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ANKRUSDT trade ideas

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
Long
by JeanJean1983
1
ANKRUSDT wants the breakoutThe price is testing the 4h resistance at 0.033$ where the market got several rejections. The market is creating a big pennant and the price seems to create a new breakout from that. How to approach it? IF the price is going to have a breakout from the pennant and retest it as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
ANKR - Full Elliott Wave Count ✅ANKER has made some interesting price action. We can see that the major correction is divided in to 3 different waves, A B and C. Each of these 3 waves are subdivided into 3 subwaves, ABC, which follow the 3-3-5 wave formation. We are now in the major wave C now, which is divided into 3 subwaves 3-3-5 ABC subwave. We are currently on subwave C now which is divided into 5 minor waves and currently on the 5th minor wave. It sounds pretty complex but just read the above and follow along on the chart. Trade idea: - Watch for the 5th subwave to bottom. You can do this using a simple trendline or BOS for confirmation - Once the bottom is intact, watch for any corrections to add long positions - Targets: 0.20, HODL the rest and actively manage it Would love to hear your comments below. As always, trade safe!
by WicktatorFX
4
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
Short
by Artem_Dishel
ANKRUSDT Analysis May 24, 2022We are Bearish on Ankr Protocol, ANKR , since early April, but wow, the allies that this project is bringing on board is amazing! To name a few in no particular order of greatness; Solana SOL , Binance Coin BNB , Ethereum ETH , Syscoin SYS , Matic Network MATIC , Near Protocol NEAR , and IoTex IOTX . We will name a few more; Avalanche AVAX , Polkadot DOT and Kusama KSM . And today they announced that Tron TRX will partner with ANKR to improve access to their Web 3.0 infrastructure. The founding team and fundamentals look amazing for this project and here is our current technical analysis; the Horizontal Resistance Line at ($0.105) could not be broken and the Horizontal Support Line at ($0.077) was shattered and the price drop continued all the way down to ($0.035). The Daily Uptrend Line has also been broken, the Weekly Downtrend couldn't be reclaimed, and we are kind of in limbo between these two softer Resistance and Support Lines. We are down over 75% since the All Time High in April of 2021. The Weekly Downtrend Line, unfortunately (or fortunately) has a triangle formation at the ($0.02625) Support Area (not visible on this chart). Not Financial Advice...Trade with Confidence and Control.
by tradinggrey
1