Anchor Coin , The reliable saving protocol.

in #anchor3 years ago

This coin is up more than five percent so far at the time of recording with a significant increase in volume here and this analysis some levels and patterns to trade by looking at the weekly chart right here

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and as you can see this is a support area right here at around 1.63 dollar level you can see multiple swing points are lining up right here and let me also mark the resistance level on the weekly chart right here at around three

dollar level you can see a nice resistance area right here let's move down to the daily chart to analyze this further and i can see the trend is down right here because of lower lows and lower highs and it seems like we are at

the top of the range and hitting a resistance area right here somewhere let me mark this level here as well so you can see this area at around 2.30 level is a nice support and resistance area right here and we have already

seen a price rejecting from this level right here if you guys still want to buy this coin based on your own reasons then let me go to the 4r chart to give you some micro levels right here this is the level at around 1.85 if the

price comes down here at around 1.85 or 1.60 then this will present you a nice buying opportunity not a financial advice so if you guys buy from here then the target will be the next resistance that will give you around 26

gains here and if the price comes here then your target would be right here and that will give you around 14 percent gains here and if the momentum picks up from here then you can target this level at around 2.34 and that will

give you around 42 percent gains here so on anchor protocol and see coin you have three scenarios right now in front of you one could give you around 26 percent gains 13 percent gains and 42 percent gains.

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