ANKR - Massive Correction Complete! ✅ANKR gave us a massive impulse in 2021 and since then, we've been in a flat correction. We appear to have completed the correction and now looking for the next big impulse. All we need now is a catalyst to get the market moving!
Trade Idea:
- Watch for rejection of the structure level if we make it back down
- Alternatively, watch for a breakout of the descending red trendline and enter
- Stops below the recent lows
- Targets: 0.12, 0.21, 0.27, 0.35
Goodluck and do trade safe!
ANKRUSDT trade ideas
ANKRUSDT Gartley Completed!How to Identify Gartley Pattern?
As mentioned in the introduction section, the Gartley pattern has very specific ratios within which its price retracements must fall. Whether it’s a bullish or a bearish Gartley Pattern, it does not matter. This is because both types of the pattern operate in the same identical way.
There are two steps involved in accurately identifying the Gartley Pattern. These are –
Understanding the Gartley Pattern construction rules
Drawing the Gartley Pattern on the price chart for easy visualization
Both these steps will be covered in detail, in the following sections of this article.
Generally speaking, the ratios prescribed by the Gartley Pattern Rules must be met, and the closer they are, the more predictive power the pattern has.
That being said, you can make trading decisions based on the Gartley Pattern even if these ratios are not an exact match. However, with each standard deviation away from the prescribed Fibonacci levels, the Gartley model loses some of its predictive power. Therefore, the results that you get when trading a Gartley Pattern, constructed with minor deviations from the prescribed Fibonacci ratios, might not be as impressive.
ANKR/USDT - Potential 95% SetupHello Traders!
ANKR price has been moving in a wide range of $0.05950 - $0.09500 for a long time. At the moment there is a price squeeze between the rising and falling trend lines on the chart, the price is testing the MA100 on the daily timeframe.
Short-term purchases can be accumulated in the range of $0.07100 - $0.07900.
The targets will be the price levels of $0.11800 and $0.14800.
It's necessary to close the deal using stop-loss only in case of price fall below the price level of $0.05600.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ANKRUSDT is creating a descending channelThe price is testing the daily resistance at 0.080 after the first rejection.
On the 4h timeframe, the price had a false breakout from the ascending channel on 0.1 and now the market is creating a descending channel
How to approach?
For a bullish scenario, the price needs to have a breakout from 0.083$ with a clear breakout and volume and retest the resistance as new support.
IF the price is going to confirm it, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
ANKR Breaking out on 4H chartsClearly a big move is on the way for ANKR. We can see that ANKR broke out of the 1H chart and 4H chart and currently setting higher local highs.
Still long in my position. I expect minimum 20% parabolic move in the coming hours.
Major resistances are $0.092 and $0.095 from here.
Head and Shoulders pattern on the ANKRUSDTBased on technical factors there is a short position in :
📊 ANKRUSDT
🔴 Short Now 0.07545
🧯 Stop loss 0.08100
🏹 Target 1 0.07000
🏹 Target 2 0.06350
🏹 Target 3 0.05800
🏹 Target 4 0.05200
💸Capital : 1%
We hope it is profitable for you ❤️
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usAnalysis ANKRUSDTHello friends,
Welcome to these analyses about ANKRUSDT , we take look at the 1D time frame.
Support points ( 0/05 . 0/02 )
And
Resistance points ( 0/09 . 0/12 . 0/17 )
Has been specified
The information is provided only for educational purposes, and should not be used to take action in the markets.
Thank you for watching the analysis
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If ANKR was strong, it would go up alreadyI'm not very optimistic at the moment. The news doesn't help, ANKR is starting to weaken against bitcoin. No significant new products that would be of interest to the average user. Tell me, why should ANKR grow at all? I think it will still be around the 100th position on the coin market, as we have been used to for several months.
I think the project is on the verge of collapse, it will either come up with something really significant, or it will be swallowed up by other projects that will captivate the masses. There is nothing in the meantime. Either strong or dead.