Akropolis / BitcoinShort
I was asked to redo an analysis of AKRO
Updated
I am bearish on Akro but if you like the coin and still want to buy it I would look to buy at an area of value like the 100 or 200 day EMA. The other option I could see happening is that I'm wrong and it turns to the positive. I would wait for a full daily candle to form and close above the 20 Day EMA before buying in that case.
Note
On the chart it should say broke 20 Day EMA instead of 50.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.