Ankr Network Full Chart Analysis

30 Jun 2020

Today, Ankr Network (ANKRBTC) hit the mid-February high/peak, there is room for more.

Here we have a potential double top forming but also a bullish ascending channel.

Strong resistance is being faced right now and 40 satoshis (0.00000040) is the next challenge.

• If this level is conquered, prices moving, and closing above it, we can easily see additional growth (zoom out for more targets).
  
  
• But if ANKRBTC fails to conquer this level, we will see a drop like last time (red arrow).
  
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    Seeing how all the other altcoins are doing, there is good potential to see more up. This is a tricky spot though, make sure to have a plan (and very tight stop-loss) before you trade.
    
    This is not financial advice.
    
    Thanks a lot for your support.
    
    Namaste.
    
    Previous chart | Perfect hit May 5th