ANKRUSDT trade ideas
ANKR/USDT TA UPDATE! Hello everyone, if you like the idea, do not forget to support with a like and follow.
ANKR is overall bullish and hovering inside a big symmetric triangle. Currently, ANKR facing some resistance so I expect a little pullback from here and the price may come down to touch the lower trendline.
When we break this symmetric triangle then ANKR pumps huge so do not miss the opportunity and grab some in the given range.
Entry range:- $0.072-$0.084
Target1:- $0.098
Target2:- $0.13
Target3:- $0.16
Target4:- $0.22
SL:- $0.062
Do appreciate with your likes and support.
It motivates me to work more and more.
Note:- This isn't financial advice. DYOR before investing.
Thank you!
ANKR/USDT { ANKR } - BULLISH SETUPANALYSIS 🔎
- ANKR/USDT is consolidating in a symmetrical triangle pattern .
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the symmetrical triangle's inclined resistance.
- Limit entry: test of the symmetrical triangle's inclined support.
TARGETS 🎯
- Horizontal resistance level (@0.18279).
- Horizontal resistance level (@0.25863).
- Fibonacci extension level 1.0 (@0.28546).
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
ANKR promised $1ANKR is one of my favorite ALTS fundamentally, and one of my profitable Alts I traded since 2020.
As Bitcoin went on a mission setting a new ATH after testing the 20W SMA at 40k back is Sep, most Alts bled in their BTC pairs without any realized profit in their USDT pairs. But where are we now?
1) ANKR is below the Ichimmoku Cloud => no strength to the upside.
2) ANKR Ichimmoku Conversion Line is below the Base Line =>no strength to the upside.
3) ANKR is still battling the 8W SMA => no strength to the upside.
4) ANKR RSI is still flat and below 60 => no strength to the upside.
I remain bullish for the whole market, I remain bullish for ANKR... but till the indicators above show some strength, ANKR will continue to go sideways.
If you are a HODLer, there is no harm in accumulating. If you are a leveraged trader, you are better off going long after BTC's pullback.
🔥 ANKR Massive TriangleOver the course of 9 months or so, ANKR has produced a massive triangle pattern.
With the market showing bullishness, there's a high chance that this triangle will result in a bullish break out in the near future.
A couple of days ago the break out got rejected, which could indicate some weakness in the near term. However, if we see some more green days on BTC I'm expecting a bullish break out within the next week or so. In case BTC wants to go down more, expect strong support at the bottom trend line of the triangle.
First target is placed at $0.13.
Happy trading!
ANKR/USDT 4HOUR UPDATEWelcome to this quick ankr/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- ankr/usdt make triangle in 4 hour chart and allready retest it and trending on 21ma.
Entry:- cmp and more upside the 21 ma
Traget:- 15% to 20%
Stoploss:- 0.0922
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
🆓Ankr (ANKR) Oct-20 #ANKR $ANKRANKR is retesting the 0.095$ zone after breaking out from this zone. If it doesn't lose this zone, it will keep rising to 0.115$, 0.135$ and 0.16$ zones in next days. But if it loses this 0.095$ zone, it will fall down to 0.08$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.095$ zone
🔴Buy : 0.095
🔴Sell : 0.115 - 0.135 - 0.16
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.095$ zone
🔵Sell : 0.095
🔵Buy : 0.08
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
ANKR - Getting Ready To Explode!ANKR broke out of a major descending channel in August and we are now in bullish territory. Price looks to be making a big ABC correction for a move to the upside.
We can either make a rejection at the 0.0725 level or we can go further down to the -0.27 level which falls in line with the previous lows, and the support of the bullish correction we're in.
In the meantime we can look to take ANKR down for the short term.
ANKRUSDT IN CHANNEL & WEDGEIf t HUOBI:ANKRUSDT he price breaks through the bottom of the channel, then the channel is no longer intact. Do not initiate any more trades until a new channel develops.
When price breaks the upper trend line of the wedge the price is expected to reverse and trend higher.
#TAYOR
ANKR try to break out#ANKRUSDT
$ANKR broke out from long term descending resistance and confirmed it as support near the long term ascending support. now with price increase we can see another attempt to break out. RSI and MACD support the bullish trend, price have to stay above $0.083 to increase more.
Bullish PlotNot entirely sure where we are here in terms of waves, I will go with the assumption that either wave (3) has ended and we're starting wave (5) or we're in wave 5 of (3), In both cases we should see substantial price increase and I have plotted a high confluence target area if either play out.
ANKRAs we come up to this strong resiatnce of 0.09319 we can see we have a potential ascending triangle. This pattern could signal a bottom as well as a potential larger double bottom. It’s a slow grind but I do see a potential rising wedge there that it could
Be following from a bearish veiw. If we closed a daily above 0.09319 we could have a setup for a trade but still need to watch some targets I have marked if we followed this rising wedge up. Still would need to break out of the wedge to the upside but we could go as high as $.21