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.
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This one is doing pretty good... Going straight up.