Ankr
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
Ankr strives to build a resource efficient blockchain framework that truly enables Distributed Cloud Computing (DCC) and provides user-friendly infrastucture for business applications. There are indeed existing cloud solutions, but Ankr is the first one to leverage both blockchain and trusted hardware.
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.
Post your idea/analysis below for discussion.
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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
ANKRUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in daily time frame. As you can see, the price is fluctuating within a triangle. We intend that if the triangle breaks from the top and stabilizes, we can buy and it will touch our target over time. But if it penetrates downwards from inside the triangle, it can move towards our support line.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
ANKR coming back?Not a Financial advisor.
ANKRs previous high is .21. In the coming weeks I believe we can retest that.
Standard flag measurement gives me the pt of .30
MA's looking to cross over the next few weeks, as long as we see a break of resistance in the coming days.
RSI is at 53 on the weekly. Stoch is perking up an awaiting further action to the upside.
Momentum is returning after being killed off on the pullback from the previous run. I suspect that we will see a a pop & retest of support. Then Momentum will kick up as a run gets underway.
My eyes are returning here.
.30cents should be doable before December. However, trades can fail & I'm not an advisor, just showing my idea.
ANKR 6.72 RRTook a way too speculative trade a couple of days earlier and lost it.
Took a deeper look at ankr and the way it moves up it does it through bull flag like behaviour. If this is the case right now then Ankr has done it 3 waves inside the flag. Time to break it. Took a look on btc pair and it suggests that at least a counter move up is incoming which should be enough to get to the other side of neckline. Target ir HS my fibs are saying there is a confluence as well. VPB suggest if we get it up and running it might run to the target pretty fast as there is just air between neck and target. Normally I wouldnt take this but BTC D chart kinda gives us a hint that alts will keep running in the near future. A bet more about alts will run in general.
ANKR Closes Above Key Month Long Level of Resistance on Daily ChANKR has finally closed above a key level of resistance on the daily chart. This is most likely a signal that bullish prices are in the future. Only level of resistance left to tackle is the 20 week SMA. Will update this idea as time goes on.
Ankr/Usdt long term as we see we break above the ema ribbon and we are staying above it and we expecting a macd bullish crossover " the last time we had one it pulled a +x10 move" and we bottomed in the stoch rsi and that means that we are oversold
for me i expect for ankr/usdt to break the resistance and make an new all time high and pull a x10 move
ANKR/BTC buy opportunityHi followers,
ANKRBTC Formed beautiful double bottom, which followed by structure breakout with higher low.
We may be ready for the next big move up, let me know what do you think?
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!