Ankr Network (ARNKBTC) has gone through the cup pattern, which is the pattern the altcoins bots are printing to signal a low.
We recently had a rejection after hitting EMA50 (0.00000035) but now this level is being challenged again.
Here I mapped for you the bullish path for this altcoin pair.
Above EMA50, we go straight up and can easily see ANKR grow by 115%+.
If EMA50 can't be broken, we remain bullish and strong, but we would see a drop below support before any additional up (second green arrow)... This is how it goes.
The red dashed-line at the bottom is where we set our stop-loss.
Namaste.
ملاحظة
This one is doing pretty good... Going straight up.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.