ANKR/BTC (Potential Bullish Pattern?)

20 Ağu 2020

ANKR/BTC

-The short term trend is down
-The price is making a series of lower highs & lows
-But this pattern is Bullish on the technical side
-ANKR bounce off at 100ma support and 0.5 Fib level
-This is a sign of strength which could lead to a potential breakout
-Conservative traders will wait for the confirmation break
-While aggressive traders will enter on support retest
-It all depends on your risk appetite on the market
-My only advice is to use a proper stop loss area
-And always follow your trading plan