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Ankr

When is it worth taking an ANKR long position ?Today, ANKRUSDT is trying to break through the trend line for the second time, which indicates a yearly downtrend. The previous attempt by ANKR buyers to break through the trend line failed in August 2022 and after that, the price fell by another -60%. Now it's too late to enter the ANKRUSDT long, it's better to observe the price behavior. If the buyers of ANKRUSD manage to keep the price above the red trend line and above the liquidity zone of $0.03-0.032, then a strong long to the area of $0.06 If sellers push the price below $0.03 again, then there will be no problem to fall even lower -30-40%, at least to $0.024. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
21
ANKR bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market. The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike. That is reflected in the crypto space in general as a bearish outlook. ANKR has a negative overall sentiment recently. I have the following price targets: ANKR/USDT short Entry Range: $0.033 - 0.039 Price Target 1: $0.030 Price Target 2: $0.028 Price Target 3: $0.024 Stop Loss: $0.045
Short
by BuySellMarketMaker
3
$ANKR squeezing hard, rejecting support, ready to tear!As usual i keep my TA fairly simple and to the point to make it easy to understand and easy to follow for anyone thinking about utilizing this information to help catch a great entry! NOW, for the meat and potatoes (: ANKR has been sitting in this large range for quite some time, and it is FINALLY getting squeezed out at the bottom edge of the trend. Even better, the support at this bottom level has been holding with integrity despite other coins breaking down recently. ANKR did not. it held support regardless of the PA occurring in the rest of the market. This leads me to believe ANKR is building up a lot of momentum to burst out of this trend UPWARDS for a long position entry. Personally ill be aiming to set 2 TP's upon break out. each fib level up will be a TP marker. As a safety measure, i set my TP right below these key levels. ill also mention that there are TWO ways i may set an entry for such a break out. 1. i will wait for the break out, allow it to pullback and retest the previous trend line as support, and enter at this point. 2. i will anticipate a break out to occur, and set a stop limit order above the trend line so that it will fill as ANKR breaks through, allowing me to get a late entry and still catch a majority of the break! hope this helps, and lets hope this breaks out soon!!!
Long
by AomoriAkuma
2
ANKRUSD rebounding on the 1D MA50. Levels to watch for a break.The Ankr Token (ANKRUSD) is on the 3rd straight green 1D candle following a near hit on the 1D MA50 (blue trend-line) which has been supporting since July 29. This rebound is coming after a pull-back and rejection on the 1D MA200 (orange trend-line) on August 12. Within the 9-month Bearish Channel, this has been the 2nd 1D MA200 rejection, with the first (April 02) causing a -77% correction. This time however there's reason to believe that the bearish trend will break as not only is the MACD on the 1W time-frame on a confirmed Bullish Cross since August 04, but the 1D RSI is on Higher Lows since May 12. Ankr is also on a Double Bottom since June 18. However the April rejection also had an initial rebound on the short-term, which however failed to break above the 0.618 Fibonacci. In order to claim that we won't get a new sell-off this time, the price needs to break above this short-term Resistance, which could happen to be at the same time as a new 1D MA200 test. Technically, a break above the 1W MA50 (red trend-line) confirms the trend shift from bearish to bullish on the long-term. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:ANKRUSDLong
by TradingShot
1
ANKR/USDT - Market Update 20.08.22Hello Traders! The price of ANKR has tested the downtrend line and resistance at $0.049, after which the reaction of sellers followed. Based on the analysis of senior timeframes we can assume the continuation of downward price formation, within which we can consider the option of medium-term purchases. Purchases can be considered in a price range of $0.015-0.026. The targets will be the price levels of $0.063 and $0.084 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
by UnknownUnicorn10064030
ANKRUSDT: Bullish reversal underway - what next?---- Mid-term Analysis for the next coming 4 weeks to 3 months - Based on Daily Chart ------- ANKRUSDT: Bullish reversal underway - what next? Last news : crypto.news Context - The Global Crypto market leads by BTC and ETH reversed a new bullish trend - ANKR today did a significant acceleration confirming a strong bullish momentum - We are watching at 0,06130 to bypassed to extend the bullish recovery in progress - Watch 0,035 as key support Market configuration - Graphical Elements : Graphical support = 0,035 &0,023 Graphical Resistance = 0,1050 & 0,01580 - Mathematical Indicators: EMA ( Exp Moving averages) are support at 0,035 = Bullish RSI indicator (below) is now above 50% with room to the upside = Bullish - Elliot & Harmonic Wave (Fibonacci): A last drop to draw the wave (c) B is now completed - the market is now bouncing off in recovery Fibonacci resistance of the wave = 0,06130 Fibonacci bullish wave target at 0,1050 Fibonacci bullish wave support at 0,035 Fibonacci bearish wave target at à 0,023 Conclusion Prefered case => As long as 0,035 remains support a larger recovery towards 0,06130 is expected with strong conviction, only a break above 0,06130 will open a direct recovery potential towards 0,1050 and 0,1580. Alternative case => Breaking 0,035 a new bearish attack towards the strategic support at 0,023
Long
by JeanJean1983
1