Hello everyone!
I suggest you pay attention to #ANKOR. On the daily and weekly timeframes, a inverted head and shoulders pattern has formed. The target level for this pattern is at 0.05$, but there are a few possible price movements.
The first possibility is the price dropping to the nearest strong Fibonacci level of 0.382, from where you can consider opening a position with a target of 0.044$ and a potential profit of 63%.
The second possibility is entering after the price returns to the area above 0.03$, with the same target and a potential profit of 41%.
The third possibility is the completion of the head and shoulders pattern. The target here is 0.05$ with a potential profit of 59%.
This is not financial advice, all actions taken are at your own risk!
I suggest you pay attention to #ANKOR. On the daily and weekly timeframes, a inverted head and shoulders pattern has formed. The target level for this pattern is at 0.05$, but there are a few possible price movements.
The first possibility is the price dropping to the nearest strong Fibonacci level of 0.382, from where you can consider opening a position with a target of 0.044$ and a potential profit of 63%.
The second possibility is entering after the price returns to the area above 0.03$, with the same target and a potential profit of 41%.
The third possibility is the completion of the head and shoulders pattern. The target here is 0.05$ with a potential profit of 59%.
This is not financial advice, all actions taken are at your own risk!
Trade closed: target reached