NKRUSDT Collaboration with major player, technical signals LONG

Hi traders,

This analysis is my first for a crypto market for a long time since I am quite bearish on the whole market at the moment but I have decided to invest today in ANKR despite looking at the project, noticing the rising volume and seeing the chart I think it will go back to 0.18 USDT at least

I have my s/l for the position just below 0.39 and will reopen when I see the market action but right now I think it's time for the price to hit higher barriers since the collaboration with Microsoft has been announced and correction is happening hitting resistance levels

Also, see the 200 EMA on a daily chart- this is early signal of the trend change, anyway, have your s/l in place if you want to copy my trade and remember this is not a trading advise this is just an idea

Comment:

s/l below 0.039 not 0.39 sorry

Trade closed: stop reached