Ankr’s breakout target from invh&s can bring 95% gains if soonAnkr is very close to completing its right shoulder on this fairly thicc inverse head and shoulders pattern it has formed. Hard to tell exactly when it will breach the neckline but one would assume that it’s probable for it to happen soon. *not financial advice*
ANKRUSD trade ideas
ANKR could increase its price between (+150%) to (+210%)ANKR is breaking a consolidation for almost two and a half years, showing very good momentum and is shifting in the higher timeframes to bullish suggesting a continuation, it is above the anchored vwap from dec 2021 high and breaking the value area high from the consolidation. If it can maintain the strong upside pressure will be possible to reach values of $0,138 to $0,171. The target is located between the monthly level of last highs from 2021 in confluency with value area high from last bull run and fibonacci levels.
AnkrAnkr technical analysis is straightforward; almost. An impulse upward wave is followed by a corrective downward wave. After the corrective wave finished at Fibonacci retracement of 0.5, the price broke the downtrend line and it seems the next impulse wave has started. It is worth mentioning that Ankr has partnered with Microsoft, so there is a bright future for this coin. Let's see what happens.
ANKRUSD (1W) - buy the dipHi traders,
Here it is my idea for a long position on ANKRUSD (1 week time frame).
The price hit a local high in April 2024 and hit another high in November 2024, after that the price bounced back and is currently experiencing the pullback. The idea is to enter in the buy area, which is determined by a previous resistance zone that can be a support for a bounce up now. The best would be if the price hits the SMA in the buy area and use it as a support too. The buy area is between 0.0355 and 0.0304 .
We will put our first take profit at the level of the last high, at 0.0689. The second take profit will be at 0.1028 when the price hit a local high in March 2022.
Good luck!
Ankr's All Time ChartANKR
Ankr seems to be still in a major corrective wave.
I expect the bearish wave (c) to end between $0.00655 : $0.00396
A new all time high should be expected afterwards.
Passing $0.06880 confirms targeting a new ATH even if the price didn't drop to the buying zone.
Breaking $0.00076 invalidates the idea.
$ANKR about to 2x?$ANKR recently broke out of a small timeframe bull pennant and retested previous resistance as support and is now hovering above the support level.
It's giving me the same look as the move that just happened in $AMP.
I'd expect a move higher in the next week or so with resistance at the $.052 level.
Is ANKER gearing up for a major move?Anker has been on a falling wedge putting in three higher lows in the W chart, and it is testing the top of the wedge once again. The important thing to watch here is the purple trend line, and purple circles. Strangely both lows of 2021 and 2022 fell on a Monday 21st just a month apart. After the purple trend line is lost, it has been on a mission to recover it. I expect a breakout out of this wedge soon to at least to test that purple line which happens to be exactly at the 0.618 fib. I do expect resistance around the 0.382 levels.
ANKR will change every thing Long term push 2025-2026
The long-term analysis of the ANKR token suggests a cautious yet potentially optimistic outlook. According to InvestorPlace, ANKR has shown strong performance and offers standout technology, making it a promising investment for the long term. They highlight its more than 5,000% increase over the past year and its robust technology in decentralized finance and cloud transactions. The platform aims to improve Web3 technologies and democratize the internet. However, the market is subject to fluctuations, and they recommend a cautious approach, especially during market-wide downturns.
MarketBeat notes that ANKR operates on the Ethereum platform and has a total supply of 10 billion tokens. It’s currently trading on several active markets. The platform has seen partnerships with significant blockchains like Binance, Polkadot, and Harmony, contributing to its utility and adoption.
CoinCodex provides a more detailed price prediction for ANKR. They forecast that the⬤
ANKR Bullish! 35% move very soon!Looking at ANKR’s bullish outlook
The charts here for multiple days and CRYPTOCAP_OLD:ANKR is looking bullish currently lagging behind compared to Bitcoin. For ANKR to makeup move back towards .000001 on the ANKRBTC chart a 35-50% move is required with an immediate retrace back closer to the 35% move. Although market sentiment is low ANKR is still setting up for a bullish reversal. The partnership with Tencent is yet to bear fruit and the partnership with Microsoft has just taken off.
Questions from holders.
When secret project?
What other uses cases are there for the token?
What value will all the new tools developed by the team bring to the token?
I only have 2 words for the token holders
Wait-
Rome was not built in 1 day!
Participate-
Show up for X spaces, X community and AMA's. Join the multitude of channels. Share Ideas and Build if you have the skills.
Remember ANKR is not a security we can't just depend on the Company to bring all the value to ANKR.
ANKRUSD Closed the August gap.ANKRUSD tested today Resistance A (0.05800) which was the High point on August 11th 2022. This gap is now filled. Since may the price has been consolidating inside this extremely long Accumulation Zone, which shows that the market has bottomed and investors are buying in preparation of the new Bull market.
In August the price pulled back to the MA50 1D, so if we don't close the gap above Resistance A, buy on the next pull-back, as close to the MA50 1D as possible. The RSI 1D Bull Flag that broke upwards ensures the long term continuation of the trend as it comes in contrast with the August RSI decline. Our Target is 0.0800 (below Resistance B) by June.
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ANKRUSD - H&SWatching. Volume levels during the first half of the pattern are less important than in the second half. Volume on the decline of the left shoulder is usually pretty heavy and selling pressure quite intense.
The advance from the low of the head should show an increase in volume.
The most important moment for volume occurs on the advance from the low of the right shoulder.
TP. 045
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.
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