Ankr
🔥 ANKR Massive TriangleOver the course of 9 months or so, ANKR has produced a massive triangle pattern.
With the market showing bullishness, there's a high chance that this triangle will result in a bullish break out in the near future.
A couple of days ago the break out got rejected, which could indicate some weakness in the near term. However, if we see some more green days on BTC I'm expecting a bullish break out within the next week or so. In case BTC wants to go down more, expect strong support at the bottom trend line of the triangle.
First target is placed at $0.13.
Happy trading!
ANKR strong bullish potentialANKR had 2 consolidation phases with the 1st one end of last year and the second one currently since April.
Prices tend to the end of this consolidation but nothing is confirmed yet. MACD daily turned green and some bullish volumes are coming in. Between current price and 8ct area should be seen as a buying opportunity to target 20ct as 1st (In breakout is confirm others target are higher).
Game of patience but when it will break higher the move should be strong to ride.
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 make triangle in 4 hour chart and allready retest it and trending on 21ma.
Entry:- cmp and more upside the 21 ma
Traget:- 15% to 20%
Stoploss:- 0.0922
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.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
🆓Ankr (ANKR) Oct-20 #ANKR $ANKRANKR is retesting the 0.095$ zone after breaking out from this zone. If it doesn't lose this zone, it will keep rising to 0.115$, 0.135$ and 0.16$ zones in next days. But if it loses this 0.095$ zone, it will fall down to 0.08$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.095$ zone
🔴Buy : 0.095
🔴Sell : 0.115 - 0.135 - 0.16
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.095$ zone
🔵Sell : 0.095
🔵Buy : 0.08
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
ANKR - Getting Ready To Explode!ANKR broke out of a major descending channel in August and we are now in bullish territory. Price looks to be making a big ABC correction for a move to the upside.
We can either make a rejection at the 0.0725 level or we can go further down to the -0.27 level which falls in line with the previous lows, and the support of the bullish correction we're in.
In the meantime we can look to take ANKR down for the short term.
ANKR try to break out#ANKRUSDT
$ANKR broke out from long term descending resistance and confirmed it as support near the long term ascending support. now with price increase we can see another attempt to break out. RSI and MACD support the bullish trend, price have to stay above $0.083 to increase more.
Matic- Heading back to ATHHello,
Today I have averaged my holdings during the dip back to support.
I have bought more Matic on the principle I believe the price will reach the ATH again during this cycle.
I will be swing-trading along the way selling 33% of the holdings at each resistance with the idea of buying back at support. This way I can accumulate more Matic while protecting my capital.
First target- 1.632
Second target- 2.448
Good luck if you join
ANKR- First buy Hello,
Today during the dip back to support I purchased my first bag of ANKR with the purpose of selling 50% at each resistance on the way back up to all time highs.
If the price pushes through resistance with ease, I will be monitoring the price with a tight SL.
Entry- 0.08920
First Target- 0.12530
Second Target- 0.19196
Good luck if you join
ANKRUSDT Technical Analysis
⏳ Spot
💎 ANKRUSDT has formed a symmetrical triangle and the price has got several rejection from the green rectangle . The support line of the triangle has been pushing the price higher. The price should break above the triangle and go higher.
🏁 Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.09800
☕️ TP1 0.18000
🍺 TP2 0.07000
🍻 TP3 _______
🍾 TP4 _______
🍷 TP5 _______
🍸 TP6 _______
🍹 TP7 _______
🎁 TP8 _______
🚫 SL 0.04800
Good Luck 🎲
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ANKRUSDT🌟ANKR is currently in a bearish state in lower time frames but if you check it you will see the power of bears are getting weaker and weaker over time and that can turn us back into the bullish cycle
🌟we don't hesitate to enter position as our exit point is even more important compare to our entry point in profit rate
🌟we will soon face a higher ATR from this coin and make profit in our favor from it
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Don´t expect fast moves until mid OctoberLooking at the 2013 past cycle (which had a similar behavior of this year cycle) we can see that we moved explosively in the last 4 weeks before ATH.
And that could happen this time as well, with BTC lateralizing for 1-2 Months before breaking 64k and reaching the top of the cycle.
In the meanwhile, strong altcoin projects can increase in value compared to BTC, so think wisely in which projects you are investing.
My top projects are: ADA, DOT, SOL, AVAX, LINK.
My small cap choices are: VET, ANKR, COTI, GRT, KMD, KSM, SRM, THETA, OGN.
And I don´t like XRP but I have 1000$ that I bought at 1$ for speculation only!
Check my BTC Dominance analysis below.
ANKR - potential trade 🚀🚀After bitcoin and all altcoins corrected, the market is in a state of consolidation, which is quite normal. Usually, after a strong move, the market needs at least a few days to go up or down again.
Many coins are now forming Long patterns.
- Accumulation
- Compression
- Higher lows
- Massive drop
- Large number of liquidations
- Global uptrend
All indications point to an uptrend. Best buying opportunity after breakdown and retest of key level as support.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade, a breakdown of this trend line will be the best point to buy.