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Ankrusd

ANKR/BTC (Bounce at Key Level Support?)💎Technical Analysis Summary💎 BINANCE: ANKRBTC -The key level of support is now being tested for the 3rd time -Technically speaking, this is not good as the Bulls failed -To keep the fight above the 200D MA dynamic area -As we all know, the support becomes weaker the more it gets tested -So buying at key support no longer safe -But you are following proper risk management -It will help you a lot in the long run A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
2
ANKR/BTC.. can the bulls save the bullish pattern ?Ankr/btc is currently in ascending channel pattern Which is bullish forming it since 40 days The lower trendline of channel should make the price bounce and the bulls will try to protect this area But if failed by daily close candel below it this is bad to ankr and may lead to return to key support again 43-46 sat On the other side if the bulls successed to make the price continue in the channel we can see nice impulse jump to 86 sat again or higher Before any desision buy/sell we should keep watch carefully on lower trendline of channel if the bulls can save it or not
by Babenski
2
ANKR/BTC (Testing Swing Low Support)💎Technical Analysis Summary💎 BINANCE: ANKRBTC -ANKR now touches the swing low support last August 2 -This is where the strong before it happened -Currently, the 200D dynamic support is coinciding at this region -If this area will maintain for the next 5-7 days -And Try to form any reversal pattern like Double bottom -RSI divergence is also a good reversal signal -Please be patient to look for signs of strength -Have a plan and calculate the amount willing to risk `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
25
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
by PolarHusk
1
ANKR/BTC (Key Support 41 sat?)ANKR/BTC -This coin has dropped over -40% from the High at 85 sat area -During the Bitcoin breakout, most Altcoins decreased more than -30% its value -Looking at this coin, The next Key levels to watch are the 41 sat range -Because this is a confluence of previous resistance and support -The probability of a strong bounce reaction in this area is High -Also, 40 sat is a whole number and a good psychological support -Keep an eye of this asset and enable your Alerts
by PolarHusk
#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
Long
by SALAH-LH