3 growth scenarios for ANKORHello everyone!
I suggest you pay attention to #ANKOR. On the daily and weekly timeframes, a inverted head and shoulders pattern has formed. The target level for this pattern is at 0.05$, but there are a few possible price movements.
The first possibility is the price dropping to the nearest strong Fibonacci level of 0.382, from where you can consider opening a position with a target of 0.044$ and a potential profit of 63%.
The second possibility is entering after the price returns to the area above 0.03$, with the same target and a potential profit of 41%.
The third possibility is the completion of the head and shoulders pattern. The target here is 0.05$ with a potential profit of 59%.
This is not financial advice, all actions taken are at your own risk!
ANKRUSDT
first HH is a opportunity to buy ANKR
we need to see first breakout above 0.6$ in ANKR . if that happened with good momentume that a good opportunity to buy your first target is 0.099 $ - 0.18 $ and maybe will go more that's depend on btc
be patient and don't be greedy
this is my analyse it's not a recomandation to buy or sell !!
ANKRUSDTANKRUSDT from my perspective, is a currency that I believe has potential on a medium-term basis. I have identified key resistance areas that are likely to turn into support once reached, and the price should respect these levels during corrections.
Please note that trading is done at your own responsibility; the above is merely my opinion.
ANKR ANALYSIS 🔮 #ANKR Analysis - BREAKOUT 🚀
💲💲 #ANKR was trading in a Symmetrical Triangle, and breakout has already confirmed and also the breakout of major resistance zone, expecting bullish rally.✍️ ✅
📊Current Price -- $0.05190
🎯Target Price -- $0.09106
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ANKR #Cryptocurrency #Breakout #DYOR
#ANKR/USDT
#ANKR
The price has been moving in a bearish flag pattern since July 2022
It was based on a strong support area at 0.01800.
Moving Average 100 was also reviewed.
We are about to break the downtrend of the bearish flag, and therefore we expect the price to rise to the specified areas.
The current price is 0.02670.
First target 0.04000
Second target 0.05400
This represents 250% of the current price.
Pay attention to correction areas.
ANKRUSDT.1DBased on the given market data, ANKR is currently trading at a price of $0.050 against the USDT. The currency's 4-hour Relative Strength Index (RSI) is at 60.34, which indicates a slightly bullish trend. The Moving Average Convergence Divergence (MACD) for the same period is 0.0018, which is also a bullish signal.
The Bollinger Bands (Bb4h) at 0.050 suggest that the price is trading within the expected range. The support levels for the 4-hour time frame are $0.046, $0.039, and $0.032, while resistance levels are at $0.057, $0.060, and $0.068.
For the daily time frame, the RSI is quite high at 81.84, which may indicate an overbought condition, while the MACD is at 0.0058, suggesting a bullish trend. The Bollinger Bands (Bb1d) at 0.052 also indicate that the price is within the expected range. The support levels for the 1-day time frame are $0.038, $0.027, and $0.024, while resistance levels are at $0.057, $0.072, and $0.085.
The 7-day RSI is also high at 81.60, indicating a potentially overbought condition. The MACD for the 7-day time frame is 0.0036, indicating a bullish trend. The Bollinger Bands (Bb7d) at 0.053 indicate that the price is within the expected range. The support levels for the 7-day time frame are $0.028, $0.020, and $0.016, while resistance levels are at $0.058, $0.087, and $0.10.
In conclusion, ANKR is showing bullish signals on the 4-hour, daily, and weekly charts. However, the high RSI on the daily and weekly charts may indicate that the currency is overbought, which may result in a price correction in the near future. As always, it's essential to consider other factors and conduct a comprehensive analysis before making any investment decisions.
ANKR BREAKS OUT! Will it continue or pull back? Please refer back to my first #ANKR setup post to understand this chart better.
After a break out and almost touching the (purple trend line) It has met some resistance along the way which is completely normal. I do like that it is trying to hold support right on top of $0.04855 yellow resistance line. If it pulls back here are some areas I will be watching for.
ANKR LOOKS BULLISH (12H)ANKR appears to be inside a large symmetry.
Now it looks like we are in the middle of a bullish H wave of this symmetry. Because of the breadth of this symmetric pattern, we only discuss the H wave.
While maintaining the green range, it can move towards the red box.
Closing the daily candle below the invalidation level violates the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ANKR/USDT Primed for a Bullish Journey? 👀🚀ANKR Analysis💎 Paradisers, it's time to spotlight #ANKRUSDT, where current trends are hinting at a promising bullish leap from its demand zone.
💎 A closer look at #ANKR's recent movements shows that after facing resistance at the $0.03222 supply zone, it has found support at $0.02143. Currently, as it gains momentum at a slightly higher demand level of $0.02341, there's a strong chance it might surge, potentially breaking past the $0.03222 mark and aiming for the higher supply zone at $0.03790.
💎 As proactive traders, we're always prepared with a plan B. If #ANKR fails to initiate the bullish rise from the $0.02341 level and dips instead, we'll adjust our tactics. Our focus would then shift to expecting a bullish rebound from a deeper demand level at $0.02143. However, a drop below this point could signal a trend towards further downward movements.
