ANKR looks strong despite the market decline. price broke out above a large cup and handle on the daily timeframe and currently made a nice correction to retest previous resistance as new support in confluence with the 0.618 fibonacci. On the 4hr timeframe if price closes back above this horizontal resistance and back above the EMA's we will open leverage long on the retest of this zone. Remember we have to first see a 4HR CLOSE above this zone to validate this setup.
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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.