Heatrading

ANKR strong bullish potential

Long
Heatrading Updated   
BINANCE:ANKRUSD   Ankr
ANKR had 2 consolidation phases with the 1st one end of last year and the second one currently since April.

Prices tend to the end of this consolidation but nothing is confirmed yet. MACD daily turned green and some bullish volumes are coming in. Between current price and 8ct area should be seen as a buying opportunity to target 20ct as 1st (In breakout is confirm others target are higher).

Game of patience but when it will break higher the move should be strong to ride.
Comment:
ANKR MACD in H1 turned red but H2, H3 & H4 still in red, prices can retrace to 9.3ct area before going higher. Let's see how support plays out and when MACD will start to move back in green.

Trying a line long here wouldn't be a bad idea imo.
Comment:
MACD in H1 turned green and H2 as well, H3 not far of. Prices could accelerate into 10.7ct. If bought yesterday, we can add a line there.

Nothing more to do, let's see if prices goes higher today.

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