$ANKR - Flat season is upon us...
This is the most bearish count I could find on ANKR. The point of this exercise is to see how much pain this coin can sustain. And while there is a case for the coin going below $0.05, I don't think we're at that point yet.
On high timeframes, this coin is printing a beautiful flat. It can certainly break out of that pattern, but this would require some extremely bullish movement. With Bitcoin battling to reclaim 52k, I don't think this is possible right now.
Happy and safe trading to all.
On high timeframes, this coin is printing a beautiful flat. It can certainly break out of that pattern, but this would require some extremely bullish movement. With Bitcoin battling to reclaim 52k, I don't think this is possible right now.
Happy and safe trading to all.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.