ANKRBTC trade ideas
ANKRBTC | Price Nearing its resistanceBINANCE:ANKRBTC has conquored all its major EMA's(100D-blue, 200D-red, 300D-yellow). Depending on how the price pays on reaching a resistance plays an important role in going long.
BUY: 0.00000043 - 0.00000047
T1: 0.00000054
T2: 0.00000060
T3: 0.00000065
SL: 0.00000027 (Below the 300D EMA)
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ANKR Forming Peak and Troughplease support my work by smashing that like button if you think useful
price formed a cup and handle pattern
and now exit the handle channel
if price crosses up 78.6 fibo extension level
we can consider the peak will happen
potential target marked, you can zoom for better see it
but eventually , should make your own plan and determine
stop loss , take profit for your self.
What i always say ,stay patient and trust your analysis
GOOD LUCK
ANKR/BTC (Key Support 41 sat?)ANKR/BTC
-This coin has dropped over -40% from the High at 85 sat area
-During the Bitcoin breakout, most Altcoins decreased more than -30% its value
-Looking at this coin, The next Key levels to watch are the 41 sat range
-Because this is a confluence of previous resistance and support
-The probability of a strong bounce reaction in this area is High
-Also, 40 sat is a whole number and a good psychological support
-Keep an eye of this asset and enable your Alerts
AnkrBtc Trading opportunityLooking closely on the wave count of ANKR it shows we just completed wave 3 movement, which means we have huge potential for a drop for wave 4. The idea is based on accumulating through the bottom of wave 4 for the last leg of the upside move.
Focus more on the long back zone and accumulate through it.
Kindly go through the chart and do leave us your comments to let us know how you feel about our view.
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ANKR/BTC in a strong uptrend... Take profits while you canUsing Fib extension to determine the next area of resistance for this uptrend... The 1W timeframe gives a pretty clear idea where we are headed...
Current price 0.00000046
Next major resistance point at 1.618 (0.00000060)
Other bullish indicators used to confirm this trend:
MACD: Currently showing bullish and rising...
ADX: currently above 20, and rising... which indicates an increasing strength in the uptrend
You can ride this and take profits... If you havent bought earlier. You can buy in now, and sell at 0.00000060
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