Ankrusd
ANKR possible tradeANKR has been forming this nice triangle and accumulating at a nice support level.
Right now we can see a nice breakout.
We need to see a test of our new support level... Then we can go in and wait for our profit.
Remember to set a stop loss!!
Red area - support level
Orange area - buying zone
ANKR CLEAN TECHNICAL ANALYSIS APRIL 14Looking at ANKR are on the 4hr chart price has made a large correction form a previous ATH
to a fib support area where a clean double bottom has been made,
price approached this area structurally with a descending channel with a 123 touch formation,
after the third touch price made an impulsive move to the upside and is currently making a
flag correction between the 718 and 618 fib range. overall anticipating price to make a
second touch to the bottom of this correction before making a continuation from the first impulse to the upside potentially hitting the 0.20 area
ANKR/USDT can still increase!Hi every one
ANKR / TETHERUS
chart is speaking it self!
ANKR/USDT is in a bullish flag which has not broken yet and there are also Hidden bullish Divergence (+HD) on RSI which will help the bullish trend to continue. If the break out happens there can be a bullish movement as big as the flag pole!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
ANKR: Time to ShineANKR has strong support at the .236 fib level ($.14). If ANKR is able to hold above the .382 fib level ($.15 - $.16) then I believe it will head up to its previous ATH of around $.21.
Once previous ATH is broken, ANKR enters price discovery mode. Next major target above that would be the 1.618 fib level ($.28).
This is not financial advice. These are just my ideas and opinions.
ANKR/BTC bull flag current update...Exit or hold position now?#ANKR/BTC Chart Update :-
#ANKR currently trading at 245 Satoshi
Now Trading below support level.
If you don’t feel good then exit but One more support at 236 Satoshi
So I can take some more risk.
If any 6 hours candle close below 235 Satoshi then I will exit from this trade.
Support:- 236 Satoshi
Resistance:- 307/350/418/481 Satoshi
Don’t wait for my updates if any 6hours candle close below 236 Satoshi. You can exit without any emotions.
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ANKR/BTC Bull flag TA Update#ANKR/BTC TA Update
( follower request )
#ANKR now bullish because now broke out bull flag resistance .
So we can buy some for short term gain.
Never invest too much in this tike because already 20x up from bottom.
Entry:- 260-280 Satoshi
Targets:- 307/350/418/481 Satoshi
Stop Loss:- if any Big time frame candle close below 250 Satoshi then strictly exit.
No emotion.
Support:- 250 Satoshi
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Thank you.
My first post and idea here.Maintaining Fib levels after reaching what I believe to be an inflection point.
MACD on the 4 hour crossing to what seems to be a bullish cycle, possibly converging on the daily.
Fundamental Analysis:
ANKR is a cloud computing provider that specifically focuses on hosting blockchain nodes, essentially allowing the layman to begin running an ETH Validator node for a minimal 2 ETH as an insurance deposit. I can see this becoming a gateway to what I would consider the AWS/GCP/AZURE of blockchains.
As a developer, I plan on using ANKR services and look forward to seeing more improvements to come.
Thanks for checking out my idea, if you have any thoughts, I'd love to discuss this service and token further below.
I would love to hear others thoughts and opinions, I personally think the fundamentals of ANKR are airtight.
Possible 15-40% Gains on ANKROverview
- In short would wait until price touches the triangle support(red) for lower risk but if the crypto market pumps, this could give ANKR the boost it needs to see big gains long-term. Let's start from the top!
Price Chart
- 1hr chart with 20/50/200MA's to help indicate future supports or resistances
- As of now, MA's look terrible as I don't tend to trade when the 200MA(red) is on top of the lower MA's.
- Quick note: If the 200MA is above lower MA's, this means trend is bearish
- If price breaks through the 20MA clearly may have enough momentum to break 200MA
- Bullish triangle is a possible pattern as the resistance line(green) has a larger angle and support line(red) is close to horizontal
- Break below $0.147 you don't want anything to do with it at this time
- Overall been seeing breakouts occur when the 20MA and 50MA come in contact with each other so it's possible that's the case here
- Risky trade, big profit, would wait till support(red) is touched before making an entry. But does have the possibility of breaking out before this occurs
RSI
- Showing an inverse head&shoulder pattern which is bullish and could cause a breakout to the first major resistance at $0.182, break that and could head towards the current ATH
MACD
- Not a fan of the signal line(blue) crossing MACD(orange) as this indicates it's time to sell.
- 4hr MACD looks a tad better
Stoch
- 4hr stoch value is indicating it's time for another run up
- Last time stoch was in this range, price rose 25%
4HR Chart
- Text explains chart
Extra Info
- Learn about ANKR here: www.ankr.com
- ANKR VOLUME: coinmarketcap.com
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Would also like to know your thoughts! Remember this is not financial advice , however, it is an overview of what I am seeing in this coin's price action.
-Happy Trading
MoneyGrind