ANKR near to break out triangle#ANKRUSDT
$ANKR had 86% increase and touched all targets of last analysis ✅
now price is inside a triangle pattern that if break out from this pattern price can have another leg up to $0.17 and $0.21.
break down from lower line of triangle can drop price to descending support around $0.087.
ANKRUSDT trade ideas
ANKR/USDT 4HOUR UPDATEWelcome to this quick ANKR/USDT analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- ANKR/USDT is bullish trend conform retest buy the dip and green zone
Entry:- buy green zone
Traget:- 20% to 30%
Stoploss:-100 moving average downside candle close
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages
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ANKRUSDT Technical Analysis⏳ Spot
💎 ANKRUSDT has formed asymmetrical triangle. The price has got rejected from the support line several times, it might go to the support line one more time before breaking above the triangle. After the breakout we can expect a bullish move
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💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 0.13328 to 0.11667
☕️ TP1 0.15255
🍺 TP2 0.18458
🍻 TP3 0.21839
🍾 TP4 0.25000
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.11667 to 0.09651
Good Luck 🎲
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ANKRUSDT Technical Analysis⏳ Spot
💎 ANKRUSDT has formed asymmetrical triangle. The price has got rejected from the support line several times, it might go to the support line one more time before breaking above the triangle. After the breakout we can expect a bullish move
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 0.13328 to 0.11667
☕️ TP1 0.15255
🍺 TP2 0.18458
🍻 TP3 0.21839
🍾 TP4 0.25000
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.11667 to 0.09651
Good Luck 🎲
Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a profitable day 😊👍🏻
ANKRUSDT - LONG SETUPANKR looks strong despite the market decline. price broke out above a large cup and handle on the daily timeframe and currently made a nice correction to retest previous resistance as new support in confluence with the 0.618 fibonacci. On the 4hr timeframe if price closes back above this horizontal resistance and back above the EMA's we will open leverage long on the retest of this zone. Remember we have to first see a 4HR CLOSE above this zone to validate this setup.
ANKR/USDT { ANKR } - BULLISH SETUPANALYSIS 🔎
- ANKR/USDT brokeout above the symmetrical triangle's inclined resistance as expected from my previous analysis.
- The market hit a swing high.
- It's currently undergoing retracement.
- Price is testing the symmetrical triangle's inclined resistance + horizontal support level + key fibonacci retracement zone (0.618 - 0.702 - 0.786).
- This is your buy zone.
BUY ENTRY ⬆️
- Current market price.
TARGETS 🎯
- Horizontal resistance level (@0.16400).
- Horizontal resistance level (@0.18206).
- Horizontal resistance level (@0.21662).
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.
Ankr extremely bullish macro triangle breakoutAfter a massive bull run, Ankr was consolidating for 8 months, and broke out from the giant triangle with largest ever volume. On Nov 10 wee saw a perfect retest of the previous resistance.
Now the price has stabilized around 0.12. We may see continuous flat movement and relaunch anytime soon.
First target is previous ATH at 0.216.
A dream target would be with the current market cap of GRT or even LINK. I put my target between 1-2 usd, amid an upcoming Web3 season.
ANKR HUGE SYMMETRICAL TRIANGLE! READY TO FLY?ANKR has been consolidating between a huge symmetrical triangle from Mar till today! It has been trying to break the resistance and we have several hits, I believe BULLs are getting ready now to move $ANKR and what best time would it be then this mini alt season?
We have a spike on volume as well so it seems good to me! Also, RSI turning bullish and MAC.D neutral so I believe in a few days ANKR will get ready to break the resistance.
However, always keep in mind, road to profits is always bumpy, market makers know how to manipulate the market and shakeouts on ANKR are possible, but in the long run I am very bullish on ANKR!
Buying ANKR here and waiting for the proper breakout.
ANKR to 0.2?ANKR is breaking up this triangle 📐 and if successful I think there is chance for run to 0.206 and even higher. Ankr , come on!🏃♂️
ENTRY : local high @ 0.13693
SL : local low @ 0.1246
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 0.206
RRR : 5.6
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.