ANKRUSD trade ideas
Bullish Sign if ANKR can Close Above 1.618 Fib LevelOur July Monthly Candle will be close in a little under 6 days. If the crypto market and ANKR specifically can continue the current bullish march and close the month candle above this key Fibonacci level then that will be a signal for a bullish continuation!
Will post updates!
Short!This coin is a perfect example of a '' Pump and Dump Coin''
With these regulations of price transaction being upheld by one huge pump..
As long as the Coin does not see big interest in investers in the next 30-60 days... We will see a downtrend continue to happen...
The probability of making a bull Run win is around 15%
Reason said... They must update the coin with more reasons why this coin would be a good long term coin to hold onto... or updates , exc.
So there is 85% this coin is going to the shitter
and a 15% chance the coin could have another bull run...
TRade at your own risk!
ANKR Moon Potential The potential of the coin is amazing. We have a weekly stoch RSI cross forming. Weekly stoch RSI is a very powerful signal.
ANKR current statistics
- Ranked #97
- Already on Coinbase & Binance
- Ankr marketcap is 750 Million
- 6,996,232,711 out of 10,000,000,000 circulating supply
Lets compare marketcaps...
Vechain is worth $8 Billion
Matic is worth $12 Billion
Ankr is worth $750 Million
Also very similar charts ^
A $1.37 Ankr price would = 9 Billion evaluation
A million is $1,000,000
A billion is $1,000,000,000
A Trillion is $1,000,000,000,000
Unique Use Case
- Ankr goal is to provide value in the cloud computing industry. Very ambitous. Cloud computing is a growing industry. Google & Amazo.
Ankr Team
- Comittee of 16 advisors. All have credible backgrounds. I even met one person from the team. Very credible people.
This is not a get rich quick coin. This is for a true investor that seeks value in return. This is alternative to coins such as ADA, VET, & XRP that already proven their value in use & price. I believe Ankr has true potential to succeed and be a top #25 coin.
With such a microcap. This coin weilds very violatile adjustments. This can happen very quick. Especially now since it is listed on Coinbase. Moon city is the goal. Diamond hands.
BULLISH WEEKLY SIGNALS FOR ANKRThis is the weekly chart for ANKR/USDT. Look at the RSI. It's showing that ANKR is very oversold and our two lines crossing and moving upward is a bullish signal. It's also looking great on the daily charts. Let me know what you think! I will update you as the trade progresses. I believe this momentum (If BTC does well this week) will take us back to .19-.23 cents... This will be the fourth time we run into this resistance. Again, if BTC goes back to a bullish trend, I think we can finally break above this resistance.
Bullish Engulfing Reversal Pattern - Price Increase InevitableThe following is not financial advice rather it is my strong opinion that regardless of any short term drops, this in my opinion is a very bad time to short this coin or BTC for that matter. My indicators have detected a bullish engulfing pattern with a double head and tail. These coins are going to increase in price and by the middle of next month we will be wishing that we had mortgaged our homes to buy ANKR.
ANKR daily looking primed ANKR
Daily chart here looking like we have a bull flag / triple bottom in the making. Targets will be back to .13/14 range of resistance
From there back to the all time high of .21 then the .618 fib. I feel when we get to that point it runs we will break above the top of the Fib an run towards $1 on the spike/wick before we come back down to the mid .60 range on the first burst. This should start to come to fruition over the coming days and weeks. Unless bitcoin gives us all a middle finger.
#ANKR down to .05 cent area.I know people don't like downtrends, but I see this as a great opportunity to gain money back if you didn't HODL and sold with the last #ANKR spike. When BTC inevitably dips (in my opinion to about 9k) #ANKR will see a similar dip percentage wise. That would take us to about .05 or between a 70% and 80% drop from ATH. Rather than be upset about it or throw a fit, I reckon it's a great area to load up on some coins. Inevitably #ANKR and #BTC will reverse and loading up at great prices will bring a healthy return. #ANKR being the ONLY coin with Cross Chain technology means that it has HUGE upside potential. Additionally, #ANKR being listed on CoinBase (I don't like them either) is major because every coin listen when them has eventually hit 1$ in value or more (albeit temporarily for some). Lastly, #ANKR was just officially listed on Kraken (Again, I don't like them either), which is a huge new market of buyers without access to other Exchanges, which will inevitably drive the price up. So don't Fret.
ANKR: Possible BreakoutANKR just broke out of the descending channel today, reaching a high of about $.165. It might re-test previous resistance of the channel as support. I'd expect a bounce if it holds. If Bitcoin dumps, then ANKR will most likely fall back into the channel.
In my opinion, ANKR is still undervalued. The STOCH RSI on the 1D chart has plenty of room to go up right now.
This is not financial advice. These are just my ideas and opinions.
$ANKR Technical SetupThere is a beautiful bull flag forming on the daily chart. This means the move that comes from a break of the upper trendline will probably be to the upside.
It breaks out above 0.200 today and will target 0.250 and 0.300 when it does so.
Keep in mind - there is a ton of room in this thing - it could take some time to break. You never want to front run a technical setup - wait for the breakout and the daily close as confirmation.
When it does break - I'm expecting the move to play out over 1-2 weeks. This pattern is about a month and a half old - so there should be a pretty damn good move out of it.
$ANKR -> .30 by 6/10-6-15As seen in the chart ANKR has been being squeezed for a couple months. We just finished completing a higher low during the completion of an inverse head and shoulders..if we can break through the downward resistance trend line and successfully bounce off the retest then I believe we will do the same with the next 2 levels of resistance on our way to .30 by mid June!!!
Not financial advice just my opinion on ankr in the next coming weeks.
Make sure we have atleast 1 1hour full ranged open and closed candle above the downtrend resistance line before going long on ANKR. If we don’t get a full open and close candle it could result in a false break and then a retest of the bottom uptrend support line and a break below could result in retest of .13, .12, & .11
Best of luck & happy trading