Ankr technical analysis is straightforward; almost. An impulse upward wave is followed by a corrective downward wave. After the corrective wave finished at Fibonacci retracement of 0.5, the price broke the downtrend line and it seems the next impulse wave has started. It is worth mentioning that Ankr has partnered with Microsoft, so there is a bright future for this coin. Let's see what happens.
Comment:
So, Ankr reached the major horizontal resistance area on which Ankr bounced off several times. If Ankr wants to go higher, first have to break this area. Let's see what happens.
So, Ankr reached the major horizontal resistance area on which Ankr bounced off several times. If Ankr wants to go higher, first have to break this area. Let's see what happens.
Comment:
So, Ankr finally broke the major horizontal resistance area. Ankr probably goes up a little and then make pullback on this area; then after pullback finished, Ankr will head toward ATH. Let's see what happens.
So, Ankr finally broke the major horizontal resistance area. Ankr probably goes up a little and then make pullback on this area; then after pullback finished, Ankr will head toward ATH. Let's see what happens.
It seems a Head and Shoulders pattern is forming in Ankr chart. Let's see what happens.