This idea shows where we are as of 04/13/21 in regard to ANKR. We are nearing the end of a descending wedge and I have outlined what we will be seeing for price action if we breakout above or below. If we go down, I see the opportunity for us to create a handle and accumulate heavy volume to launch us upwards. If we break upwards I expect us to reach the resistance levels in red and hopefully turn them into support. RSI (not shown on this chart) is sitting at just about the same level where we started our initial uptrend on the daily. I am also keeping a close eye on our MACD. I expect us to have a cross coming soon.
Please like, comment and follow if you like the idea.
I am NOT a financial advisor and this is NOT financial advice.
Always use proper risk management and due your own due diligence as this market is extremely volatile.
Thanks!
Please like, comment and follow if you like the idea.
I am NOT a financial advisor and this is NOT financial advice.
Always use proper risk management and due your own due diligence as this market is extremely volatile.
Thanks!
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.