ANKRBTC
ANKRUSDT (ANKR) - POTENTIAL BREAKOUT ANALYSIS 🔎
- ANKRUSDT is printing a falling wedge pattern.
- This is reversal pattern.
- A bullish pattern to be precise.
- There's an upward breakout potential.
BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance.
TARGETS 🎯
- Horizontal resistance levels (R1, R2).
SETUP INVALIDATION ❌
- Breakdown below the falling wedge's support.
Soon ! ANKR listing on Coinbase !Possible huge uptrend on ANKR/BTC pair after a breakout and a retest for the big downtrend !
ANKR will be listed soon on Coinbase exchange ! The biggest Exchange in Crypto market ..
Get ready to visit the moon soon !
Amazing buying area now between 34 and 37 with:
TP1: 41 sat
TP2:61 sat
TP3: 92 sat
TP4: 113 sat
TP5: 140 sat
And it will make a new ATH on midterm TP6: 176 sat !
Don't forget your SL between 31 and 29 sat !
Get ready to visit the moon soon !
Fundamentals are coming Strong !
$ANKR/BTC 4h (Binance Spot) Falling wedge breakout#Ankr is on historical support and breaking out that bullish wedge, I am filling a bag here.
It is hard to have a tight SL since we could be stop hunted easily, so I went for a wide one, same for targets!
Current Price= 0.00000025
Buy Entry= 0.00000026 - 0.00000022
Take Profit= 0.00000038 | 0.00000047 | 0.00000062
Stop Loss= 0.00000014
Risk/Reward= 1:1.4 | 1:2.3 | 1:3.8
Expected Profit= +58.33% | +95.83% | +158.33%
Possible Loss= -41.67%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 720h
ANKR/BTC (accumulation zone reached)ANKR / BTC
Accumulation zone reached ...
From this area price moved in past from 15 sat to 156sat (About 940% gains !)
2 Secnario for this strong fundamental coin :
1- bullish wave already started as we can see bulls try to pump it (or test pump👀)
2- the price will go again to accumulation zone or little below for hunting stoploss then moon after
🚨 For new traders this is low satoshi coin be careful every satoshi move up or down the price will move strongly in your portfolio
This chart for education purpose
Trade at your own risk
Best wishes
Ankr Network (ANKR) Challenging ResistanceOn Dec. 16-17 we can see a strong bearish candlestick pattern on the ANKRBTC chart.
This pattern was quickly invalidated the following day with a strong, high-volume bullish candle.
Now we have prices trading above EMA10 and EMA21 while aiming higher.
This one is starting to look good.
Support is found on the blue and red dashed lines.
The next target is marked with a magenta dashed line.
This is not financial advice.
Good luck!
Namaste.
ANKR/BTC back to weekly support againANKR / BTC
price dropped again to weekly support
Falling wedge spotted
These are Bullish Signs but not enough
Take into consideration
this is low satshi coin = mean pump is hard due to heavy sell orders placed
Also its x6 times it visits this support = bulls exhausted
Not a buy area until the bulls prove them self here with strong bullish signs and price became above ema20 at least
Otherwise if bulls lose this support there will be parabolic drop in ANKR because next support is far
always have a plan dont trade blindly
have a nice day
Good luck and happy trading 🌹