Ankrbitcoin
ANKR/BTC (Potential Bullish Pattern?)ANKR/BTC
-The short term trend is down
-The price is making a series of lower highs & lows
-But this pattern is Bullish on the technical side
-ANKR bounce off at 100ma support and 0.5 Fib level
-This is a sign of strength which could lead to a potential breakout
-Conservative traders will wait for the confirmation break
-While aggressive traders will enter on support retest
-It all depends on your risk appetite on the market
-My only advice is to use a proper stop loss area
-And always follow your trading plan
ANKR/USDT (Break another Higher?)ANKR/USDT
-a bullish break above the flat area of resistance
-confirmed old resistance now turned new support
-currently confirming if immediate support will hold
-if we see a break of minor resist at 0.00223
-I expect a breakout continue is highly probable
-upside target is the recent top at 0.004166
#ANKR BTC Prepare to explodeAbout #Ankr
Ankr Network aims to establish a more open cloud ecosystem by building a distributed computing platform that could leverage idle computing resources in an efficient marketplace. Noting high margins earned by tech giants involved in the cloud computing industry, the team behind Ankr Network believes there should be a way for researchers, students and startups to access affordable cloud computing in a way that is not centralized.
Buy when the price breaks through the resistance
ANKR/BTC (Holding Critical Support)ANKR/BTC
-still holding key support at 19-17s
-the pattern is forming a descending triangle
-20ma and 50ma acting as a dynamic resistance
-if you are going to enter a long position
-have stoploss below the previous wick at 16s
-the technical side is still bearish
-must break above 50ma to confirm bullish presents
ANKRBTC hits resistance of wedge | Upto 23% short opportunityThe priceline of Ankr / Bitcoin is moving within a falling wedge and has hit the wedge's resistance and also 100 simple moving average resistance and likely to fail in breakout.
MACD turned weak bullish from strong bullish soon it will be turned strong bearish.
Stochastic has given bear cross.
We can buy back from the support of wedge however I will post a buy back plan soon insha Allah.
Regards,
Atif Akbar (moon333)