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Ankr / TetherUS

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ANKRUSDT trade ideas

3 growth scenarios for ANKORHello everyone! I suggest you pay attention to #ANKOR. On the daily and weekly timeframes, a inverted head and shoulders pattern has formed. The target level for this pattern is at 0.05$, but there are a few possible price movements. The first possibility is the price dropping to the nearest strong Fibonacci level of 0.382, from where you can consider opening a position with a target of 0.044$ and a potential profit of 63%. The second possibility is entering after the price returns to the area above 0.03$, with the same target and a potential profit of 41%. The third possibility is the completion of the head and shoulders pattern. The target here is 0.05$ with a potential profit of 59%. This is not financial advice, all actions taken are at your own risk!
Long
by neverovv
ANKR trade entry set upWeekly time frame BINANCE:ANKRUSDT performed very well in the last bull run comparatively to the market. After a 90% decline from its ATH, ANKR formed a very clear support at the 0,017$ zone. In the beginning of 2023 ANKR witnessed a very strong momentum with volume and recorded a +285% increase. Since then ANKR evolved within its range Daily time frame After bouncing back on the support line at the beginning of 2023 and breaking the declining resistance from ATH alongside a volume increase, prices were rejected at the top of the range. ANKR is now consolidating below a multi-months resistance on the lower area of the bigger range. We can use this consolidation as a good trade entry set up if ANKR breaks it. This gives us an interesting risk, reward ratio. Strategy Buying on a daily close above 0,028$ Objective 1: Resistance and double bottom target at 0,04$ (+40%) Objective 2: Top of the range at 0,057$ (+100%) Objective 3: ATH at 0,167$ (+480%) Invalidation Mental Stop: below the consolidation at 0,023$ If prices retrace to this level we will wait for the daily closing price then set a Stop loss ¼ or Risk below the daily close price. Risk = Distance between Mental stop and entry point. Let me know what you think!
Long
by pollux3000
1
ANKRUSDT | 1W 👀There's a good chance of price rebound from current levels as the coin is trading in an area of strong resistance. If we see a correction, it might be a good opportunity to buy back some of the coins. - Not financial advice, trade with caution. ✅ Stay updated on market news and developments that may influence the price of Ankr. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking. #Crypto #Ankr #Investment #ANKR
by Nyskohuz
ANKRUSDT.1DBased on the given market data, ANKR is currently trading at a price of $0.050 against the USDT. The currency's 4-hour Relative Strength Index (RSI) is at 60.34, which indicates a slightly bullish trend. The Moving Average Convergence Divergence (MACD) for the same period is 0.0018, which is also a bullish signal. The Bollinger Bands (Bb4h) at 0.050 suggest that the price is trading within the expected range. The support levels for the 4-hour time frame are $0.046, $0.039, and $0.032, while resistance levels are at $0.057, $0.060, and $0.068. For the daily time frame, the RSI is quite high at 81.84, which may indicate an overbought condition, while the MACD is at 0.0058, suggesting a bullish trend. The Bollinger Bands (Bb1d) at 0.052 also indicate that the price is within the expected range. The support levels for the 1-day time frame are $0.038, $0.027, and $0.024, while resistance levels are at $0.057, $0.072, and $0.085. The 7-day RSI is also high at 81.60, indicating a potentially overbought condition. The MACD for the 7-day time frame is 0.0036, indicating a bullish trend. The Bollinger Bands (Bb7d) at 0.053 indicate that the price is within the expected range. The support levels for the 7-day time frame are $0.028, $0.020, and $0.016, while resistance levels are at $0.058, $0.087, and $0.10. In conclusion, ANKR is showing bullish signals on the 4-hour, daily, and weekly charts. However, the high RSI on the daily and weekly charts may indicate that the currency is overbought, which may result in a price correction in the near future. As always, it's essential to consider other factors and conduct a comprehensive analysis before making any investment decisions.
by MarsSignals
ANKR Unlocking Potential: The Perfect Entry Point for Profits 💰ANKR Coin: Short Fundamentals, Recent News, and Disclaimer Fundamentals: Ankr Network (ANKR): A blockchain infrastructure platform that provides decentralized cloud computing services. Launched: August 2018. Market Cap: ~$140 million (as of Feb 23, 2024). Rank: #224 on CoinGecko. Unique Features: Shared node infrastructure: Offers a cost-effective way for developers to deploy blockchain nodes. Containerized deployments: Enables faster and more efficient blockchain application development. Staking: ANKR token holders can earn rewards by staking their tokens. Recent News: Feb 21, 2024: Ankr announces partnership with Binance Cloud to offer node hosting services. Feb 14, 2024: Ankr integrates Chainlink oracles to enhance data security for its DeFi applications. Feb 7, 2024: Ankr launches a new staking program with attractive yields for ANKR token holders. Jan 30, 2024: Ankr announces the upcoming mainnet launch of its Ankr Protocol. Disclaimer: This information is for educational purposes only and should not be considered financial advice. Cryptocurrency investments are highly volatile and carry significant risks. Do your own research before making any investment decisions. Additional Notes: ANKR price has been following the broader market trends recently. The recent news highlights Ankr's focus on expanding its partnerships and offerings. It's important to be aware of the risks involved in cryptocurrency investments before making any decisions. I hope this information is helpful! Please let me know if you have any other questions.
Long
by MoonTradingForecast
ANKR LOOKS BULLISH (12H)ANKR appears to be inside a large symmetry. Now it looks like we are in the middle of a bullish H wave of this symmetry. Because of the breadth of this symmetric pattern, we only discuss the H wave. While maintaining the green range, it can move towards the red box. Closing the daily candle below the invalidation level violates the analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Long
by behdark
ANKR/USDT Primed for a Bullish Journey? 👀🚀ANKR Analysis💎 Paradisers, it's time to spotlight #ANKRUSDT, where current trends are hinting at a promising bullish leap from its demand zone. 💎 A closer look at #ANKR's recent movements shows that after facing resistance at the $0.03222 supply zone, it has found support at $0.02143. Currently, as it gains momentum at a slightly higher demand level of $0.02341, there's a strong chance it might surge, potentially breaking past the $0.03222 mark and aiming for the higher supply zone at $0.03790. 💎 As proactive traders, we're always prepared with a plan B. If #ANKR fails to initiate the bullish rise from the $0.02341 level and dips instead, we'll adjust our tactics. Our focus would then shift to expecting a bullish rebound from a deeper demand level at $0.02143. However, a drop below this point could signal a trend towards further downward movements.
Long
by MyCryptoParadise_Simon
1
✴️ Ankr Network Will Go For A New High (Easy 160% Potential)Ankr Network (ANKRUSDT) will grow more than 160 percent in this upcoming bullish wave, this is only a small portion of the full potential, being conservative. We have long-term higher lows. The latest major low happened December 2022; The higher low happened in August 2023. ✔️ The rest is very easy to see and predict. You know what, I should give you the full target... The January wave produced 315% growth. 👉 The next wave will produce around 380 to 400% or more. Namaste.
Long
by AlanSantana
3