ANKR try to break out#ANKRUSDT
$ANKR broke out from long term descending resistance and confirmed it as support near the long term ascending support. now with price increase we can see another attempt to break out. RSI and MACD support the bullish trend, price have to stay above $0.083 to increase more.
Ankr
Matic- Heading back to ATHHello,
Today I have averaged my holdings during the dip back to support.
I have bought more Matic on the principle I believe the price will reach the ATH again during this cycle.
I will be swing-trading along the way selling 33% of the holdings at each resistance with the idea of buying back at support. This way I can accumulate more Matic while protecting my capital.
First target- 1.632
Second target- 2.448
Good luck if you join
ANKR- First buy Hello,
Today during the dip back to support I purchased my first bag of ANKR with the purpose of selling 50% at each resistance on the way back up to all time highs.
If the price pushes through resistance with ease, I will be monitoring the price with a tight SL.
Entry- 0.08920
First Target- 0.12530
Second Target- 0.19196
Good luck if you join
ANKRUSDT Technical Analysis
⏳ Spot
💎 ANKRUSDT has formed a symmetrical triangle and the price has got several rejection from the green rectangle . The support line of the triangle has been pushing the price higher. The price should break above the triangle and go higher.
🏁 Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.09800
☕️ TP1 0.18000
🍺 TP2 0.07000
🍻 TP3 _______
🍾 TP4 _______
🍷 TP5 _______
🍸 TP6 _______
🍹 TP7 _______
🎁 TP8 _______
🚫 SL 0.04800
Good Luck 🎲
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ANKRUSDT🌟ANKR is currently in a bearish state in lower time frames but if you check it you will see the power of bears are getting weaker and weaker over time and that can turn us back into the bullish cycle
🌟we don't hesitate to enter position as our exit point is even more important compare to our entry point in profit rate
🌟we will soon face a higher ATR from this coin and make profit in our favor from it
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Don´t expect fast moves until mid OctoberLooking at the 2013 past cycle (which had a similar behavior of this year cycle) we can see that we moved explosively in the last 4 weeks before ATH.
And that could happen this time as well, with BTC lateralizing for 1-2 Months before breaking 64k and reaching the top of the cycle.
In the meanwhile, strong altcoin projects can increase in value compared to BTC, so think wisely in which projects you are investing.
My top projects are: ADA, DOT, SOL, AVAX, LINK.
My small cap choices are: VET, ANKR, COTI, GRT, KMD, KSM, SRM, THETA, OGN.
And I don´t like XRP but I have 1000$ that I bought at 1$ for speculation only!
Check my BTC Dominance analysis below.
ANKR - potential trade 🚀🚀After bitcoin and all altcoins corrected, the market is in a state of consolidation, which is quite normal. Usually, after a strong move, the market needs at least a few days to go up or down again.
Many coins are now forming Long patterns.
- Accumulation
- Compression
- Higher lows
- Massive drop
- Large number of liquidations
- Global uptrend
All indications point to an uptrend. Best buying opportunity after breakdown and retest of key level as support.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade, a breakdown of this trend line will be the best point to buy.
ANKR Half-staff flag 29/08/2021Flag characteristics:
The flag is currently longer than the traditional 3 weeks however this market is open 24/7, therefore I have factored weekends into the timeframe of the pattern, making this one still inside the limit.
This is more likely a flag than a channel as the run up previous was steep/quick and could be considered a flagpole.
Price has mostly moved within the two parallel lines.
Volume trending downwards through the flag.
Measured price target shown as ~$0.15 (58.89%).
Other technicals:
RSI trending in the bullish control zone, with hidden bullish divergence showing.
Bollinger bands contracted with price holding support, and are showing beginning signs of expansion with price trending in the upper half and with a successful daily close above the top band.
Volume profile shows POC just above the measured price target.
Price has already wicked above resistances provided from the highs in late May/June. Breaking above now would be a good sign of a move to the next resistance.
We are sitting on top of the Monthly Camarilla R4.
Support was made on the POC inside in the flag.
General volume has seen a significant increase since the June/July lows.
Traditionally, the entry is a stop on the break or on a close above the top trendline. A bounce of the bottom trendline would also provide a good entry, with an even tigher SL (below the previous lows of the flag). Can also look for a bounce off the BB/flag median as entry, if caught on time.
Have plotted potential resistances from highs with green horizontal rays (can be TP levels), and also an invalidation/SL price to the downside with a horizontal red ray.
$ANKRUSDT EW count looking very promising . $ANKR $BTC$ANKRUSDT EW count looking very promising . $ANKR $BTC
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Technology Overview
Ankr provides a computation-resource-efficient blockchain and an integrated data feed system leveraging both cryptographic primitives and trusted hardware
Proof of Useful Work
The Proof of Useful Work (PoUW) consensus enables a self-sustainable blockchain framework. Instead of wasting electricity and computing power on hashes like Bitcoin does, PoUW uses these resources towards useful work tasks provided by enterprises and consumers. The protocol runs on SGX-enabled CPUs with remote attestation to ensure security and confidentiality. The novel PoUW approach unlocks the massive potential of idle computing power around the world by providing enough incentives: in this scheme, every computation contributor gets compensated, and some will get the extra reward for generating the blocks. In the future, this mining scheme can promote Universal Basic Income (UBI).
Plasma Sidechains
The Multi-chain Plasma implementation allows different applications to handle application-specific smart contracts on individual side chains, preventing transactions from overloading the PoUW-based main chain.
Native Oracle Service
Native Oracle Service (NOS) provides authenticated data feed by leveraging both cryptographic primitives and the trusted execution environment (TEE). Through a standardized API to port data from existing websites, NOS enables simple real-world business adoption
Ankor ANKRUSD Hello Traders,
Ankr originates as a solution that utilizes shared resources in order to provide easy and affordable blockchain node hosting solutions. It was founded in November in 2017 and during its time on the market, it has built a marketplace for container-based cloud services through the usage of shared resources.
This in turn provides developers and enterprise clients with the ability to easily deploy blockchain nodes at a much cheaper price when compared to public cloud providers.
As such, hosting blockchain nodes on Ankr take away any centralization issues and single point of failure.
Furthermore, public blockchains are able to engage in communities and provide further assistance to their networks. Ankr aims to build an infrastructure platform and marketplace for Web3-stack deployment to enable resource providers as well as end-users to connect to blockchain technologies and DeFi applications.
Note that the Ankr proprietary cloud infrastructure operates independently when we compare it to public cloud providers, and that it is completely powered through geographically distributed datacenters to increase its stability and resilience levels.
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ANKR/USDT - Potential 93% investment setupHello Traders!
ANKR corrected the fall to the price levels at the end of May of this year.
On the daily timeframe, price is supported by MA100, RSI indicator is in the bullish zone.
Buying in the middle term can be considered with a correction in two ranges:
The first part in the range of $0.09270 - $0.10375
The second part in the range of $0.07240 - $0.08380.
Stop loss on fixing under the $0.05900 price level
The targets for buying will be levels:
$0,12400
$0,14800
$0,16300
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice