When is it worth taking an ANKR long position ?Today, ANKRUSDT is trying to break through the trend line for the second time, which indicates a yearly downtrend.
The previous attempt by ANKR buyers to break through the trend line failed in August 2022 and after that, the price fell by another -60%.
Now it's too late to enter the ANKRUSDT long, it's better to observe the price behavior.
If the buyers of ANKRUSD manage to keep the price above the red trend line and above the liquidity zone of $0.03-0.032, then a strong long to the area of $0.06
If sellers push the price below $0.03 again, then there will be no problem to fall even lower -30-40%, at least to $0.024.
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Ankrnetwork
ANKR/USDT - Market Update 20.08.22Hello Traders!
The price of ANKR has tested the downtrend line and resistance at $0.049, after which the reaction of sellers followed.
Based on the analysis of senior timeframes we can assume the continuation of downward price formation, within which we can consider the option of medium-term purchases.
Purchases can be considered in a price range of $0.015-0.026.
The targets will be the price levels of $0.063 and $0.084
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ANKR/USDT - Potential 95% SetupHello Traders!
ANKR price has been moving in a wide range of $0.05950 - $0.09500 for a long time. At the moment there is a price squeeze between the rising and falling trend lines on the chart, the price is testing the MA100 on the daily timeframe.
Short-term purchases can be accumulated in the range of $0.07100 - $0.07900.
The targets will be the price levels of $0.11800 and $0.14800.
It's necessary to close the deal using stop-loss only in case of price fall below the price level of $0.05600.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ANKR formed big bullish Gartley | A good long opportunityHi dear friends, hope you are well and welcome to the new trade setup of ANKR token with Bitcoin pair.
Previously I shared a long-term trade setup of ANKR, which is still in play:
Now on a 4-hr time frame, ANKR has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
quite clear chart for ANKR ANKR has been in this range for quite a while now. price has been consolidating and at the same time its making a bull flag as some might say. after a valid break of each one of these structures we can expect massive moves. until then its safer to trade inside this range.
make sure to follow and like this idea.
ANKR/USDT IS MAKING IT'S MOVE.Welcome folks to my new update on ANKR/USDT.
If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
ANKR is so far moving as expected. I am already in and I will accumulate more once it breaks above the 21 D MA. Keep in mind that this is not scalping, this will be a midterm holding. The invalidation point for this trade setup will be $0.048. If ANKR goes below this price then I will exit with a small loss but if ANKR breaks out then the risk-reward ratio is absolutely grand.
Do like and follow for more updates. Remembers every like, and comments are important to grow this community and in order to do that, I need your support. Words are not enough to express my gratitude to all of you for your likes, and comments. You guys are simply amazing.
I'll see you guys in my next update.
Thank you.
ANKR/USDT: GOOD FOR MID-TERM HOLDING. 170% EXPECTED!!!Welcome folks to my new update on ANKR/USDT. To analyze this chart, I am gonna use a higher time frame of 2 days.
If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
Ever since ANKR reached its ATH ($0.217), it has maintained a baseline which is now very important support. The current price is exactly at the position where ANKR was last year in July and if ANKR repeats the history then we may see a 170% rally by the end of July 2022. I ain't cracking jokes here, look at the chart. Things are possible if ANKR maintains the $0.06 support level cause breaking below that level will invalid the chart and we will have to look another way around to figure out the market.
My strategy:
I will accumulate ANKR until and unless it holds the support level. Once it breaks below it, I will exit all my ANKR holdings. I will accumulate ANKR on spot and will completely avoid leverage trading on this one.
If you guys wanna be on the safer side then you can enter this trade if ANKR breaks above the 21 D MA. Remember, this will be a mid-term holding so don't complain if you aren't making money quickly.
What do you guys think about ANKR?
Let me know in the comments.
Do like, and follow for more exclusive updates.
Thank you.
ANKR/USDT 2HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick ANKR/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-ANKR/USDT Falling wedge pattern create a continued bullish Trend and buy the green zone
Entry:-CMP and BUY THE GREEN ZONE
Target:- 50% to 70%
Stop loss:- 0.06765
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
ANKR/USDT 8 HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick ANKR/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-ANKR/USDT Rising wedge pattern create continue bullish Trend and buy the green zone
Entry:-CMP and BUY THE GREEN ZONE
Target:- 50% to 70%
Stop loss:- 0.06561
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
ANKR/USDT - Potential 69% SetupHello Traders!
