Ankr / TetherUSLong
ANKR/USDT { ANKR } - BULLISH SETUP
ANALYSIS 🔎
- ANKR/USDT brokeout above the symmetrical triangle's inclined resistance as expected from my previous analysis.
- The market hit a swing high.
- It's currently undergoing retracement.
- Price is testing the symmetrical triangle's inclined resistance + horizontal support level + key fibonacci retracement zone (0.618 - 0.702 - 0.786).
- This is your buy zone.
BUY ENTRY ⬆️
- Current market price.
TARGETS 🎯
- Horizontal resistance level (@0.16400).
- Horizontal resistance level (@0.18206).
- Horizontal resistance level (@0.21662).
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.
- ANKR/USDT brokeout above the symmetrical triangle's inclined resistance as expected from my previous analysis.
- The market hit a swing high.
- It's currently undergoing retracement.
- Price is testing the symmetrical triangle's inclined resistance + horizontal support level + key fibonacci retracement zone (0.618 - 0.702 - 0.786).
- This is your buy zone.
BUY ENTRY ⬆️
- Current market price.
TARGETS 🎯
- Horizontal resistance level (@0.16400).
- Horizontal resistance level (@0.18206).
- Horizontal resistance level (@0.21662).
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.
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