ANKR/USDT probability of bullish move from support?🚀ANKR 💎 Paradisers, take note of the potential opportunity with #ANKRUSDT, which currently shows a heightened probability for a bullish continuation from its support zone.
💎 #ANKR has recently experienced a downturn due to market uncertainties. Currently, it seems poised to regain momentum from the support zone at $0.02134. If the price sustains its momentum above this level, there's a good chance it will initiate a bullish movement, aiming to overcome the substantial resistance at $0.03224.
💎 The ever-evolving cryptocurrency market demands a flexible approach to our trading strategies. If #ANKR encounters difficulties in holding its ground at this support zone, a strategic adjustment might be in order.
💎 Under such circumstances, our Plan B would focus on a bullish push from a lower support level, specifically at $0.02024. It's imperative to stay alert, as a breach of this level could be an early indicator of a trend shift towards bearish territory. 🌴💰
ANKR/USDT Bullish Momentum Coming? 👀🚀ANKR Analysis💎 Paradisers, turn your attention to ANKRUSDT as it displays a fascinating market trend. ANKR is currently approaching a critical resistance level at $0.0306, which could be pivotal for its future market direction.
💎 Should Ankr successfully break through this significant resistance, it could initiate a notable bullish trend. This possibility indicates a strong upward potential, especially if the price sustains its momentum above this key level.
💎 Conversely, if ANKR is unable to break through this resistance, we might witness a bullish revival from a lower support level at $0.0244. Such a scenario would suggest a need to shift strategies, possibly focusing on a rebound from this alternative support point.
💎 The situation intensifies if #ANKR falls below the $0.0244 support. A drop past this level could shift the market sentiment towards bearish, possibly leading to a more pronounced downward trend.
💎 Stay alert and strategically astute, Paradisers. Your ParadiseTeam is on hand, providing the latest insights to help you navigate these potential market changes, ensuring you make the best trading decisions.
ANKR#ANKR
Hight probably that we will see similar move as it did before (look at blue box on the chart) and will reject from 0.04923$ level (n. 1) since so far it couldn’t break through already for 2 times. And last time this level was standing as support (look at blue circles)
After that we may expect that the price will come to another local support (green line) or 0.04003$ where it may bounce back and continue its uptrend. (n.2)
N.3 plays out only if the coin after rejection at 0.04923$ level, breaks below the green line in this case 0.033$ and the blue support line may stand as another possibility of the uptrend.
#ANKR/USDT#ANKR
The price has been moving in a bearish flag since April 2022
The downtrend has been broken
The moving average was also broken above 100
We also have oversold conditions on the MACD
Current price 0.02563
First target 0.03888
Second goal 0.05686
Which represents 200% of the current price
You should pay attention to the retracement areas as shown on the analysis
ANKR/USDT Bullish Prospects Amid Resistance Rejection? 👀 ANKR💎 Paradisers, take a moment to observe ANKRUSDT's current market behavior, as it encounters resistance and gears up for a potential bullish shift from its demand zone.
💎 Historically, ANKRUSDT has shown a consistent pattern of breaking its descending trendline, leading to an upward trajectory. Currently, after facing rejection at the resistance level of .2657, there's a strong likelihood of a bullish move initiating from the demand level at .2428.
💎 Should ANKRUSDT falter in sustaining its upward momentum, the next probable strategy would be to seek a bullish continuation from the support level of .2067. However, a break below this level could lead to a significant bearish downturn.
ANKR| exit from the triangleHello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
After a long growth, the coin is consolidating the triangle, perhaps we will see an exit to the value of $0.02324
Deal plan:
Input - 0.02230
Stop - $0.02136
Take - 0.023/0.02324$
Guys, let’s enter the deal carefully, this is an altcoin and you don’t need to enter here with a full deposit, a maximum of 1-3% with a leverage of 2-3X.
0.02002-0.02122: Short-term uptrend beginsHello?
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(ANKRUSDT chart)
(1M charts)
The key is whether it can rise above 0.02761.
(1W chart)
You can see how important the current price position, that is, around 0.01915, is the support and resistance zone.
However, even if the price rises, there is a huge resistance area, so it appears that it will take time for it to be seen as a significant rise.
The key is whether it can receive support within the box section at the current position and rise above 0.02885.
If not, it may fall to around 0.01092, so you need to think about a countermeasure.
(1D chart)
The support and resistance zones formed at the current price position are
- 0.001636
- 0.03776-0.04771
Same as above.
Therefore, the key is whether it can receive support in the 0.01814-0.01901 range or higher and rise above 0.02122.
If not, there is a possibility that it may fall below 0.01575, so a countermeasure is needed.
If it shows support around 0.01901 this time, it is expected to turn into a short-term upward trend.
However, it is expected that there will be another support and resistance test by rising above 0.02122.
When the test is over and the rise begins,
1st: 0.02680-0.02776
2nd: 0.03776
It is expected to rise to around the 1st and 2nd levels above.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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