ANKR price has completed correction together with the rest of the market after the rapid growth.
The price is at the exit of the active trading range of $0.095 - $0.118.
Purchases can be searched in the range of $0.108 - $0.118
It's worth closing the position by a stop-loss if the price goes under the support level of $0.0838
The targets will be the levels of $0.163 and $0.190
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Awesome moment for ANKR / USDT , ❣️ANKRUSDT
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Hey , guys !!
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Now the coin is above the level , so if it will not hit the level we will see awesome pump !
Add the coin to your watching list , please ; )
Visit more ideas here @Professional_Crypto_Analytics
Have an awesome profit , guys !
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Best wishes ; )
$ANKR/USDT 4h (Binance Futures) Symmetrical triangle on supportAnkr Network is holding above 100EMA and looks ready for another bullish move.
ANKR is a DeFi / BSC / BC / DotEco token, more information on www.ankr.com
Current Price= 0.13156
Buy Entry = 0.12915 - 0.12267
Take Profit= 0.14701 | 0.17053 | 0.19442
Stop Loss= 0.11178
Risk/Reward= 1:1.5 | 1:3.16 | 1:4.85
Expected Profit= +33.54% | +70.90% | +108.84%
Possible Loss= -22.44%
Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Contracts:
#ERC20 0x8290333cef9e6d528dd5618fb97a76f268f3edd4
#BEP20 0xf307910a4c7bbc79691fd374889b36d8531b08e3
#BEP2 ANKR-E97
Ankr 1D Chart - Upcoming PossibilitiesHello friends, today I am reviewing the 1D chart for Ankr (ANKR), a crypto altcoin on a linear scale.
In the chart I noted:
1) The price has been bouncing off of a long term upward trendline since June 2021.
2) The price started moving up another smaller trendline since October 2021.
3) The price has the potential to re-test the Fibonacci golden pocket zone (0.618-0.65), which would be a 10% move upwards.
4) There is also significant resistance at the 0.786 fib level which was there in March to May 2021 timeframe. The price was not able to break out of this area and it broke down from that point into consolidation.
5) If the price does not break the top side resistance trendline, we can see the price go back down to the bottom support trendline which would be a 30%+ move downwards.
6) The RSI (relative strength index) is at a resistance trendline and possible to breakout of it, otherwise it will fall back down to the lower support trendline.
7) The volume seems to have picked up over the past few weeks.
8) The Ichimoku Cloud is showing a green support zone which may be a good sign for Ankr but BTC price movement make dictate where Ankr price moves in the short term.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
ANKR/USDT 4HOUR UPDATEWelcome to this quick ANKR/USDT analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- ANKR/USDT is bullish trend conform retest buy the dip and green zone
Entry:- buy green zone
Traget:- 20% to 30%
Stoploss:-100 moving average downside candle close
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
ANKR HUGE SYMMETRICAL TRIANGLE! READY TO FLY?ANKR has been consolidating between a huge symmetrical triangle from Mar till today! It has been trying to break the resistance and we have several hits, I believe BULLs are getting ready now to move $ANKR and what best time would it be then this mini alt season?
We have a spike on volume as well so it seems good to me! Also, RSI turning bullish and MAC.D neutral so I believe in a few days ANKR will get ready to break the resistance.
However, always keep in mind, road to profits is always bumpy, market makers know how to manipulate the market and shakeouts on ANKR are possible, but in the long run I am very bullish on ANKR!
Buying ANKR here and waiting for the proper breakout.
ANKR Breakout and 1st target reachedANKR stayed above 8ct as stated in previous idea this area was opportunity to buy.
Today buyers area rewarded with a big move this morning completing the 1st target area. Now i see 2 plans :
1 : Prices goes crazy and break 20ct, in this case i would see 25ct and 32ct area as 1st resistance.
2 : Prices confirm the breakout on closure today i would then look on pullback into the previous resistance bellow 13ct.
For now in my opinion it is too late to go long as prices will be very volatile today, i would wait for a break of 20ct and try to catch a pullback or wait for a return below 13ct.
Let's see how it will plays out, i hope someone got this move and enjoy some nice profit.
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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