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Bob_Van_Horne
Aug 14, 2021 12:02 AM

ANKR Closes Above Key Month Long Level of Resistance on Daily Ch Long

Ankr / US DollarBinance

Description

ANKR has finally closed above a key level of resistance on the daily chart. This is most likely a signal that bullish prices are in the future. Only level of resistance left to tackle is the 20 week SMA. Will update this idea as time goes on.

Comment

ANKR's current price as I write this update is $0.107 which is above the 0.1062 level that I have drawn out. This level is a key area of resistance on the monthly chart as it is where the month of June's price open was before it descended to its local low.

IF we can close above this level for the month of August the bull train will still keep chugging.
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