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. **
--------------------------------------------------------------------------------------------------------
Ankr
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
ANKRUSDT(ANKR) Daily tf Range Updated till 11-08-22ANKRUSDT(ANKR) Daily timeframe range. a clean chart and a decent alt. saw some progress on the fundamental side which also helped it on the price action. altho it had a slow bleeding through May 2022 which is not a good prop but after a long consolidation it retraced back. volume here is optimal. means we could look for swing and range setups for a trade.
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
ANKR OpportunityHey folks, I am Nav!
With this account, I am trying to journal my trades. And I like to keep my trades extremely simple and uncluttered.
Please use the areas highlighted as support,confluence or resistance and plan accordingly & responsibly
If you liked my idea, please check others and follow for more!!
Cheers :)
ANKR Scalp short - Seller is pushing the price downReasons to take short
⭐️ BTC looks bearish
⭐️ Trend bearish
⭐️ Someone stopping the price
⭐️ 3rd touch
⭐️ Squeezing the trendline
⭐️ Volume at top
⭐️ 30 ATR
⭐️ Under VWAP
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
#ANKR/USDT 1HOUR UPDATE BY CRYPTOSANDERS !!Hello, dear traders welcome you to this ANKR/USDT 1hour chart analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ENTRY:-$0.03610,$0.03690
TARGET:-$0.038,41,45,50
STOP LOSS:-0.03540
ANKR/USDT is bullish pattern and buy the green zone and LTF.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
ANKR - Massive Correction Complete! ✅ANKR gave us a massive impulse in 2021 and since then, we've been in a flat correction. We appear to have completed the correction and now looking for the next big impulse. All we need now is a catalyst to get the market moving!
Trade Idea:
- Watch for rejection of the structure level if we make it back down
- Alternatively, watch for a breakout of the descending red trendline and enter
- Stops below the recent lows
- Targets: 0.12, 0.21, 0.27, 0.35
Goodluck and do trade safe!
Will ANKR be able to break over the $0.10 resistance level?Bullish Scenario: ANKR could retrace back to $0.06 support levels. If ANKR manages to break over the resistance level at $0.10 after retracements, it will be bullish. With sufficient purchasing activity, breaking above the $0.12 price barrier will lead to a move towards $0.14 and higher.
Bearish Scenario: We don’t have a strong positive bias for the long-term because ANKR has been in a decline for a few months. If the $0.06 support level fails to hold, the price will sooner or later fall further to $0.05, $0.03, and even below.
ANKR/USDT - Potential 95% SetupHello Traders!
ANKR price has been moving in a wide range of $0.05950 - $0.09500 for a long time. At the moment there is a price squeeze between the rising and falling trend lines on the chart, the price is testing the MA100 on the daily timeframe.
Short-term purchases can be accumulated in the range of $0.07100 - $0.07900.
The targets will be the price levels of $0.11800 and $0.14800.
It's necessary to close the deal using stop-loss only in case of price fall below the price level of $0.05600.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice