ANKRUSD tested today Resistance A (0.05800) which was the High point on August 11th 2022. This gap is now filled. Since may the price has been consolidating inside this extremely long Accumulation Zone, which shows that the market has bottomed and investors are buying in preparation of the new Bull market.
In August the price pulled back to the MA50 1D, so if we don't close the gap above Resistance A, buy on the next pull-back, as close to the MA50 1D as possible. The RSI 1D Bull Flag that broke upwards ensures the long term continuation of the trend as it comes in contrast with the August RSI decline. Our Target is 0.0800 (below Resistance B) by June.
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In August the price pulled back to the MA50 1D, so if we don't close the gap above Resistance A, buy on the next pull-back, as close to the MA50 1D as possible. The RSI 1D Bull Flag that broke upwards ensures the long term continuation of the trend as it comes in contrast with the August RSI decline. Our Target is 0.0800 (below Resistance B) by June.
Follow us, like the idea and leave a comment below!!
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