AKRO Flashes Two Bearish Signals On The Daily Chart 🚨
AKRO flashed bearish trade signals in two consecutive days.
1️⃣ Yesterday, we saw a bearish Ichimoku signal — known for its high reliability. The signal indicated a profit potential of ~30%.
2️⃣ Today, AKRO added a bearish MACD crossover on the daily chart. Moreover, based on backtests, the MACD on the 1D charts shows excellent win rates — even for profits above 10%.
Therefore, a short position seems plausible.
When looking at the chart, two options stand out:
AKRO currently trades at 0.005, up 3%. The token has two support lines, at 0.0045 and 0.0034. The lower support line corresponds to the 30% profit potential.
Option 1️⃣: Wait with an entry until the price breaks below support at 0.0045 and open a short towards 0.0034. This is the safer approach, but it yields fewer profits.
Option 2️⃣: Open a short right now and set a first take profit at 0.0045. Based on the current market, this seems more risky.
