Hello everyone and welcome to my analysis of ANKR.
First of all I would like to point that ANKR to BTC made a new ATH after which it found resistance at 141.8 FIB from where we had a pullback, now I will try to find where we may see a support on ANKR USD pair and where is possible good opportunity to buy. First looking at last rally I would like to point out that 61.8 fib from that is around 0.082 also at 0.08 we have fibonnaci expansion which is highly accurate when it comes to where correction may end.
So as a matter of fact I would like to point that zone between those levels 0.08-0.082 is a great zone to buy ankr. Also pullback to those levels would mean retest of previous resistance and putting this all together we have an answer to what can be a moves on this pair. "A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
First of all I would like to point that ANKR to BTC made a new ATH after which it found resistance at 141.8 FIB from where we had a pullback, now I will try to find where we may see a support on ANKR USD pair and where is possible good opportunity to buy. First looking at last rally I would like to point out that 61.8 fib from that is around 0.082 also at 0.08 we have fibonnaci expansion which is highly accurate when it comes to where correction may end.
So as a matter of fact I would like to point that zone between those levels 0.08-0.082 is a great zone to buy ankr. Also pullback to those levels would mean retest of previous resistance and putting this all together we have an answer to what can be a moves on this pair. "A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Comment:
target was reached. next analysis presents potential resistances levels.