ANKR has strong support at the .236 fib level ($.14). If ANKR is able to hold above the .382 fib level ($.15 - $.16) then I believe it will head up to its previous ATH of around $.21.
Once previous ATH is broken, ANKR enters price discovery mode. Next major target above that would be the 1.618 fib level ($.28).
This is not financial advice. These are just my ideas and opinions.
Once previous ATH is broken, ANKR enters price discovery mode. Next major target above that would be the 1.618 fib level ($.28).
This is not financial advice. These are just my ideas and opinions.
Comment:
ANKR might re-test the .236 fib at around $.14. If that doesn't hold as support, this idea is cancelled. If it does hold above and we continue upward momentum, I could definitely see big moves coming (possible inverse H&S pattern).
Comment:
ANKR is still moving sideways a bit. Once it passes and holds above the $.16 - $.17 area then I'd expect further momentum upward.