ANKRUSDT trade ideas
ANKRUSDT wants the breakout?ANKRUSDT is currently testing a crucial resistance level situated around the 0.026$ area. This level has proven to be significant in the past, acting as a barrier for the price to overcome.
As per Plancton's Rules, traders would be looking for a clear breakout above the 0.026$ resistance level to initiate a new long position. A breakout occurs when the price convincingly breaches the resistance level, typically accompanied by an increase in trading volume, indicating a surge in bullish momentum.
If the breakout occurs, it would signal a potential bullish trend reversal or continuation. Traders following Plancton's Rules would be anticipating further upward price movement and seeking to capitalize on the potential price appreciation.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
ANKR Bullish ANKR chart seems positive, you can place a long trade for the current price or wait for an hourly close above the entry zone on the chart. Stop-loss => 4H close below the defined price.
ANKR - Still correcting
My previous wave count continues valid, but I´m not confident wave 4 is finished yet. We may be looking at something more complex than a zigzag, such as a griangle or flat correction.
In any case, my outlook is bearish for a new lower low below 0.017 (wave 5), and I´ll only be taking short trades in smaller timeframes.
ANKRUSDT is testing the key levelThe current price action of ANKRUSDT indicates an interesting development as it tests the weekly resistance level. This resistance level has significance in the market as it has previously prevented the price from moving higher.
After an initial attempt at breaking out above the resistance level, the price of ANKRUSDT has retraced back to test it again. This suggests that the market is in a critical phase, awaiting further confirmation for a clear breakout. One important factor that is needed for a successful breakout is increased volume. Higher trading volume can provide additional momentum and market participation, indicating a stronger trend.
According to Plancton's Rules, a potential trading opportunity could arise if ANKRUSDT manages to break out above the resistance level at 0.026. This level serves as a key threshold that, if surpassed with sufficient volume, could indicate a new bullish trend. Traders adhering to Plancton's Rules might consider opening long positions once the breakout is confirmed.
In terms of price targets, the first target for the long position could be set at 0.029. This level represents a potential area of significant resistance or a subsequent price target where traders might consider taking profits or reassessing the market conditions.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
Ankr ANKRUSDT Price Analysis (4h)After experiencing a sharp drop in early June, the price of ANKR is currently rebounding.
The swing low occurred at $0.017, followed by a surge up to $0.029, marking a remarkable increase of +70%. As the price stabilizes, we anticipate a period of consolidation with potential support around the Fibonacci retracement level of approximately $0.023, indicating a trending market.
Furthermore, it appears that ANKR is forming an Inverted Head and Shoulders pattern, a bullish reversal pattern that suggests a potential booming phase.
This pattern, combined with recent fundamental news of ANKR partnering with Tencent, the largest entertainment and telecommunications company in China, raises expectations for future growth.
Be on the lookout for a strong price pump!
ANKR forming cup and handles ANKR is forming a cup and handles pattern in 4H time frame. Upon confirmation it can go up to 0.033, you can open long position at 0.024 at your own risk!
Finally Ankr showing Signs Of Life Forming 2 Pattern At Same Time Forming descending Channel While Breaking Falling Wedge too Once both Got cleared Bounce will Be epic Incase Of successful breakout expecting 5 to 6x in midterm
ANKR - Doom not overMy primary count considers that we should be finishing light blue wave 3. I´ll only be looking for shorts on any correction to the upside.
Note that there is not RSI divergence, which also leads us to believe the drop is not over yet.
First major resistance lies at 0.025.
ANKRUSDT is testing the key levelSTORJUSDT.The market for STORJUSDT is undergoing a crucial phase, with the price testing the dynamic support level around the 0.02300 area.
The dynamic support at 0.02300 signifies a significant price level where buyers have historically stepped in to prevent further declines. This level is being closely observed by market participants as it has the potential to influence the future price action of STORJUSDT.
In this scenario, there is a possibility that a pullback could occur around the 0.02600 level. A pullback refers to a temporary price reversal against the prevailing trend. If the market pulls back to 0.02600, it could attract selling pressure, resulting in a potential decrease in the price.
However, according to Plancton's rules, if the price of STORJUSDT fails to maintain the support at 0.02300, it could indicate a bearish signal. This breach of support would imply a shift in market sentiment and might trigger a new short position, indicating an expectation of further downward movement in the price.
