Ankr
🔥 ANKR Breaking Out Of Massive TriangleA round 10 days ago I made an analysis on ANKR and the huge triangle it was trading in.
It appeared that ANKR had to re-test the bottom trend line of the pattern before taking off. Over the last couple of days ANKR has seen a very strong bullish move towards the top resistance of the triangle. With altscoins performing very well as of late, it's likely that ANKR will break out of the pattern in the coming days.
First target is still at $0.13, I've added a second target at $0.15 in case we go parabolic like some other coins over the last days.
Happy trading!
🔥 ANKR Breaking Out Of Massive Triangle: UpdateYesterday I made a analysis on ANKR and the break out from the triangle pattern.
The break out was swift and deadly, all targets reached within two hours, with the top around $0.18.
After this move, ANKR has been steadily trading down. I'm expecting the next major area of support to be around the 0.786 Fibonacci retracement, see the pink area.
In case of a reversal, I'm targeting the blue area between the 0.382 and 0.5 Fibonacci retracement lines.
Happy trading!
ANKR/USDT : Breaking the pennant, Possible 300% growth !BINANCE:ANKRUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
#ANKR is moving in a bullish pennant which is almost reached to the apex of the pennant and it can lead the pair above the pennant after 4 failed breakdown attempt on the lower trendline of pennant.
The height of the flagpole is measured around 2653% which is going to make a target with more than 300% possible profit after breakout confirmation !
Now let's head to our data, We'll check #ANKR's status with Technical indicators and oscillators; classical support and resistance, Fundamental analysis and some Insider info 👇🏼
📚 Support and Resistances :
- 1st support zone is standing right below the pennant located at ( $0.08130 - $0.07420 ).
Support can also can form the fake out for bear trap if the breakdown happens, So we won't take any SHORT till we get a confirmation below this zone.
- 2nd support zone will be the target for bears below the 1st mentioned one; It's located at ( $0.03520 - $0.03177 ).
- There is only a resistance zone before reaching the ATH's resistance, This zone has formed by a 4 candles order block at ( $0.15391 - $0.16762 ).
- The ATH's resistance is standing at $0.19070.
📚 Technical Indicators and Oscillators :
-MACD : Histogram is gaining bullish volume and signal line is breaking above the bearish zone, Also MACD line is standing in bullish zone currently.
-Volatility : There's a bullish crossover on the volatility lines and it's a buy signal for swing traders.
It's better to wait for next daily candle !
-EMA100 and EMA200 : Recently, #ANKR has broke above the EMA100 and now it's supporting the movement and also EMA200 is impacting the movement in macro view as support !
-RSI : RSI is suggesting that bulls have the upper hand, But as it reached the buy limit zone and Bollinger Bands higher in volatility's oscillator; It's better to wait for the breakout above the pennant or a hold at the bottom of pennant or support zone.
-VPVR : #ANKR is breaking above the visible range's pressure zone and after a hold above the POC, It'll confirm the bulls strength and we can enter the pair immediately.
📑 Conclusion :
#ANKR is moving in a bullish pennant, The main target of pennant is $0.29000 and the targets of FIB extension are $0.24660 and $0.36300.
Based on technical indicators and oscillators, Bias is mostly bullish, But we need to wait for a breakout confirmation before any taking position !
🔴 Any breakdown below the support zone, Will cause a drop to the middle of flagpole on daily order block...
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Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
#ANKR 4HR Chart - DCB Possible?Ankr just had a nice run up but it looks like a Dead Cat Bounce (DCB) may be at play comparing it to the last pump. Remember the 786 fib line with a DCB.
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
ANKR Breakout and 1st target reachedANKR stayed above 8ct as stated in previous idea this area was opportunity to buy.
Today buyers area rewarded with a big move this morning completing the 1st target area. Now i see 2 plans :
1 : Prices goes crazy and break 20ct, in this case i would see 25ct and 32ct area as 1st resistance.
2 : Prices confirm the breakout on closure today i would then look on pullback into the previous resistance bellow 13ct.
For now in my opinion it is too late to go long as prices will be very volatile today, i would wait for a break of 20ct and try to catch a pullback or wait for a return below 13ct.
Let's see how it will plays out, i hope someone got this move and enjoy some nice profit.
🔥 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.