Bullish LONG Term

The price of ANKR Coin has been hovering around 12.5+ to 20.2+ cents for a period of 30 days.
Point A to B - 3 days(Up)
Point B to C - 11 days(Down)
Point C to D - 7 days (Up)
Point D to E - 9 days(Down)
Total Days- 30 days.
As Far my analysis goes, this coin has been consolidating during this time period. It has a max supply of 10 billion out of which around 7 billion in circulation.
Looks like to me, the Downward Channel is broken within the consolidating channel and moving towards the R. A break in R could result in higher price of this coin and many more buyers could step in and drive the price higher and Vice Versa. A bag holder of 40k as of Now.
This is not a financial advice. Set up your Stop Loss and Stop being greedy. Take Profits along the way. GOOD LUCK!
Chart PatternsTrend Analysis

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