A round 10 days ago I made an analysis on ANKR and the huge triangle it was trading in.
It appeared that ANKR had to re-test the bottom trend line of the pattern before taking off. Over the last couple of days ANKR has seen a very strong bullish move towards the top resistance of the...
I know people don't like downtrends, but I see this as a great opportunity to gain money back if you didn't HODL and sold with the last #ANKR spike. When BTC inevitably dips (in my opinion to about 9k) #ANKR will see a similar dip percentage wise. That would take us to about .05 or between a 70% and 80% drop from ATH. Rather than be upset about it or throw a fit,...
ANKR / BTC
Accumulation zone reached ...
From this area price moved in past from 15 sat to 156sat (About 940% gains !)
2 Secnario for this strong fundamental coin :
1- bullish wave already started as we can see bulls try to pump it (or test pump👀)
2- the price will go again to accumulation zone or little below for hunting stoploss then moon after
ANKR / BTC
price dropped again to weekly support
Falling wedge spotted
These are Bullish Signs but not enough
Take into consideration
this is low satshi coin = mean pump is hard due to heavy sell orders placed
Also its x6 times it visits this support = bulls exhausted
Not a buy area until the bulls prove them self here with strong bullish signs and...
Ankr reached its strong weekly support around
Today with eth news ..strong pump and potential breakout happened on 4 h frames
Is this pump legit ?
If the price can hold above the trend next few 4h candels we can see next targets easy in chart (orange lines)
Market in high volatility now because US election so take care and do proper stoploss if want to buy
ANKR / BTC
Buy 70 - 67 sat
Stop loss : daily close below 65
Reason bullish signs at trendline support of ascending channel
+ Fundamental news + strong coin every time it go up it go with parabolic
Ankr/btc is currently in ascending channel pattern
Which is bullish forming it since 40 days
The lower trendline of channel should make the price bounce and the bulls will try to protect this area
But if failed by daily close candel below it this is bad to ankr and may lead to return to key support again 43-46 sat
On the other side if the bulls successed to...
Ankr Network aims to establish a more open cloud ecosystem by building a distributed computing platform that could leverage idle computing resources in an efficient marketplace. Noting high margins earned by tech giants involved in the cloud computing industry, the team behind Ankr Network believes there should be a way for researchers, students and...
The priceline of Ankr / Bitcoin is moving within a falling wedge and has hit the wedge's resistance and also 100 simple moving average resistance and likely to fail in breakout.
MACD turned weak bullish from strong bullish soon it will be turned strong bearish.
Stochastic has given bear cross.
We can buy back from the support of wedge however I will post a buy...
ANKR is not in good situation now. It has a big possibility to come back 40sts
At 40sts zone, we can take risk to buy it
- If 40sts can hold it, we will see ANKR at 50-51sts
- But if price is lower than 40sts, we will see ANKR at the zone of 30-33sts