Ankrlong
ANKR Closes Above Key Month Long Level of Resistance on Daily ChANKR has finally closed above a key level of resistance on the daily chart. This is most likely a signal that bullish prices are in the future. Only level of resistance left to tackle is the 20 week SMA. Will update this idea as time goes on.
LONG on $ANKRBullish divergence on the MACD on the daily, my signal just went off and I do not think we will see much of a downtrend, I had shorted at about .17500 cents and am now re-entering at .16500 since it is too difficult to tell if the market will actually short and I don't want to take the risk.
Seeing .14 or .15 cents at this point seems high unlikely with the demand at the moment, as nice as it would seem, I personally don't feel comfortable exiting my position at this point.
The daily Stochastic RSI is above .32 with a level of 53.64 at the time of writing this post and the MACD is just now showing a bullish divergence on the daily chart.
Daily charts are much more reliable overall than shorter time-frames and based on what I am seeing here, this is just the start of a much larger bullrun long term. Good luck trading.
ANKR possible tradeANKR has been forming this nice triangle and accumulating at a nice support level.
Right now we can see a nice breakout.
We need to see a test of our new support level... Then we can go in and wait for our profit.
Remember to set a stop loss!!
Red area - support level
Orange area - buying zone
ANKR CLEAN TECHNICAL ANALYSIS APRIL 14Looking at ANKR are on the 4hr chart price has made a large correction form a previous ATH
to a fib support area where a clean double bottom has been made,
price approached this area structurally with a descending channel with a 123 touch formation,
after the third touch price made an impulsive move to the upside and is currently making a
flag correction between the 718 and 618 fib range. overall anticipating price to make a
second touch to the bottom of this correction before making a continuation from the first impulse to the upside potentially hitting the 0.20 area
ANKR USD update for those who took the trade and target listHello guys on an update to my ANKR analysis from yestarday.
First of all if you did take a trade from my analysis than congratulation on 20-25% profit ! But remember the most important thing about trading is taking profit so this analysis is for information where I'm planing to close my trades.
As first target and closing part of my position at 61.8 retracment which is just above 0.1 $ the next resistance I'm seeing is at 127.2 fibonnaci extension and my final target is at 161.8 fibonnaci extension from where I'm expecting price of ANKR to decline to retest 88.6 or 78.6 fibonnaci levels.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
ANKR/BTC WILL MOON 🌑Hey hey my friends!
Pretty bullish forming pattern we have here on BTC pair for ANKR
Falling wedges have 68% chance of a move to the upside
We are not opening a position here yet, waiting for breakout with volume confirmation
Copy this chart and set an alert! We promise you don’t want to miss this
Take profit targets are red lines
Enjoy 🤓