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neverovv
Feb 21, 2024 12:11 PM

3 growth scenarios for ANKOR Long

Ankr / TetherUSBinance

Description

Hello everyone!

I suggest you pay attention to #ANKOR. On the daily and weekly timeframes, a inverted head and shoulders pattern has formed. The target level for this pattern is at 0.05$, but there are a few possible price movements.

The first possibility is the price dropping to the nearest strong Fibonacci level of 0.382, from where you can consider opening a position with a target of 0.044$ and a potential profit of 63%.

The second possibility is entering after the price returns to the area above 0.03$, with the same target and a potential profit of 41%.

The third possibility is the completion of the head and shoulders pattern. The target here is 0.05$ with a potential profit of 59%.

This is not financial advice, all actions taken are at your own risk!

Trade closed: target reached

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