This morning, ANKR has finally breached the previous all time high resistance after four days of consolidation around the resistance. In the end, it was only a matter of time.
Now that we have a convincing break out on our hands, we can trade into that direction. Please wait for the daily candle to close above the resistance before entering a trade.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on round numbers, $0.25 and $0.30 respectively. Do your own due diligence.
Happy trading!