фото показано с : invezz.com
2021-10-26 16:03 |
Akro (AKRO/USD) has given a long-awaited breakout on Monday, with a similar structure to Link (LINK/USD) and Matic ( MATIC/USD) will Akro be able to give huge moves as well?
A look at this year’s charts-
Akro had formed a reverse head and shoulder pattern in October and has also given a breakout from the pattern which is a bullish signal for investors.It has also seen some huge volumes which is suggesting that is not a false breakout.The RSI has been consistently increasing and no bearish divergences can be seen, suggesting that the trend should be continuing.After a breakout on Saturday, Akro has already retested the trendline and is now starting a potential rally.A long can be taken once Akro crosses $0.03660, targets can be set at $0.0457 followed by $0.0674 and even a potential new all-time high for investors who want to hold for a longer time.A stop-loss can be maintained at $0.0265.A closer look at the charts on Monday-
Akro was in a strong uptrend on Monday and a continuation is expected as there are no RSI divergences.Once a breakout is seen from the trendline above $0.038, a strong upmove can be expected. ConclusionAkro is looking very bullish for the coming weeks and a long entry could be taken with some huge targets set, however, a stop loss also must be maintained. After several confirmations and bullish patterns, Akro should hit the targets in the coming weeks and months.
The post Should you buy Akro after its breakout? appeared first on Invezz.
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Akropolis (AKRO) на Currencies.ru
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