As seen in the chart ANKR has been being squeezed for a couple months. We just finished completing a higher low during the completion of an inverse head and shoulders..if we can break through the downward resistance trend line and successfully bounce off the retest then I believe we will do the same with the next 2 levels of resistance on our way to .30 by mid June!!!
Not financial advice just my opinion on ankr in the next coming weeks.
Make sure we have atleast 1 1hour full ranged open and closed candle above the downtrend resistance line before going long on ANKR. If we don’t get a full open and close candle it could result in a false break and then a retest of the bottom uptrend support line and a break below could result in retest of .13, .12, & .11
Best of luck & happy trading
Not financial advice just my opinion on ankr in the next coming weeks.
Make sure we have atleast 1 1hour full ranged open and closed candle above the downtrend resistance line before going long on ANKR. If we don’t get a full open and close candle it could result in a false break and then a retest of the bottom uptrend support line and a break below could result in retest of .13, .12, & .11
Best of luck & happy trading