FieryTrading

๐Ÿ”ฅ ANT Getting Ready For A Second Round

๋กฑ
BINANCE:ANTUSDT   None
ANT has seen a massive increase in value over the past few days. After failing to beat the local resistance of $6, a minor sell-off has occurred. Looking at price action, volume is flowing in and bars are getting bigger. This is for me an indication that ANT might be loading up again for a new bullish push towards the $6 level.

Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.

On the chart Iโ€™ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.

Happy trading!


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