ANKRUSDT trade ideas
ANKR CLEAN TECHNICAL ANALYSIS APRIL 14Looking at ANKR are on the 4hr chart price has made a large correction form a previous ATH
to a fib support area where a clean double bottom has been made,
price approached this area structurally with a descending channel with a 123 touch formation,
after the third touch price made an impulsive move to the upside and is currently making a
flag correction between the 718 and 618 fib range. overall anticipating price to make a
second touch to the bottom of this correction before making a continuation from the first impulse to the upside potentially hitting the 0.20 area
ANKR/USDT can still increase!Hi every one
ANKR / TETHERUS
chart is speaking it self!
ANKR/USDT is in a bullish flag which has not broken yet and there are also Hidden bullish Divergence (+HD) on RSI which will help the bullish trend to continue. If the break out happens there can be a bullish movement as big as the flag pole!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
ANKR USDT IdeaThis idea shows where we are as of 04/13/21 in regard to ANKR. We are nearing the end of a descending wedge and I have outlined what we will be seeing for price action if we breakout above or below. If we go down, I see the opportunity for us to create a handle and accumulate heavy volume to launch us upwards. If we break upwards I expect us to reach the resistance levels in red and hopefully turn them into support. RSI (not shown on this chart) is sitting at just about the same level where we started our initial uptrend on the daily. I am also keeping a close eye on our MACD. I expect us to have a cross coming soon.
Please like, comment and follow if you like the idea.
I am NOT a financial advisor and this is NOT financial advice.
Always use proper risk management and due your own due diligence as this market is extremely volatile.
Thanks!
Smooth Sailing ANKR
I typically use the free tradingview window, and I use a PC and only one screen, so I leave 20% of the screen for the Orders screen at mxc.com. At the moment the buys and sells are in the 0.1615 - 0.1627 and I have to remind myself, in a way, it's only pennies.
It seems BTC fever has infected the crypto universe and ANKR is one of the deserving recipients.
So I gravitated from FOMO to BUY AND FORGET.
But of course I will wake up tomorrow and check. I don't mind profit takers.
It's about midnight where I live and I am going to sleep owning 50,000 ANKRs and feeling like an early owner of APPLE.
I could already plot my expectations for ANKR out to $20 but it would make my screen look funny.
Fact is, everywhere I look the (crypto) screens look funny.
Like a lifted up, giant snake head.
Or, in the case of ANKR, a giant mainsail.
This is more fun than writing about the doldrums of ANKR's recent past, which after all was maybe just a sneaky consolidation.
ANKR 1HR Breakout of triangle patternHi guys,
I will be short in explaining this long opportunity.
Ankr was in strong accumulation zone and now has risen above the resistance line and turned it support. Looking for a bullish continuation.
Entry at 0.15-0.16.
TP1: 0.22
TP2: 0.30
TP3: will do 1x at that point
Not financial advice.
DYOR!
Cheers!
ANKR - HAS BROKE BACK ABOVESince my previous analysis on ANKR market never provided us with an entry and broke below the support, now what we can see is we have broke back and close above support forming this massive inverted head and shoulders - will be very bullish if we break above this confluence of resistance
ANKRUSDTHello to you all. Mars Signals team wishes you high profits at all times.
As you can see, the price has reached a good support level and the support provided, we intend to be able to touch the specified targets.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
ANKR Local S/R| Swing High| Price Action Trend Evening Traders,
Today’s analysis – ANKRUSDT- trading above its Local S/R where in impulse is probable,
Points to consider,
- Price Action Ranging
- Local S/R Support
(.382 Fibonacci Confluence)
- Swing High Objective
- Low Volume
ANKRUSDT’s immediate price action is ranging above its Local S/R with the that is in confluence with the .382 Fibonacci, allowing for a long bias.
The swing high is the immediate objective, exceeding this level increases the probability of a trend continuation.
Current volume profile is below average, an influx is highly imminent when an expansion occurs.
Overall, in my opinion, ANKRUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“You have power over how you'll respond to uncertainty.”
― Yvan Byeajee