Evening Traders,
Today’s analysis – ANKRUSDT- trading above its Local S/R where in impulse is probable,
Points to consider,
- Price Action Ranging
- Local S/R Support
(.382 Fibonacci Confluence)
- Swing High Objective
- Low Volume
ANKRUSDT’s immediate price action is ranging above its Local S/R with the that is in confluence with the .382 Fibonacci, allowing for a long bias.
The swing high is the immediate objective, exceeding this level increases the probability of a trend continuation.
Current volume profile is below average, an influx is highly imminent when an expansion occurs.
Overall, in my opinion, ANKRUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“You have power over how you'll respond to uncertainty.”
― Yvan Byeajee
Today’s analysis – ANKRUSDT- trading above its Local S/R where in impulse is probable,
Points to consider,
- Price Action Ranging
- Local S/R Support
(.382 Fibonacci Confluence)
- Swing High Objective
- Low Volume
ANKRUSDT’s immediate price action is ranging above its Local S/R with the that is in confluence with the .382 Fibonacci, allowing for a long bias.
The swing high is the immediate objective, exceeding this level increases the probability of a trend continuation.
Current volume profile is below average, an influx is highly imminent when an expansion occurs.
Overall, in my opinion, ANKRUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“You have power over how you'll respond to uncertainty.”
― Yvan Byeajee
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Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.