AKRO has been trading in this channel for around four months now. During the most recent BTC sell-off, AKRO found a strong support at the lower trend line of the channel.
Potential long term target would be the channel resistance.
Long and short AKRO/USDT
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea...
We are back we another divergence. Our currency showed bearish divergence and dipped down 50%
But our long term Bullish trend line managed to hold as support and carry the price up for the time being.
Right now further clarifications are needed assuming we are going to long this
AKRO sure looks like it's consolidating.
But it can go either way. I'm saying this because there is a high sell volume on this coin's market right now.
Now take a look at the chart: if the price pushed down the Bollinger Bands and crossed over the support line, then open your short positions. If the price pushed up the Bollinger Bands and crossed over the...
After breaking out from the bullish triangle, it appears that AKRO is consolidating around the triangle resistance. I'm expecting AKRO to resume its bullish push upward very soon, especially when looking at the current state of the crypto market.
Be aware that inside this triangle, there's also a channel, the top resistance of said channel might very well limit...