ANKRUSDT BULLISH SIGNAL UPDATE!!As you all know, ANKR is not performing well from last 2 months and according to the Chart patterns, Ascending Channel is formed and also indicators giving bullish signal.
Short term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
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Market/BTC CRASH
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Binance Smart Chain ( BSC ): 0x69Ea86D0f6B762fC36A322b0C833D2bd04534b3d
ANKRUSDT
ANKR - Are We Ready To Break Out??ANKRUSDT has been in a descending channel since late February. It appears to be respecting the channel as we've seen rejections on both extremes of the channel.
Recently we've seen a double bottom which is often a reversal pattern. This could indicate that we may be breaking out very soon. Watching this one closely to see if we can break the structure level and channel.
ANKR - Are We Ready To Break Out??ANKRUSDT has been in a descending channel since late February. It appears to be respecting the channel as we've seen rejections on both extremes of the channel.
Recently we've seen a double bottom which is often a reversal pattern. This could indicate that we may be breaking out very soon. Watching this one closely to see if we can break the structure level and channel.
Bullish Sign if ANKR can Close Above 1.618 Fib LevelOur July Monthly Candle will be close in a little under 6 days. If the crypto market and ANKR specifically can continue the current bullish march and close the month candle above this key Fibonacci level then that will be a signal for a bullish continuation!
Will post updates!
ANKR/USDT Is ranging in a Descending channel.Hi every one
ANKR / TETHERUS
ANKR/USDT has been in a Descending channel for quite some time now. as you can see the price has been ranging in this channel in the last 36 days and was not able to break the 20EMA (pretty small EMA) in this duration. this means there is a high chance that the price would start to Decrease from this point and touch the bottom of the Channel again!
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!!
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Placing bids for ANKRMy previous entry for ANKRBTC two days ago went well as expected; filled at 215 sats and exited with 10% profits. Now ANKR is edging down further and with BTC expected volatility either way, I am placing bids at 185 sats while I see a potential of going down to 170 sats too.
It is straight forward, triangle got broken down, channel 'square' broken down too with the daily 200EMA serving as a support at 185 sats.
Anybody here bidding along with me? Or too hesitant to test the water at this stage?
#VETUSDT using Thunder Cloud Suite.NOT TRADING ADVICE:
So I decided to mess around with a few indicators to see how easy it would be to scalp small price movements Using Thunder cloud Suite and Over Bought/Sold indicators. This works on pretty much any Time Frame, but is generally intended for shorter time frames like 1, 5, 15 minute. Obviously the more volume (money) you have the more beneficial. The yellow change of direction on the OB/S indicator is NOT a trigger you should use because if you apply it to a chart and look there are "fake outs" in price action that can send it back down (or up), despite the yellow COD indicator. Similarly, Buy/Sell indicators are perilous for the same reason. That's why I paired the Indicator with Thunder Cloud Suite, to determine Average crossovers, that better dictate a change of direction helping the user to buy/sell more efficiently and not lose or miss out on gains.
ADDITIONALLY: Learning candles is HUGELY (Bigly heh) beneficial to this method, as Candle patterns indicate price direction (generally). Wicks, dojis, Hammers, Hangman, Gravestones, etc. etc. If you follow the buy/sell indicators back through the chart take note of which Candle(s) or patterns of candles appear before a jump or drop. You'll be delightfully surprised that these candles become predictable, and that using clouds and other indicators can give you buy signals "before" the buy signal on the indicator.
Not using Ichi style indicators would make this doable, but less accurate (imo). A potential addition would be to add a Volume indicator to see if the focus stock/coin was gaining volume for a jump or dump. Anywhoooo, Hope this helps people who aren't trying to write their own scripts use some of the provided scripts to have fun while we wait for #BTC to do whatever it's going to do.
ANKR Doesn't Seem Like a Good Risk/Reward at This PointI like the project, I'm not sure I like the ANKR charts.
It seems like there is more risk on the downside than there is reward for the upside.
DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment advisor. Cryptocurrencies carry a lot of risk and you could lose everything when buying and selling them. I will not be held responsible for any losses or gains as a result of my content. Please DO YOUR OWN RESEARCH before making investment decisions.
#ANKR heading for sub .10? From the looks of this Monthly chart (Zoomed in), you can see an MA rejection 3 times. My best guess is a .9800 target buy Area. (NOT Trading Advice). The Yearly obviously looks ok, but after a 2200% increase I'd say a 55% retrace is healthy for another push up. Set your Alerts, watch your Charts, and Happy Trading.