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ANKR / Bitcoin

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ANKRBTC trade ideas

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
AnkrBtc Trading opportunityLooking closely on the wave count of ANKR it shows we just completed wave 3 movement, which means we have huge potential for a drop for wave 4. The idea is based on accumulating through the bottom of wave 4 for the last leg of the upside move. Focus more on the long back zone and accumulate through it. Kindly go through the chart and do leave us your comments to let us know how you feel about our view. Moreover REMEMBER to appreciate our effort with your likes and always subscribe(Click follow) to our profile for fast and quick daily updates on all our trading ideas Thank you.
Long
by weslad
4
ANKR/BTC in a strong uptrend... Take profits while you canUsing Fib extension to determine the next area of resistance for this uptrend... The 1W timeframe gives a pretty clear idea where we are headed... Current price 0.00000046 Next major resistance point at 1.618 (0.00000060) Other bullish indicators used to confirm this trend: MACD: Currently showing bullish and rising... ADX: currently above 20, and rising... which indicates an increasing strength in the uptrend You can ride this and take profits... If you havent bought earlier. You can buy in now, and sell at 0.00000060 Like this idea, and follow me. Thanks for your support!
Long
by abasinkanga
Ankr Network Full Chart AnalysisToday, Ankr Network (ANKRBTC) hit the mid-February high/peak, there is room for more. Here we have a potential double top forming but also a bullish ascending channel. Strong resistance is being faced right now and 40 satoshis (0.00000040) is the next challenge. If this level is conquered, prices moving, and closing above it, we can easily see additional growth (zoom out for more targets). But if ANKRBTC fails to conquer this level, we will see a drop like last time (red arrow). Seeing how all the other altcoins are doing, there is good potential to see more up. This is a tricky spot though, make sure to have a plan (and very tight stop-loss) before you trade. This is not financial advice. Thanks a lot for your support. Namaste. Previous chart | Perfect hit May 5th
by MasterAnanda
1