$ANKR beginning an upward channel patternI like the looks of $ANKR in an upward channel pattern. Starting around June, we can see that the resistance hits the trend line and begins its upward channel movement, charting higher lows and higher highs. If we can stay above the trend line then I fully believe in Q1 we could see a pump. If not, we could see it drop down to the 0.06-0.05 level.
Let me know what y'all think.
ANKRUSD trade ideas
ANKR/USD
ANKR has potential for a long term investment and has been on the uptrend since early 2021. Currently ANKR is traveling on the lower blue zone since early December which I presume that this will continue until early January 2022 and I said this because history shows that the same happened in late June and late September which I stated as the consolidation period and it consolidated for about a month. So next year on January 2022, there could be changes and I presumed that price will rise, maybe bubble up to 0.18 cents or higher or slowly up to above 0.14 cents. How I came out with this numbers by creating their first support line since their rises early this year at 0.057 cents and with an incremental of every 2 cents up. It seems that ANKR respected these lines creating support and resistance on these lines. So what I predicted that somewhere in January 2022 price will rise to above 0.14 cents, travelling along the upper blue zone for the couple of days creating support at 0.14 cents line. So if I bought ANKR early in December, I should wait till March 2022 to sell for a good profits or I will keep for 6 months or more to see better profits. This is just my opinion and not a financial advice.
bullish but maybe not ready yetThere is a pin bar on the daily which is very bullish.
But i think the ema's could be a little closer for a more bullish run
the rsi may need to retrace to 30 which will bring the price down to the lower yellow support line
Keep alerts on and eyes out it could be sooner. were close
Ankr to 0.42 Ankr has been consolidating around $0.12 area for a while and recently broke out and touched $0.21. It has since retraced back to almost .786 fib level. Possible retouching of trend line it's been On the whole time. Next break out we could see $0.42 after consolidating around 0.13 area.
**NOT AN ADVISOR OR PRO TRADER. DO YOUR OWN RESEARCH. NOT FINANCIAL ADVICE **
HAVE FUN TRADING!
ANKR - Ready to pop? and run, potential 10x Web3 play?ANKR The triangle is tightening, and almost perfectly forming despite BTC and macro events pulling the entire market down.
We have a recent peak of $0.215 or so. We are in store to see a huge pop IMO. We should see ANKR reach a new ATH of 0.30's, and as events unfold we could see a series of onward unleashing of energy to the $1.30-1.60 range in time.
ANKR is a Web3 infrastructure play, support of all things Web3 and the future of the information superhighway, defi, Metaverse, NFTs and more. ANKR is just getting started here and for aa 10x potential and more. Recent partnerships with the NBA's Sacramento Kings and other high profile and value-driven tie-ups is accelerating this to another level. ANKR is currently at approximately 100 people strong, and they are looking to hire another hundred people, so growth is coming.
Do your due diligence, look at fundamentals and technicals, and with a strong social following, I'm expecting great things shortly, least of all this imminent move.
GLTA, not investment advice and follow macro trends. Feel free to comment and let me know what you think.
Road to $2.25 :)I found this coin is very very undervalue and easy road to $2.25 ($20B mkt cap)! ANKR just broke out & reach .21 happened 3 days ago. Currently retesting at .15 which is great time to buy. Look at green circles between last January and today (Nov/Dec). So, this looks almost similar to last January and I hoping this could be happening any time soon :) BTW, this is NFA.
An update for my previous analysis...ANKR seems to be resting within the red ellipse with respect to the last cycle; a good pump up to a high of $0.5 seems likely in the coming weeks. If we follow as similar as we have so far, we could expect the coming run to look roughly like the black path. The red checkmarks denote ANKR's pivotal points when compared to how it has moved with respect to Bitcoin since launch.
BTC Chart: