Since it's inception on the Binance exchange, ANKR has been trading in a strong uptrend. During this process it as drawn a clear ascending wedge on the chart.
With the price currently residing near the bottom of the pattern, there's a high probability that ANKR will reverse from here and see more bullish pressure in the near future. Wait for a bounce before entering the trade.
Target would be the top resistance of the pattern.
Happy trading!
With the price currently residing near the bottom of the pattern, there's a high probability that ANKR will reverse from here and see more bullish pressure in the near future. Wait for a bounce before entering the trade.
Target would be the top resistance of the pattern.
Happy trading!
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