ANKRUSDT
0.02002-0.02122: Short-term uptrend beginsHello?
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(ANKRUSDT chart)
(1M charts)
The key is whether it can rise above 0.02761.
(1W chart)
You can see how important the current price position, that is, around 0.01915, is the support and resistance zone.
However, even if the price rises, there is a huge resistance area, so it appears that it will take time for it to be seen as a significant rise.
The key is whether it can receive support within the box section at the current position and rise above 0.02885.
If not, it may fall to around 0.01092, so you need to think about a countermeasure.
(1D chart)
The support and resistance zones formed at the current price position are
- 0.001636
- 0.03776-0.04771
Same as above.
Therefore, the key is whether it can receive support in the 0.01814-0.01901 range or higher and rise above 0.02122.
If not, there is a possibility that it may fall below 0.01575, so a countermeasure is needed.
If it shows support around 0.01901 this time, it is expected to turn into a short-term upward trend.
However, it is expected that there will be another support and resistance test by rising above 0.02122.
When the test is over and the rise begins,
1st: 0.02680-0.02776
2nd: 0.03776
It is expected to rise to around the 1st and 2nd levels above.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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Our attempt to identify the next "pump coin". ANKR long trade #8While the previous few days, the most voluminous and liquidity cryptocurrencies have been falling in value, some coins have been pumping like as: FLM, GTC, PERP, UNFI, Cyber etc...
This trade is our attempt to determine which coin will be the next to "pumping". That is why we halve our standard entry amount to $5000 and emphasize that a stop order is required.
Enter = 0,01841
Stop = 0,01797 ( -2.4%)
TP = 0,02394 ( +30%)
P/L ratio = 12.6
According to these conditions, with a position size of $5000, the amount of potential loss is $120, and potential profit is $1500.
What do you think, "Is this game worth the candle"? Write your thoughts in the comments
ANKR/USDT upward momentum!!👀🚀Ankr Today Analysis
💎Ankrusdt is making intriguing moves as it neatly follows the overlapping trajectory to reach the bearish Order Block (OB) to tap into additional liquidity.
💎 In the past, it experienced a significant downward shift as the demand turned into supply, further reinforcing the downward movement.
💎 After tapping into the downward liquidity, it set an upward momentum, tapped the OB once, faced rejection, and is now setting up again for upward momentum to tap into the remaining liquidity.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
ANKR LOOKS BULLISH (6H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ANKR symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ANKR (ANKR) WCA - Inverted Head and Shoulders PatternHello and thank you for taking the time to read my post. Today, we analyze the ANKR chart with the ticker ANKR/USDT on the weekly scale, focusing on a classic price pattern called "Inverted Head and Shoulders."
Inverted Head and Shoulders Pattern:
This pattern consists of three parts, always in the same order: the left shoulder, the head, and the right shoulder. These can be sharp or rounded. Ideally, the shoulders should have symmetry, which makes the pattern easier to identify. The bottoms between the troughs form a recognizable trend line. Additionally, we have a trendline called the neckline, which acts as the current resistance line. Technicians refer to this line as the neckline. Ideally, the neckline should be horizontal.
Chart Analysis:
Upon examining the ANKR (ANKR) price chart, we can clearly see that this classic price formation is taking shape. The neckline can be found in price terms at 0.04881. The formation can span from weeks to months, making this more of a watch-list candidate than a direct trade.
Moreover, the weekly 50 EMA is also moving downwards and is clearly rejecting the price, providing yet another reason to observe rather than to trade at this time.
The pattern exhibits the necessary criteria and symmetry between the lines. Although we cannot predict when or if the price pattern will break out, we can certainly prepare for it.
Conclusion:
The ANKR (ANKR) weekly chart showcases a classic Inverted Head and Shoulders pattern with a neckline at 0.04881. Although the exact timing of a breakout remains uncertain, the pattern provides valuable insights into potential market movements. By closely monitoring the neckline and the downward trending weekly 50 EMA, which is rejecting the price, traders can be better prepared for any potential price action in the future. As always, it's essential to consider risk management and proper position sizing when trading based on chart patterns.
Please note that this analysis is not financial advice. Always do your own due diligence when investing or trading.
If you found this analysis helpful, please like, share, and follow for more updates. Happy trading!
Best regards,
Karim Subhieh
ANKRUSDT likley to head up to weekly resistanceThe price has been trading in and above the daily support zone for a few days. The likeliness of the price to move up is higher here and therefore, a long is favorable here. The target of this long should be the weekly resistance zone. The conservative target would be the start of that weekly resistance zone around 0.4480.
New idea for $ANKR$ANKR
The protocol represents the Liquid Staking Derivatives category, from the same category $LDO & $RPL, which are performing better than the market 12-15% growth for the day.
A safe entry point would be after a consolidation above the green zone.
MACD momentum is upward and only starts at 1h & 4h
Working out time is approximately 2-3 days
Don't forget about risk management!
Fast LONG on ANKRFast LONG on ANKR - hello, I'm testing a combination of my MA and EMA + super script from EP tradingview selection, if it's successful I'll let you know and explain.
This is not a financial recommendation and I can be 99% correct. PS I recently looked at binance at the total balance of top traders on futures and therefore no glory, pretty much everyone is in the red.
Testing mode
I would bet that the ANKR will not make a significant move nowIf it were up to me, I'd say the ANKR will move sideways (orange line). We'll see what the Shanghai upgrade to ETH does and what effect it will have on ANKR. Next up will be some news regarding TENCENT METAVERSE, who ANKR has partnered with and has already started distributing these tokens, which are not yet open to the public. We've already learned several times that news won't reliably keep ANKR at new levels, so let's trust that BTC and ETH will keep rising, which could mean a clear path for ANKR to the upside.
ANKRUSDT hit weekly support, likely to bounce to daily resistThe price has hit the weekly support and it is likely that the price will bounce from here. I believe it will head for the daily resistance 1 zone with L1, S2 and L3 sequence. However, let us focus on L1 first and then we reevaluate it further.
ANKRUSDT heading lower to next support zone around 0.0375ANKRUSDT has hit the weekly resistance zone. It is likely that it will be pushed down from here and price will head to weekly support 1 level as shown with path S1. There shall be a bounce from here as shown using path L2. However, in my opinion this support is not that strong compared to weekly support 2. Therefore, I am inclined to the possibility that price will break the first weekly support (weekly support 1) and head towards weekly support 2 zone. But that may change depending on how is the reaction of price on weekly support 1 zone. Therefore, let us focus on path S1 and we will then observe L2 to evaluate how S3 may look like. If we achieve step S3, then S4 should be a very strong bounce and the probability of that bounce being strong is very high. That bounce might pave for a higher high compared to the recent high.
ANKRUSDTPERPThe comments and recommendations contained therein are based on the personal opinions of those who comment and advise. These views may not be appropriate for the financial statements and your risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations.
ANKR Roadmap 4H ChartANKR - Long rough Idea
This is an update for ANKR -
This is my expected price action for the coming days. I WILL FOLLOW FOR THE NEXT BIG POTENTIAL PUMP.
Let's see how it plays out,
Thanks for your comments.
*Always use stop loss/Risk Management.