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ANKRUSDT

ANKR - Time For Another Rally My incredible boyfriend and trading partner (SXTrading on trading view) opened my eyes to a beautiful set up this morning. So following the same supply and demand trading method as usual - I have another analysis for you. ANKR has been in a clear uptrend this year - so we look for trading opportunities to the upside. To find the demand zones where the big player are waiting to place their buy orders - look for previous pauses and breaks in momentum - areas of consolidation and accumulation. These are the areas where the pros are taking profits or buying more at what they consider a "discounted a price". Here we can see one formed on the 61.8 fib level of the last rally - this is a golden zone. This makes me very excited. Analysing the candlestick behavior we see bullish momentum exiting the zone - simultaneously breaking the downward trend lines and breaking through the 8 MA- adding strong confirmation to our beliefs. Divergence on the MACD adds a nice cherry on top.
Long
by Kseniya_Kopyl
ANKR USD Bubble is growing be carefull not to get burned !Hello everyone and welcome to my analysis. Today I would like to make a note of that ANKR chart looks loot a like DOGE chart from a couple months ago and in my opinion there is a high probability of it losing at least 50% of its value. YES I can be wrong about that but lots of people were saying same about BTC in 2018 that it's not top etc. In my opinion buying ANKR at this point is very risky as it's price is more than 3000% UP in past 12 months. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
by Coder775
ANKR USD update for those who took the trade and target listHello guys on an update to my ANKR analysis from yestarday. First of all if you did take a trade from my analysis than congratulation on 20-25% profit ! But remember the most important thing about trading is taking profit so this analysis is for information where I'm planing to close my trades. As first target and closing part of my position at 61.8 retracment which is just above 0.1 $ the next resistance I'm seeing is at 127.2 fibonnaci extension and my final target is at 161.8 fibonnaci extension from where I'm expecting price of ANKR to decline to retest 88.6 or 78.6 fibonnaci levels. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
Long
by Coder775
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