ANKRUSDT Short

As we can see in the chart there is a strong resistance level in this area which price has reactioned multiple times before which right now happens to be where EMA50 is placed too which makes it even a stronger resistance. A false breakout happened but since price action is showing it has lost momentum and in shorter timeframe's uptrend we are getting lower lows and breaking the trendline which creates a short opportunity for us.
ANKRUSDTankrusdtshortChart PatternsTechnical IndicatorsTrend Analysis

Disclaimer