We are Bearish on Ankr Protocol, 
ANKR, since early April, but wow, the allies that this project is bringing on board is amazing!
To name a few in no particular order of greatness; Solana
SOL, Binance Coin 
BNB, Ethereum 
ETH, Syscoin 
SYS, Matic Network 
MATIC, Near Protocol 
NEAR, and IoTex 
IOTX. We will name a few more; Avalanche 
AVAX, Polkadot 
DOT and Kusama 
KSM.
And today they announced that Tron
TRX will partner with ANKR to improve access to their Web 3.0 infrastructure.
The founding team and fundamentals look amazing for this project and here is our current technical analysis; the Horizontal Resistance Line at ($0.105) could not be broken and the Horizontal Support Line at ($0.077) was shattered and the price drop continued all the way down to ($0.035). The Daily Uptrend Line has also been broken, the Weekly Downtrend couldn't be reclaimed, and we are kind of in limbo between these two softer Resistance and Support Lines. We are down over 75% since the All Time High in April of 2021. The Weekly Downtrend Line, unfortunately (or fortunately) has a triangle formation at the ($0.02625) Support Area (not visible on this chart). Not Financial Advice...Trade with Confidence and Control.
ANKR, since early April, but wow, the allies that this project is bringing on board is amazing! To name a few in no particular order of greatness; Solana
SOL, Binance Coin BNB, Ethereum ETH, Syscoin SYS, Matic Network MATIC, Near Protocol NEAR, and IoTex IOTX. We will name a few more; Avalanche AVAX, Polkadot DOT and Kusama KSM. And today they announced that Tron
TRX will partner with ANKR to improve access to their Web 3.0 infrastructure.The founding team and fundamentals look amazing for this project and here is our current technical analysis; the Horizontal Resistance Line at ($0.105) could not be broken and the Horizontal Support Line at ($0.077) was shattered and the price drop continued all the way down to ($0.035). The Daily Uptrend Line has also been broken, the Weekly Downtrend couldn't be reclaimed, and we are kind of in limbo between these two softer Resistance and Support Lines. We are down over 75% since the All Time High in April of 2021. The Weekly Downtrend Line, unfortunately (or fortunately) has a triangle formation at the ($0.02625) Support Area (not visible on this chart). Not Financial Advice...Trade with Confidence and Control.
The future of currency and technical trading is here!
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
Related publications
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.
The future of currency and technical trading is here!
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
Related publications
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.