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Long on $ANKRHello Traders and Cryptocurrency enthusiasts, Today we have $ANKR Network Token, a decentralized node hosting and staking platform for almost every blockchain. Technical Analysis: Here I believe we had a slight pull back after the correction as people continue to try and get the 'bargain' price. I had shorted my original position and have now accumulated some more $ANKR tokens as well during this correction, which has been quite nice. I believe based on the crawling Stochastic RSI reaching above the levels of 32 on the buy signal and the MACD on the 45m chart, we will see at least a short term long here. As you can see the Stochastic RSI is increasing along with the MACD at the current levels of (-0.00068115) getting close to a convergence (signaling a reversal) when it should have gone bearish, this normally has indicated to me in the past about when something is going to potentially rise if it breaks the resistance of .15. Also looking at the 12h chart we have bottomed out for a little while now indicating that we are nearing a break-out. This is not financial advice and please do your own research but overall, I am LONG on ANKR and believe we will see a new ATH very soon. Fundamental Analysis: ANKR Network is a cloud computing company that provides hosting solutions for various use-cases involving blockchain technology. For instance, one of the new features that I particularly like (and why I think it is good to hold on to at least 25,000 of these tokens) is that you can now use ANKR tokens to run an ETH validator node and receive ANKR as rewards. This basically gives anyone access to Ethereum validating and allows anyone to delegate to your node as well. I hope this provides some insight on why I am still LONG on ANKR after the correction, as I also believe we are in the next wave of the Elliot Wave and potentially could reach the next ATH. Coins like this that are in high-demand have a tendency to get a lot of pull back due to market manipulation until all of the whales have accumulated as much as they can, their goal is to try and make people panic sell, where they then eat up the low priced tokens, and eventually they let it ride once they have accumulated enough. I've seen this pattern many times, specifically with 'The Graph Network Token' in comparison which had a lot of pull-back before finally shooting up to an ATH of around $2.30, then pulling back and correcting again. If this helps anyone and you would like to send me a tip, feel free to do so at the following addresses. Ethereum: 0xc7AF3A6f62066577C98Fdb3c119dE746df5e7B16 ANKR: 0xc7AF3A6f62066577C98Fdb3c119dE746df5e7B16 Bitcoin: 3GfveQJm1pD9gzodbJMmbHUvxKE8DkEZ3M DOGE: DCoKzg4w3rQ214pCTticpESpoEp6Qyz4PY DOT: 16Jhiqsp7CoqeNgSP5rUrrguuYoBJ1VrcsrcrDfZs7DzXMNh ADA: DdzFFzCqrhskn5Cs23cUFskLKxAVskewLn5o6h7ZYTLSHwtTFGkv9TS6HiUqJ97teSQHLmmQwFt3bkQMg94s5sKRt4TDt8rBYmYmrVzA
COINBASE:ANKRUSDLong
by Numetric
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
Long
by akillizkb
1
ANKR/USDT can still increase!Hi every one ANKR / TETHERUS chart is speaking it self! ANKR/USDT is in a bullish flag which has not broken yet and there are also Hidden bullish Divergence (+HD) on RSI which will help the bullish trend to continue. If the break out happens there can be a bullish movement as big as the flag pole! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
24
ANKR/BTC bull flag current update...Exit or hold position now?#ANKR/BTC Chart Update :- #ANKR currently trading at 245 Satoshi Now Trading below support level. If you don’t feel good then exit but One more support at 236 Satoshi So I can take some more risk. If any 6 hours candle close below 235 Satoshi then I will exit from this trade. Support:- 236 Satoshi Resistance:- 307/350/418/481 Satoshi Don’t wait for my updates if any 6hours candle close below 236 Satoshi. You can exit without any emotions. Please click like button and Appreciate my hard work. Must follow me for latest crypto real time updates . Thank you.
Long
by CryptoPatel
5
ANKR/BTC Bull flag TA Update#ANKR/BTC TA Update ( follower request ) #ANKR now bullish because now broke out bull flag resistance . So we can buy some for short term gain. Never invest too much in this tike because already 20x up from bottom. Entry:- 260-280 Satoshi Targets:- 307/350/418/481 Satoshi Stop Loss:- if any Big time frame candle close below 250 Satoshi then strictly exit. No emotion. Support:- 250 Satoshi Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto reap time updates. Thank you.
Long
by CryptoPatel
11
My first post and idea here.Maintaining Fib levels after reaching what I believe to be an inflection point. MACD on the 4 hour crossing to what seems to be a bullish cycle, possibly converging on the daily. Fundamental Analysis: ANKR is a cloud computing provider that specifically focuses on hosting blockchain nodes, essentially allowing the layman to begin running an ETH Validator node for a minimal 2 ETH as an insurance deposit. I can see this becoming a gateway to what I would consider the AWS/GCP/AZURE of blockchains. As a developer, I plan on using ANKR services and look forward to seeing more improvements to come. Thanks for checking out my idea, if you have any thoughts, I'd love to discuss this service and token further below. I would love to hear others thoughts and opinions, I personally think the fundamentals of ANKR are airtight.
BINANCE:ANKRUSDLong
by Numetric
2
Possible 15-40% Gains on ANKROverview - In short would wait until price touches the triangle support(red) for lower risk but if the crypto market pumps, this could give ANKR the boost it needs to see big gains long-term. Let's start from the top! Price Chart - 1hr chart with 20/50/200MA's to help indicate future supports or resistances - As of now, MA's look terrible as I don't tend to trade when the 200MA(red) is on top of the lower MA's. - Quick note: If the 200MA is above lower MA's, this means trend is bearish - If price breaks through the 20MA clearly may have enough momentum to break 200MA - Bullish triangle is a possible pattern as the resistance line(green) has a larger angle and support line(red) is close to horizontal - Break below $0.147 you don't want anything to do with it at this time - Overall been seeing breakouts occur when the 20MA and 50MA come in contact with each other so it's possible that's the case here - Risky trade, big profit, would wait till support(red) is touched before making an entry. But does have the possibility of breaking out before this occurs RSI - Showing an inverse head&shoulder pattern which is bullish and could cause a breakout to the first major resistance at $0.182, break that and could head towards the current ATH MACD - Not a fan of the signal line(blue) crossing MACD(orange) as this indicates it's time to sell. - 4hr MACD looks a tad better Stoch - 4hr stoch value is indicating it's time for another run up - Last time stoch was in this range, price rose 25% 4HR Chart - Text explains chart Extra Info - Learn about ANKR here: www.ankr.com - ANKR VOLUME: coinmarketcap.com If you enjoyed this analysis or learned something new, please LIKE this idea 👍 FOLLOW for important updates for this coin and helpful trading strategies 🏆 Would also like to know your thoughts! Remember this is not financial advice , however, it is an overview of what I am seeing in this coin's price action. -Happy Trading MoneyGrind
COINBASE:ANKRUSDLong
by MoneyGrind
7