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Ankr Network Full Chart Analysis

BINANCE:ANKRBTC   Ankr / Bitcoin
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
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Comments

Nice chart, cool colours green and purple!
Reply
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