In terms of price targets, if the support at 0.02300 is lost, the next possible target according to Plancton's rules could be around 0.02000. This level represents a projected point where sellers might aim to push the price further down.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
ANKR/USDT scalp LongHi There traders and traderers....
Today I would like to start with this coin, because it shows clearly the Use of my Indicator whitcih I´ve put together long time ago and been trying to understand it ever since.
This Indicator creates a dark cloud whitch and whenever is up,, while all collors are inside of the cloud shows me that I should wait till the blue and green collors are out of the cloud and then I look for bullish divergence on MacD. Once I have all of those whitch is at about now, I open a Long position with Stop loss bellow the lowest point in trend. Let me know what you all think and if there is anybody who could code this into simple signals.... I would share this indicators details with him.
Second Long for ANKR After a Successfull TradeMEXC:ANKRUSDT.P
The link of last analysis on the below. It was a successfull position ended up with TP2.
Then now we have a possible bigger reversal in same way. 0.023 is also the macro golden pocket level and we have a buttefly setup that completes at this level.
Let's make them easier with a solid bullish price action signal.
Good Luck Everyone!
Bullish Setup Intraday for ANKRMEXC:ANKRUSDT.P
Do not miss out!
With the power of price action signal, we can use bullish harmonic pattern + libra.
Good Luck Everyone.
ANKR USDTAnkr Usdt Breakout successfully
Long Ankr Usdt
Entry 0.02597, 0.02510
TP: 0.2675, 0.2790
SL: 0.2427
ANKR - Preparing another leg downIn the 1-HR timeframe, after making a lower low without RSI Divergence, price began correcting forming a rising wedge pattern.
Therefore, my expectation is that we will have another leg down to retest the recent low at 0.2531.
There could be a fakeout above trendline resistance, but if it happens, I expect it to fail. My trade triggers would be a break below trendline support or recovery from a fakeout.
Watching for a potential bounce on ANKRJust thought this was a potentially interesting area to keep an eye on for this coin.
RSI and MACD showing signs of oversold / better value. Be interesting to see what it does from here.
ANKR (ANKR) WCA - Inverted Head and Shoulders PatternHello and thank you for taking the time to read my post. Today, we analyze the ANKR chart with the ticker ANKR/USDT on the weekly scale, focusing on a classic price pattern called "Inverted Head and Shoulders."
Inverted Head and Shoulders Pattern:
This pattern consists of three parts, always in the same order: the left shoulder, the head, and the right shoulder. These can be sharp or rounded. Ideally, the shoulders should have symmetry, which makes the pattern easier to identify. The bottoms between the troughs form a recognizable trend line. Additionally, we have a trendline called the neckline, which acts as the current resistance line. Technicians refer to this line as the neckline. Ideally, the neckline should be horizontal.
Chart Analysis:
Upon examining the ANKR (ANKR) price chart, we can clearly see that this classic price formation is taking shape. The neckline can be found in price terms at 0.04881. The formation can span from weeks to months, making this more of a watch-list candidate than a direct trade.
Moreover, the weekly 50 EMA is also moving downwards and is clearly rejecting the price, providing yet another reason to observe rather than to trade at this time.
The pattern exhibits the necessary criteria and symmetry between the lines. Although we cannot predict when or if the price pattern will break out, we can certainly prepare for it.
Conclusion:
The ANKR (ANKR) weekly chart showcases a classic Inverted Head and Shoulders pattern with a neckline at 0.04881. Although the exact timing of a breakout remains uncertain, the pattern provides valuable insights into potential market movements. By closely monitoring the neckline and the downward trending weekly 50 EMA, which is rejecting the price, traders can be better prepared for any potential price action in the future. As always, it's essential to consider risk management and proper position sizing when trading based on chart patterns.
Please note that this analysis is not financial advice. Always do your own due diligence when investing or trading.
If you found this analysis helpful, please like, share, and follow for more updates. Happy trading!
Best regards,
Karim Subhieh
ANKRUSDT BREAKOUTANKR bread 1HR low time frame momentum turning to bullish Use low equity since sl is more.
ANKRUSDT likley to head up to weekly resistanceThe price has been trading in and above the daily support zone for a few days. The likeliness of the price to move up is higher here and therefore, a long is favorable here. The target of this long should be the weekly resistance zone. The conservative target would be the start of that weekly resistance zone around 0.4480.
Ankr longthis coin will pupm very good :)
its risk trade use only 0.5% from your capital
this is not financial advice
