Impulse ,I love This Elliot Pattern❕Impulse ,I love This Elliot Pattern ,The Price Sitting Above a the Storing PRZ Zone (End of Wave 5) And Long Term Trend Line ,Also Its a Low Market Cap Coin ,Nice Buy Opportunity
✅ Tp 1 : 30 (15%)
✅ Tp 2 : 34 (30%)
✅ Tp 3 : 40 (53%)
🟠 Mid Term Target (0.618 Fibonacci Level) : 69 (165%)
🔴 Stop loss zone : 21 ~ 20
ANKRBTC trade ideas
ANKR/BTC (accumulation zone reached)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
🚨 For new traders this is low satoshi coin be careful every satoshi move up or down the price will move strongly in your portfolio
This chart for education purpose
Trade at your own risk
Best wishes
Elliot and ichimoku checking for ankrAnkr try to hit another time it's lowest bottom and the bounce back, from the ichimoku aspects, we see that the bearish movement of ankr will continue and the strongest point for it entry would be it's lowest point. it must be checked from different aspect before entering the trade. it is just my point of view about Ankr at this point.
Ankr Network (ANKR) Challenging ResistanceOn Dec. 16-17 we can see a strong bearish candlestick pattern on the ANKRBTC chart.
This pattern was quickly invalidated the following day with a strong, high-volume bullish candle.
Now we have prices trading above EMA10 and EMA21 while aiming higher.
This one is starting to look good.
Support is found on the blue and red dashed lines.
The next target is marked with a magenta dashed line.
This is not financial advice.
Good luck!
Namaste.
#ANKRBTC (Long Term) 12/20 #ANKRBTC (Long Term)
Buy : 0.00000051 - 0.00000044
Target 1: 0.00000056
Target 2: 0.00000069
Target 3: 0.00000089
Target 4: 0.00000128
Stoploss: 0.00000043
Signal R/R: 9% / 151%
Net ROI : 50%
Invest / Position Size : 3%
Exchange : Binance
Duration: 15-90 days
Confidence in Trade : Low
we ask Allah reconcile and repay.
ANKR/BTC back to weekly support againANKR / 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 price became above ema20 at least
Otherwise if bulls lose this support there will be parabolic drop in ANKR because next support is far
always have a plan dont trade blindly
have a nice day
Good luck and happy trading 🌹
Lets go ANKR!I predict Ankr will go to the top 50 market ap at least. which will be around 6 cents ish at 350 million.
In this kind of patters BTC will do down and alts go up!
Fact
seeing the fundamentals compared to other ones in this list and how much this is needed in the cryptocurrency space this is definitely one to look at in the ( near ) future and beyond
Happy trading folks