ANKR can ascend further ! What Shall we Expect ?Hi.
BINANCE:ANKRUSDT
✅Today, I want to analyze ANKR for you in a WEEKLY time frame so that we can have a mid-term view of ANKR regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
We have a Bullish Structure here:
Adam & Eve pattern is completed and broken.
Looking for a breakout and rally📈
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
🟢 Adam & Eve pattern.
🟢 AB=CD.
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Ankr
ANKR//USDT bullish continuation from Bullish OB? 🚀ANKR Analysis💎 Paradisers, keep an eye on #ANKRUSDT as it unfolds an interesting pattern. Currently, the price struggles to surpass its previous peak, hinting at a potential bullish run from the bullish Order Block (OB) level at $0.05089. We're on standby for the right moment before making our move.
💎 Should SEED_DONKEYDAN_MARKET_CAP:ANKR lose steam at the OB level, we're poised for a bullish turnaround from the lower support at $0.04790. This level is ripe with liquidity, marked by previous strong upward movements and significant green candles.
💎 A decline below this secondary support might suggest a trend shift towards bearish territory, accompanied by an uptick in selling pressure. Staying vigilant and flexible is crucial as we monitor #ANKR's market behavior.
3 growth scenarios for ANKORHello everyone!
I suggest you pay attention to #ANKOR. On the daily and weekly timeframes, a inverted head and shoulders pattern has formed. The target level for this pattern is at 0.05$, but there are a few possible price movements.
The first possibility is the price dropping to the nearest strong Fibonacci level of 0.382, from where you can consider opening a position with a target of 0.044$ and a potential profit of 63%.
The second possibility is entering after the price returns to the area above 0.03$, with the same target and a potential profit of 41%.
The third possibility is the completion of the head and shoulders pattern. The target here is 0.05$ with a potential profit of 59%.
This is not financial advice, all actions taken are at your own risk!
#ANKR/USDT
#ANKR
The price has been moving in a bearish flag pattern since July 2022
It was based on a strong support area at 0.01800.
Moving Average 100 was also reviewed.
We are about to break the downtrend of the bearish flag, and therefore we expect the price to rise to the specified areas.
The current price is 0.02670.
First target 0.04000
Second target 0.05400
This represents 250% of the current price.
Pay attention to correction areas.
ANKRUSDT.1DBased on the given market data, ANKR is currently trading at a price of $0.050 against the USDT. The currency's 4-hour Relative Strength Index (RSI) is at 60.34, which indicates a slightly bullish trend. The Moving Average Convergence Divergence (MACD) for the same period is 0.0018, which is also a bullish signal.
The Bollinger Bands (Bb4h) at 0.050 suggest that the price is trading within the expected range. The support levels for the 4-hour time frame are $0.046, $0.039, and $0.032, while resistance levels are at $0.057, $0.060, and $0.068.
For the daily time frame, the RSI is quite high at 81.84, which may indicate an overbought condition, while the MACD is at 0.0058, suggesting a bullish trend. The Bollinger Bands (Bb1d) at 0.052 also indicate that the price is within the expected range. The support levels for the 1-day time frame are $0.038, $0.027, and $0.024, while resistance levels are at $0.057, $0.072, and $0.085.
The 7-day RSI is also high at 81.60, indicating a potentially overbought condition. The MACD for the 7-day time frame is 0.0036, indicating a bullish trend. The Bollinger Bands (Bb7d) at 0.053 indicate that the price is within the expected range. The support levels for the 7-day time frame are $0.028, $0.020, and $0.016, while resistance levels are at $0.058, $0.087, and $0.10.
In conclusion, ANKR is showing bullish signals on the 4-hour, daily, and weekly charts. However, the high RSI on the daily and weekly charts may indicate that the currency is overbought, which may result in a price correction in the near future. As always, it's essential to consider other factors and conduct a comprehensive analysis before making any investment decisions.
$ANKR about to 2x?$ANKR recently broke out of a small timeframe bull pennant and retested previous resistance as support and is now hovering above the support level.
It's giving me the same look as the move that just happened in $AMP.
I'd expect a move higher in the next week or so with resistance at the $.052 level.
ANKR BREAKS OUT! Will it continue or pull back? Please refer back to my first #ANKR setup post to understand this chart better.
After a break out and almost touching the (purple trend line) It has met some resistance along the way which is completely normal. I do like that it is trying to hold support right on top of $0.04855 yellow resistance line. If it pulls back here are some areas I will be watching for.
ANKR LOOKS BULLISH (12H)ANKR appears to be inside a large symmetry.
Now it looks like we are in the middle of a bullish H wave of this symmetry. Because of the breadth of this symmetric pattern, we only discuss the H wave.
While maintaining the green range, it can move towards the red box.
Closing the daily candle below the invalidation level violates the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ANKR/USDT Primed for a Bullish Journey? 👀🚀ANKR Analysis💎 Paradisers, it's time to spotlight #ANKRUSDT, where current trends are hinting at a promising bullish leap from its demand zone.
