Ankr Network Full Chart Analysis

Today, Ankr Network (ANKRBTC) hit the mid-February high/peak, there is room for more.

Here we have a potential double top forming but also a bullish ascending channel.

Strong resistance is being faced right now and 40 satoshis (0.00000040) is the next challenge.

If this level is conquered, prices moving, and closing above it, we can easily see additional growth (zoom out for more targets).
But if ANKRBTC fails to conquer this level, we will see a drop like last time (red arrow).
- Seeing how all the other altcoins are doing, there is good potential to see more up. This is a tricky spot though, make sure to have a plan (and very tight stop-loss) before you trade.
  
  This is not financial advice.
  
  Thanks a lot for your support.
  
  Namaste.
  
  Previous chart | Perfect hit May 5th

AlanSantana

🔝 Daily Cryptocurrency Technical Analysis
followalan.com

🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)

🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com

Also on:

Related publications

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.