Long
ANKRBNB 1D Long - On a bullrun
An idea of $BINANCE:ANKRBNB's next steps.
Note
W - Weekly time frameCorrelation (looking back)
The RSI shows that there was a strong moment of being overbought before the drop happened.
Both the RSI and the Stochastic show a divergence, which actually was a signal of this steep drop.
Stochastics
Stochastics move somewhat like sinussus, it goes up and down when the units are overbought or oversold.
Confirmation 1: The %D line (orange) is clearly crossing and going underneath the %K (blue line), which is a buy signal in general.
Confirmation 2: Stochastics are still relatively low (25 or so) which gives us a buy signal as well.
RSI
Confirmation: The RSI shows a tiny blue line favoring a starting uptrend, a buy signal.
Trade active
24th of november 2020Timestamp: 2020-11-24 14:07:16 UTC+1
Price: 0.0002997
Amount: 1,007
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.