ANKR/BTC (accumulation zone reached)ANKR / BTC
Accumulation zone reached ...
From this area price moved in past from 15 sat to 156sat (About 940% gains !)
2 Secnario for this strong fundamental coin :
1- bullish wave already started as we can see bulls try to pump it (or test pump👀)
2- the price will go again to accumulation zone or little below for hunting stoploss then moon after
🚨 For new traders this is low satoshi coin be careful every satoshi move up or down the price will move strongly in your portfolio
This chart for education purpose
Trade at your own risk
Best wishes
Ankr
Ankr Network (ANKR) Challenging ResistanceOn Dec. 16-17 we can see a strong bearish candlestick pattern on the ANKRBTC chart.
This pattern was quickly invalidated the following day with a strong, high-volume bullish candle.
Now we have prices trading above EMA10 and EMA21 while aiming higher.
This one is starting to look good.
Support is found on the blue and red dashed lines.
The next target is marked with a magenta dashed line.
This is not financial advice.
Good luck!
Namaste.
ANKR/BTC back to weekly support againANKR / BTC
price dropped again to weekly support
Falling wedge spotted
These are Bullish Signs but not enough
Take into consideration
this is low satshi coin = mean pump is hard due to heavy sell orders placed
Also its x6 times it visits this support = bulls exhausted
Not a buy area until the bulls prove them self here with strong bullish signs and price became above ema20 at least
Otherwise if bulls lose this support there will be parabolic drop in ANKR because next support is far
always have a plan dont trade blindly
have a nice day
Good luck and happy trading 🌹
✳️Ankr Network/USDT (20/11) View + Trading Plan #ANKR $ANKRANKR has risen quite sharply from the 0.008$ support zone and is heading towards the 0.012$ zone, which is a very strong resistance zone and the ANKR will need very strong buying power to break it.
If ANKR can conquer this zone, it will quickly rally to 0.016$ or even 0.018$
📈BUY- LONG
-Buy close to 0.008-0.0085$, SL if B
📉SELL-SHORT
-Sell: 0.0115-0.0120$, SL if A
-Sell: 0.0155-0.016$, SL if A
-Sell: 0.0180-0.0185$, SL if A
♻️BACK-UP
-Sell close to 0.008-0.0085$ if B, SL if A
-Buy: 0.004-0.0045$, SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"