At Coin Inquire, we offer free price signal of Ankr Network [ANKR] and other cryptocurrencies. Today July 23 we are beginning a new series of free signals for top cryptocurrencies including Ankr Network [ANKR].
we are going to be taking a look today at Anrk Network ( ANKRBTC ), which is available for trading on Bittrex & Bithumb here on Trading View.
Let’s take a look at the chart and please allow me to share with you a low risk but potentially highly profitable trade.
- We have bullish divergence on the MACD and RSI .
- Trading volume has come to a halt.
- New All-Time Low hit.
- RSI hit oversold.
After one more drop, ANKRBTC can move up from here. This is a very low-risk trade with potentially high rewards.
This is not financial advice.
All the information shared here, and/or, by Alan Masters is intended only for educational and entertainment purposes only.
Thanks a lot for the support.
Pair: Ankr Network ( ANKRBTC )
BUY: 0.00000059 – 0.00000071
PROFITS POTENTIAL: 115%
(BUY calculated at 0.00000070)
STOP: Close weekly below 0.00000055.
*Stronger stop-loss (close weekly below 0.00000048). This is the one we are using.
(1) 0.00000087 -Reached July (+24%)
(2) 0.00000105 -Reached July (+50%)
(3) 0.00000117 -Reached July (+67%)
(4) 0.00000135 -Reached 23-July (+81%)
(*) 0.00000145 -Reached 23-July (+107%)
(5) 0.00000151 -Next target.
1- Do not invest in every ICO – most of them are a scam.
2- Crypto is a heavily manipulated commodity and the price can change at any moment.
3- The creation cost of a coin represents the “wholesale” price – It is always better to buy when the price is close to the creation cost.
4- Crypto has a natural cash flow that dictates the selling pressure. Like, 1800 bitcoins are mine each day so 1800 bitcoin must be bought at the current price (“means market needs new $18 millions of investment every day if the price is $10,000 to maintain the current price“).
5- Patience and timing are key to making a profit:
Buy, when the price is close to the creation cost.
Sell, when the price is way high off the creation cost.