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Technical analysis by Punkd about Symbol AKRO: Buy recommendation (10/11/2021)

https://sahmeto.com/message/2718857
Punkd
Punkd
Rank: 13640
1.5

Thoughts on AKRO

:Buy
Price at Publish Time:
$0.027779
Buy،Technical،Punkd

I believe AKRO is forming a !head & shoulders patterns. Few more days to form the right shoulder which will give the rsi to cool off too. This, once completed, will give AKRO the boost it needs to break out of the dotted downtrend. 1.618 target for top of cycle. Risky/max buy in pink box. Safe to wait for the pattern to complete then buy. DYOR.Target hit, trade opened in the pink box around 0.0027

Source Message: TradingView
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