ANKRUSDT | BREAKOUT ALERT!!Ankrusdt has posting a breakout from its descending trendline and horizontal level. This breakout can leads to atleast 50 - 150% upside potential
Manage your risk accordingly
ANKRUSDT trade ideas
ANKR trade entry set upWeekly time frame
BINANCE:ANKRUSDT performed very well in the last bull run comparatively to the market.
After a 90% decline from its ATH, ANKR formed a very clear support at the 0,017$ zone.
In the beginning of 2023 ANKR witnessed a very strong momentum with volume and recorded a +285% increase. Since then ANKR evolved within its range
Daily time frame
After bouncing back on the support line at the beginning of 2023 and breaking the declining resistance from ATH alongside a volume increase, prices were rejected at the top of the range.
ANKR is now consolidating below a multi-months resistance on the lower area of the bigger range.
We can use this consolidation as a good trade entry set up if ANKR breaks it. This gives us an interesting risk, reward ratio.
Strategy
Buying on a daily close above 0,028$
Objective 1: Resistance and double bottom target at 0,04$ (+40%)
Objective 2: Top of the range at 0,057$ (+100%)
Objective 3: ATH at 0,167$ (+480%)
Invalidation
Mental Stop: below the consolidation at 0,023$
If prices retrace to this level we will wait for the daily closing price then set a Stop loss ¼ or Risk below the daily close price.
Risk = Distance between Mental stop and entry point.
Let me know what you think!
first HH is a opportunity to buy ANKR
we need to see first breakout above 0.6$ in ANKR . if that happened with good momentume that a good opportunity to buy your first target is 0.099 $ - 0.18 $ and maybe will go more that's depend on btc
be patient and don't be greedy
this is my analyse it's not a recomandation to buy or sell !!
ANKRUSDTANKRUSDT from my perspective, is a currency that I believe has potential on a medium-term basis. I have identified key resistance areas that are likely to turn into support once reached, and the price should respect these levels during corrections.
Please note that trading is done at your own responsibility; the above is merely my opinion.
ANKRUSDT | 1W 👀There's a good chance of price rebound from current levels as the coin is trading in an area of strong resistance.
If we see a correction, it might be a good opportunity to buy back some of the coins.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Ankr. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Ankr #Investment #ANKR
ANKR ANALYSIS 🔮 #ANKR Analysis - BREAKOUT 🚀
💲💲 #ANKR was trading in a Symmetrical Triangle, and breakout has already confirmed and also the breakout of major resistance zone, expecting bullish rally.✍️ ✅
📊Current Price -- $0.05190
🎯Target Price -- $0.09106
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ANKR #Cryptocurrency #Breakout #DYOR
#ANKR/USDT
#ANKR
The price has been moving in a bearish flag pattern since July 2022
It was based on a strong support area at 0.01800.
Moving Average 100 was also reviewed.
We are about to break the downtrend of the bearish flag, and therefore we expect the price to rise to the specified areas.
The current price is 0.02670.
First target 0.04000
Second target 0.05400
This represents 250% of the current price.
Pay attention to correction areas.
ANKRUSDT.1DBased on the given market data, ANKR is currently trading at a price of $0.050 against the USDT. The currency's 4-hour Relative Strength Index (RSI) is at 60.34, which indicates a slightly bullish trend. The Moving Average Convergence Divergence (MACD) for the same period is 0.0018, which is also a bullish signal.
The Bollinger Bands (Bb4h) at 0.050 suggest that the price is trading within the expected range. The support levels for the 4-hour time frame are $0.046, $0.039, and $0.032, while resistance levels are at $0.057, $0.060, and $0.068.
For the daily time frame, the RSI is quite high at 81.84, which may indicate an overbought condition, while the MACD is at 0.0058, suggesting a bullish trend. The Bollinger Bands (Bb1d) at 0.052 also indicate that the price is within the expected range. The support levels for the 1-day time frame are $0.038, $0.027, and $0.024, while resistance levels are at $0.057, $0.072, and $0.085.
The 7-day RSI is also high at 81.60, indicating a potentially overbought condition. The MACD for the 7-day time frame is 0.0036, indicating a bullish trend. The Bollinger Bands (Bb7d) at 0.053 indicate that the price is within the expected range. The support levels for the 7-day time frame are $0.028, $0.020, and $0.016, while resistance levels are at $0.058, $0.087, and $0.10.
In conclusion, ANKR is showing bullish signals on the 4-hour, daily, and weekly charts. However, the high RSI on the daily and weekly charts may indicate that the currency is overbought, which may result in a price correction in the near future. As always, it's essential to consider other factors and conduct a comprehensive analysis before making any investment decisions.
ANKRUSDT Will it break the resistance zone?ANKRUSDT 1D, Possible entry into Long
ANKR price is close to breaking the resistance zone after 650 days of market volatility.
Buy zone: Below $0.050
Stop-loss: USD 0.042
ANKRUSDT ANKR/USDT Is Breaking Its Resistance ZoneANKRUSDT Technical analysis update
ANKR's price is on the verge of breaking its resistance zone after 650 days of a ranging market.
Buy zone : Below $0.050
Stop loss : $0.0425
Regards
Hexa
ANKR Unlocking Potential: The Perfect Entry Point for Profits 💰ANKR Coin: Short Fundamentals, Recent News, and Disclaimer
Fundamentals:
Ankr Network (ANKR): A blockchain infrastructure platform that provides decentralized cloud computing services.
