$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.
Penafian
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