ANKRUSDT trade ideas
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
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
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 ❤️
Please support our activity with your likes👍 and comments📝
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
Please follow us
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.
quite clear chart for ANKR ANKR has been in this range for quite a while now. price has been consolidating and at the same time its making a bull flag as some might say. after a valid break of each one of these structures we can expect massive moves. until then its safer to trade inside this range.
make sure to follow and like this idea.
ANKR at 12 months lowsANKR has so many fundamental reasons to skyrocket, yet due to market condition it remained at one year ATL for weeks now.
Believing that Alts Season is around the corner, I couldn't resist not jumping onboard heavily into ANKR. No target set yet, but eyeing 500% to 1000% gains if full Fib cycle is to take place.