Price: 0.02056 | EMA7: 0.02 | EMA25: 0.02 | RSI14: 73.97 | Resistance: 0.02064 | Support: 0.01711 | Average Volume: 3477126.9 | Volume Trend: Increasing
Based on the 1-hour chart provided, the key levels for ANKRUSDT are as follows:
1. Price: 0.02056
2. EMA7: 0.020391076279381
3. EMA25: 0.019807515049531
4. RSI14: 73.970717954201
5. MACD: 0.00044889351602927
6. Resistance: 0.02064
7. Support: 0.01711
8. Average Volume: 347,712.6896 (Million USDT)
9. Volume Trend: Increasing
Advice:
1. Long Entry: Consider entering the Long position at or above the resistance level of 0.02064, with a stop loss below 0.01930, ensuring a reasonable risk-reward ratio.
2. Short Entry: Enter the Short position at or below the support level of 0.01711, with a stop loss above 0.01834, ensuring a reasonable risk-reward ratio.
Keep in mind that technical analysis is not the only factor to consider when making trading decisions. Always ensure you have a thorough understanding of market conditions, fundamental aspects of the project/coin, and align your trading efforts with your overall investment strategy. Good luck with your trading!