Ankrusdt: Buy limitHello traders!
Welcome back to another episode with Analyst Aadil1000x.
Today we are going to buy ANKR from the key level with tight stoploss.
Trade # 024
0.02088 ANKR Buy limit
Stoploss 0.01798(-0.83%)
Target 1, 0.01858 (+2.48%)
Final Target 0.01921(+5.96%)
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Ankr
Web 3 infrastructure Web 3 is the future but cryptos running on centralised nodes isn’t a good look
The recent storm regarding MetaMask collecting ip addresses via its infura nodes is part of this
Along with layer 2s, web 3 infrastructure is one of the likely themes for the next bull run
There aren’t many infrastructure plays and this is one of them
Alternatives included pocket network and flux
Chart wise there is bull div building but it’s irrelevant unless it can break the local downtrend
GRI 2022
Ps my idea on aleph.im was my initial infrastructure play but it has ties to Alameda and SBF plus the whole move looked a bit exit pamps. This one seems more realistic.
ankr possible short ideaHUOBI:ANKRUSDT
major stopping vol + climax in the background.
current action indicates weakness as well
a good low vol push up would likely indicate no interest and good entry back down the lows.
expecting more signs of weakness with structural break on lower timeframes as confirmations before shorting again
initial target @ 0.024
ANKR hit targets again. 270% profits. What's next?Hello, dear TradingView members.
This is an ANKR idea.
Once more, we opened our positions on ANKR around the $0.02710 area, which was a solid support level and a great buy/long opportunity.
So far, we have made about 27% (270% with a 10x leverage) profit, and it's safer and more logical to close all positions now. Do not FOMO.
If you're a risk taker, you can wait for the solid resistance and close your positions, but don't forget to use local resistance as your SL.
As you can see on the chart, this coin has reached 2 levels of resistance on the hourly and daily timeframes based on the Fibonacci retracement.
There are three support levels on the way down, which will let us open more long positions when we get more confirmation. But for now, we should wait and see.
RSI is Neutral, and the price has more room to go down or up.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
When is it worth taking an ANKR long position ?Today, ANKRUSDT is trying to break through the trend line for the second time, which indicates a yearly downtrend.
The previous attempt by ANKR buyers to break through the trend line failed in August 2022 and after that, the price fell by another -60%.
Now it's too late to enter the ANKRUSDT long, it's better to observe the price behavior.
If the buyers of ANKRUSD manage to keep the price above the red trend line and above the liquidity zone of $0.03-0.032, then a strong long to the area of $0.06
If sellers push the price below $0.03 again, then there will be no problem to fall even lower -30-40%, at least to $0.024.
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ANKR bearish SentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
ANKR has a negative overall sentiment recently.
I have the following price targets:
ANKR/USDT short
Entry Range: $0.033 - 0.039
Price Target 1: $0.030
Price Target 2: $0.028
Price Target 3: $0.024
Stop Loss: $0.045
$ANKR squeezing hard, rejecting support, ready to tear!As usual i keep my TA fairly simple and to the point to make it easy to understand and easy to follow for anyone thinking about utilizing this information to help catch a great entry!
NOW, for the meat and potatoes (:
ANKR has been sitting in this large range for quite some time, and it is FINALLY getting squeezed out at the bottom edge of the trend. Even better, the support at this bottom level has been holding with integrity despite other coins breaking down recently. ANKR did not. it held support regardless of the PA occurring in the rest of the market.
This leads me to believe ANKR is building up a lot of momentum to burst out of this trend UPWARDS for a long position entry.
Personally ill be aiming to set 2 TP's upon break out. each fib level up will be a TP marker. As a safety measure, i set my TP right below these key levels.
ill also mention that there are TWO ways i may set an entry for such a break out.
1. i will wait for the break out, allow it to pullback and retest the previous trend line as support, and enter at this point.
2. i will anticipate a break out to occur, and set a stop limit order above the trend line so that it will fill as ANKR breaks through, allowing me to get a late entry and still catch a majority of the break!
hope this helps, and lets hope this breaks out soon!!!
ANKRUSD rebounding on the 1D MA50. Levels to watch for a break.The Ankr Token (ANKRUSD) is on the 3rd straight green 1D candle following a near hit on the 1D MA50 (blue trend-line) which has been supporting since July 29. This rebound is coming after a pull-back and rejection on the 1D MA200 (orange trend-line) on August 12. Within the 9-month Bearish Channel, this has been the 2nd 1D MA200 rejection, with the first (April 02) causing a -77% correction.
This time however there's reason to believe that the bearish trend will break as not only is the MACD on the 1W time-frame on a confirmed Bullish Cross since August 04, but the 1D RSI is on Higher Lows since May 12. Ankr is also on a Double Bottom since June 18.
However the April rejection also had an initial rebound on the short-term, which however failed to break above the 0.618 Fibonacci. In order to claim that we won't get a new sell-off this time, the price needs to break above this short-term Resistance, which could happen to be at the same time as a new 1D MA200 test.
Technically, a break above the 1W MA50 (red trend-line) confirms the trend shift from bearish to bullish on the long-term.
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ANKR/USDT - Market Update 20.08.22Hello Traders!
The price of ANKR has tested the downtrend line and resistance at $0.049, after which the reaction of sellers followed.
Based on the analysis of senior timeframes we can assume the continuation of downward price formation, within which we can consider the option of medium-term purchases.
Purchases can be considered in a price range of $0.015-0.026.
The targets will be the price levels of $0.063 and $0.084
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice