#ANKR USDT 1D Chart SIGNAL by @CryptolernersBD ♻️ Entry $0.110 - $0.123. Must Use Stop-Loss. Buy Sell At Your Own Risk.
ANKR has dropped 26% due to the recent ETH correction. A classic cup and handle pattern is now getting formed on one of the Fibonacci support levels. This most likely indicates an upcoming breakout.
Looking at ANKR are on the 4hr chart price has made a large correction form a previous ATH to a fib support area where a clean double bottom has been made, price approached this area structurally with a descending channel with a 123 touch formation, after the third touch price made an impulsive move to the upside and is currently making a flag correction...
ANKRUSDT seems to be forming a Symmetrical Triangle, so waiting for the confirmed breakout.
After closing a candle above the crease line, make as much profit as this beautiful cup. Do not rush, wait a while for the entry point, maybe not.