💎 A closer look at #ANKR's recent movements shows that after facing resistance at the $0.03222 supply zone, it has found support at $0.02143. Currently, as it gains momentum at a slightly higher demand level of $0.02341, there's a strong chance it might surge, potentially breaking past the $0.03222 mark and aiming for the higher supply zone at $0.03790.
💎 As proactive traders, we're always prepared with a plan B. If #ANKR fails to initiate the bullish rise from the $0.02341 level and dips instead, we'll adjust our tactics. Our focus would then shift to expecting a bullish rebound from a deeper demand level at $0.02143. However, a drop below this point could signal a trend towards further downward movements.
ANKR will change every thing Long term push 2025-2026
The long-term analysis of the ANKR token suggests a cautious yet potentially optimistic outlook. According to InvestorPlace, ANKR has shown strong performance and offers standout technology, making it a promising investment for the long term. They highlight its more than 5,000% increase over the past year and its robust technology in decentralized finance and cloud transactions. The platform aims to improve Web3 technologies and democratize the internet. However, the market is subject to fluctuations, and they recommend a cautious approach, especially during market-wide downturns.
MarketBeat notes that ANKR operates on the Ethereum platform and has a total supply of 10 billion tokens. It’s currently trading on several active markets. The platform has seen partnerships with significant blockchains like Binance, Polkadot, and Harmony, contributing to its utility and adoption.
CoinCodex provides a more detailed price prediction for ANKR. They forecast that the⬤
ANKR/USDT probability of bullish move from support?🚀ANKR 💎 Paradisers, take note of the potential opportunity with #ANKRUSDT, which currently shows a heightened probability for a bullish continuation from its support zone.
💎 #ANKR has recently experienced a downturn due to market uncertainties. Currently, it seems poised to regain momentum from the support zone at $0.02134. If the price sustains its momentum above this level, there's a good chance it will initiate a bullish movement, aiming to overcome the substantial resistance at $0.03224.
💎 The ever-evolving cryptocurrency market demands a flexible approach to our trading strategies. If #ANKR encounters difficulties in holding its ground at this support zone, a strategic adjustment might be in order.
💎 Under such circumstances, our Plan B would focus on a bullish push from a lower support level, specifically at $0.02024. It's imperative to stay alert, as a breach of this level could be an early indicator of a trend shift towards bearish territory. 🌴💰
ANKR/USDT Bullish Momentum Coming? 👀🚀ANKR Analysis💎 Paradisers, turn your attention to ANKRUSDT as it displays a fascinating market trend. ANKR is currently approaching a critical resistance level at $0.0306, which could be pivotal for its future market direction.
💎 Should Ankr successfully break through this significant resistance, it could initiate a notable bullish trend. This possibility indicates a strong upward potential, especially if the price sustains its momentum above this key level.
💎 Conversely, if ANKR is unable to break through this resistance, we might witness a bullish revival from a lower support level at $0.0244. Such a scenario would suggest a need to shift strategies, possibly focusing on a rebound from this alternative support point.
💎 The situation intensifies if #ANKR falls below the $0.0244 support. A drop past this level could shift the market sentiment towards bearish, possibly leading to a more pronounced downward trend.
💎 Stay alert and strategically astute, Paradisers. Your ParadiseTeam is on hand, providing the latest insights to help you navigate these potential market changes, ensuring you make the best trading decisions.
ANKR#ANKR
Hight probably that we will see similar move as it did before (look at blue box on the chart) and will reject from 0.04923$ level (n. 1) since so far it couldn’t break through already for 2 times. And last time this level was standing as support (look at blue circles)
After that we may expect that the price will come to another local support (green line) or 0.04003$ where it may bounce back and continue its uptrend. (n.2)
N.3 plays out only if the coin after rejection at 0.04923$ level, breaks below the green line in this case 0.033$ and the blue support line may stand as another possibility of the uptrend.
#ANKR/USDT#ANKR
The price has been moving in a bearish flag since April 2022
The downtrend has been broken
The moving average was also broken above 100
We also have oversold conditions on the MACD
Current price 0.02563
First target 0.03888
Second goal 0.05686
Which represents 200% of the current price
You should pay attention to the retracement areas as shown on the analysis
ANKR/USDT Bullish Prospects Amid Resistance Rejection? 👀 ANKR💎 Paradisers, take a moment to observe ANKRUSDT's current market behavior, as it encounters resistance and gears up for a potential bullish shift from its demand zone.
💎 Historically, ANKRUSDT has shown a consistent pattern of breaking its descending trendline, leading to an upward trajectory. Currently, after facing rejection at the resistance level of .2657, there's a strong likelihood of a bullish move initiating from the demand level at .2428.
💎 Should ANKRUSDT falter in sustaining its upward momentum, the next probable strategy would be to seek a bullish continuation from the support level of .2067. However, a break below this level could lead to a significant bearish downturn.