Launched: August 2018.
Market Cap: ~$140 million (as of Feb 23, 2024).
Rank: #224 on CoinGecko.
Unique Features:
Shared node infrastructure: Offers a cost-effective way for developers to deploy blockchain nodes.
Containerized deployments: Enables faster and more efficient blockchain application development.
Staking: ANKR token holders can earn rewards by staking their tokens.
Recent News:
Feb 21, 2024: Ankr announces partnership with Binance Cloud to offer node hosting services.
Feb 14, 2024: Ankr integrates Chainlink oracles to enhance data security for its DeFi applications.
Feb 7, 2024: Ankr launches a new staking program with attractive yields for ANKR token holders.
Jan 30, 2024: Ankr announces the upcoming mainnet launch of its Ankr Protocol.
Disclaimer:
This information is for educational purposes only and should not be considered financial advice.
Cryptocurrency investments are highly volatile and carry significant risks.
Do your own research before making any investment decisions.
Additional Notes:
ANKR price has been following the broader market trends recently.
The recent news highlights Ankr's focus on expanding its partnerships and offerings.
It's important to be aware of the risks involved in cryptocurrency investments before making any decisions.
I hope this information is helpful! Please let me know if you have any other questions.
ANKR BREAKS OUT! Will it continue or pull back? Please refer back to my first #ANKR setup post to understand this chart better.
After a break out and almost touching the (purple trend line) It has met some resistance along the way which is completely normal. I do like that it is trying to hold support right on top of $0.04855 yellow resistance line. If it pulls back here are some areas I will be watching for.
ANKR LOOKS BULLISH (12H)ANKR appears to be inside a large symmetry.
Now it looks like we are in the middle of a bullish H wave of this symmetry. Because of the breadth of this symmetric pattern, we only discuss the H wave.
While maintaining the green range, it can move towards the red box.
Closing the daily candle below the invalidation level violates the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Ankr did you invest?Good morning,
lets say that you bought at thr Minimum price, so you Will earn 10x.
Next resistance line is in 0.05$
maximum i see is 0.20$
Rsi marks good conditions, also bollinger bands.
ANKR/USDT Primed for a Bullish Journey? 👀🚀ANKR Analysis💎 Paradisers, it's time to spotlight #ANKRUSDT, where current trends are hinting at a promising bullish leap from its demand zone.
💎 A closer look at #ANKR's recent movements shows that after facing resistance at the $0.03222 supply zone, it has found support at $0.02143. Currently, as it gains momentum at a slightly higher demand level of $0.02341, there's a strong chance it might surge, potentially breaking past the $0.03222 mark and aiming for the higher supply zone at $0.03790.
💎 As proactive traders, we're always prepared with a plan B. If #ANKR fails to initiate the bullish rise from the $0.02341 level and dips instead, we'll adjust our tactics. Our focus would then shift to expecting a bullish rebound from a deeper demand level at $0.02143. However, a drop below this point could signal a trend towards further downward movements.
✴️ Ankr Network Will Go For A New High (Easy 160% Potential)Ankr Network (ANKRUSDT) will grow more than 160 percent in this upcoming bullish wave, this is only a small portion of the full potential, being conservative.
We have long-term higher lows.
The latest major low happened December 2022;
The higher low happened in August 2023.
✔️ The rest is very easy to see and predict.
You know what, I should give you the full target... The January wave produced 315% growth.
👉 The next wave will produce around 380 to 400% or more.
Namaste.
#ANKR will SURELY moon sooner or laterImagine a chart like a poetry. This is it. In mid term SEED_DONKEYDAN_MARKET_CAP:ANKR will triumph.
NOT FINANCIAL ADVICE.
Ankr usdt 1W (Army ready to attack 0.036 resistance💪)Hello friends, I hope you are well.
You can see the ankr currency chart in the weekly time frame, it has left the triangle and "must" move to test the resistance of 0.036
Hurry up man, you can do it
ANKRUSDT IDEAUPDATE
Breaking Descending Triangle in Weekly Time frame.
Breakout can expect 90-100% Bullish move 📈🚀
COIN DETAILS
We update our ANKR to USD price in real-time. Ankr is up 9.04% in the last 24 hours. The current CoinMarketCap ranking is #181, with a live market cap of $316,203,249 USD.
#ANKR will likely deserve the price - A good project deserves - In this long term chart you can clearly see the price of SEED_DONKEYDAN_MARKET_CAP:ANKR brake the bearish channel and successfully retested it. Now it' s time to send the price up in MID TERM.
NOT FINANCIAL ADVICE.
ANKRUSDT - BULLISH OUTLOOKANKRUSDT currently exhibits a pattern of lower lows and lower highs, signaling a downtrend. However, there is a noteworthy bullish divergence on the 1-hour (1H) time frame, suggesting a potential reversal in the prevailing trend.
Here's a concise technical analysis with a suggested trading strategy:
Entry: Consider initiating a long position with a buy-stop order at 0.02460.
Stop Loss (SL): Implement a risk management stop loss at 0.02280 to mitigate potential losses.
Take Profit (TP): Set take-profit levels to achieve a 1:1 and 1:2 risk-reward ratio:
TP1 = 0.02640
TP2 = 0.02820
This trading strategy aims to capitalize on the anticipated bullish reversal signaled by the observed divergence. As with any trading approach, it's crucial to monitor the market closely for changing conditions and adjust the strategy accordingly.
