ANKRUSD trade ideas
Will ANKR be able to break over the $0.10 resistance level?Bullish Scenario: ANKR could retrace back to $0.06 support levels. If ANKR manages to break over the resistance level at $0.10 after retracements, it will be bullish. With sufficient purchasing activity, breaking above the $0.12 price barrier will lead to a move towards $0.14 and higher.
Bearish Scenario: We don’t have a strong positive bias for the long-term because ANKR has been in a decline for a few months. If the $0.06 support level fails to hold, the price will sooner or later fall further to $0.05, $0.03, and even below.
Aiming for $12The crypto market is alive again and new money have been pouring in gradually over the last 2 months or so. I have been buying bite size positions over several weeks now. ANKR is looking to go for the run. Bought at this price level. Next target will be $12. This is the trade you have to be in it for several weeks. When price go lower, add more. I don't risk more than 10% of my portfolio.
This $ANKR chart looks poised for a popBeen following this one for a week or so now. Starting to show signs of strength compared to a choppy sideways market.
Clear hidden bullish divergence on the daily chart with RSI rising as the price declines. Volume has been increasing the past few days as it's starting to break the blue downtrend line.
If the market doesn't shit the bed we could see this pop to the 200EMA around 0.09 where there's also resistance around 0.092. Will need a good amount of volume to break that.
ANKR/USDT IS MAKING IT'S MOVE.Welcome folks to my new update on ANKR/USDT.
If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
ANKR is so far moving as expected. I am already in and I will accumulate more once it breaks above the 21 D MA. Keep in mind that this is not scalping, this will be a midterm holding. The invalidation point for this trade setup will be $0.048. If ANKR goes below this price then I will exit with a small loss but if ANKR breaks out then the risk-reward ratio is absolutely grand.
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ANKR/USDT: GOOD FOR MID-TERM HOLDING. 170% EXPECTED!!!Welcome folks to my new update on ANKR/USDT. To analyze this chart, I am gonna use a higher time frame of 2 days.
If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
Ever since ANKR reached its ATH ($0.217), it has maintained a baseline which is now very important support. The current price is exactly at the position where ANKR was last year in July and if ANKR repeats the history then we may see a 170% rally by the end of July 2022. I ain't cracking jokes here, look at the chart. Things are possible if ANKR maintains the $0.06 support level cause breaking below that level will invalid the chart and we will have to look another way around to figure out the market.
My strategy:
I will accumulate ANKR until and unless it holds the support level. Once it breaks below it, I will exit all my ANKR holdings. I will accumulate ANKR on spot and will completely avoid leverage trading on this one.
If you guys wanna be on the safer side then you can enter this trade if ANKR breaks above the 21 D MA. Remember, this will be a mid-term holding so don't complain if you aren't making money quickly.
What do you guys think about ANKR?
Let me know in the comments.
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ANKR Long Term Ankr platform services provide distributed networks of blockchain nodes which helps cross-chain development access. Ankr is an early contributor of web 3.0, enabling the user reliable and accurate communication and integration. Ankr helps the crypto community by providing one-click node deployment and API services and access to 40 major blockchains.
ANKRUSD LONGWe recommend taking a long position as the price is currently at the lower boundary of the Keltner Channel. Moreover current market condition RSI is favouring bulls and we expect the price to try the strong support first and then bounce towards up. Entry and target are shown in the chart.
No financial advice.
ANKR Pre-programmedAnkr a tiny crypto operation. Its coin trades for pennies ($0.07). It has a $600 million market cap. But unlike a lot of tiny crypto operations, Ankr trades on the Coinbase (NASDAQ: COIN) platform. So it's easy to make small investments in Ankr if you want to. And there's a reason the people who run Coinbase wanted to add Ankr's coin. Venture capitalists and other intelligent investors are backing the coin, and management is very, very smart.
Ankr was founded by Chandler Song, whose first job was working for AWS (Amazon Web Services). While doing that job, he got the idea of using peer-to-peer networks (blockchain) to power cloud networks. One of his bosses, Stanley Wu, was one of the engineers who designed the AWS platform in 2007. Those two men quit Amazon and co-founded Ankr.
ANKR preprogrammed Ankr a tiny crypto operation. Its coin trades for pennies ($0.07). It has a $600 million market cap. But unlike a lot of tiny crypto operations, Ankr trades on the Coinbase (NASDAQ: COIN) platform. So it's easy to make small investments in Ankr if you want to. And there's a reason the people who run Coinbase wanted to add Ankr's coin. Venture capitalists and other intelligent investors are backing the coin, and management is very, very smart.
Ankr was founded by Chandler Song, whose first job was working for AWS (Amazon Web Services). While doing that job, he got the idea of using peer-to-peer networks (blockchain) to power cloud networks. One of his bosses, Stanley Wu, was one of the engineers who designed the AWS platform in 2007. Those two men quit Amazon and co-founded Ankr.
ANKR - Hold on for your lifeANKR is at a very long lived trend from last Feb/March, a break below would mean down to support at 0.08, and continuation below this would mean BTC's flaccid red dong has fallen out of it's pants and everyone is going down. I think I will have a stop-loss at 0.0777 that will only be active if BTC is below 38K. Good luck ANKR, this is a critical moment..
ankr ankr
Ankr originates as a solution that utilizes shared resources in order to provide easy and affordable blockchain node hosting solutions. It was founded in November in 2017 and during its time on the market, it has built a marketplace for container-based cloud services through the usage of shared resources.