is not that strong compared to weekly support 2. Therefore, I am inclined to the possibility that price will break the first weekly support (weekly support 1) and head towards weekly support 2 zone. But that may change depending on how is the reaction of price on weekly support 1 zone. Therefore, let us focus on path S1 and we will then observe L2 to evaluate how S3 may look like. If we achieve step S3, then S4 should be a very strong bounce and the probability of that bounce being strong is very high. That bounce might pave for a higher high compared to the recent high.
Short
by angela_altair
Updated
44
ANKRVery simple ... Very clear! Everything is marked on the chart. This is my personal opinion. Please do not trade based on my analysis and data.
Short
by Mahdi-MA
Updated

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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