ANKR - Are We Ready To Break Out??ANKRUSDT has been in a descending channel since late February. It appears to be respecting the channel as we've seen rejections on both extremes of the channel.
Recently we've seen a double bottom which is often a reversal pattern. This could indicate that we may be breaking out very soon. Watching this one closely to see if we can break the structure level and channel.
ANKRUSDT trade ideas
NAKED SHORT FINE WITH ANKRI set a naked short 12 hours ago, watched the BS rally turn my bet into the red about 200 bucks, and just waited. Now I could sell with about 60 bucks in the green.
But I leave it just to prove a point.
In a few days I bet I have 1000 bucks just by leaving the Short in place.
ANKR is just one of those losers dressed up like a winner.
ANKRUSDT is creating a falling wedge 🦐ANKRUSDT is creating a falling wedge and the price is testing the 0.786 Fibonacci level.
We need to wait for the breakout of the daily resistance and flip it into new support. According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Hi, I'm back!Hey, wolves🔥
There is one more interesting idea for you
Do you like Flags? How about Cup and Handle?
If I tell you that we have found two of them on one chart? Like it? We do!
There is a Cup and Handle formation on ANKR/USDT and Flag formation at the Handle of this pattern.
So get ready to make money, guys!
There was a bullish trend before, it may be a signal to buy.
Follow the chart and look for the breakout carefully.
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Feel free to leave comments✉️
And always remember: "we don't predict, we react".
Up to 11 Cents by July 10 imhoANKR walked down step by step (shorting and consolidating and shorting and consolidating and shorting) from 11 cents to the apparent bottom, all within a "short" 15 days.
So if the uptrend mirrors the downtrend this would put ANKR back up at 11 cents by July 10.
Hopefully ANKR has now taken on the character of its original form, a rising star that allows for consolidation - profit taking - while ripping to the moon.
Like we all thought it would in the first place.
ANKR/USDT Is ranging in a Descending channel.Hi every one
ANKR / TETHERUS
ANKR/USDT has been in a Descending channel for quite some time now. as you can see the price has been ranging in this channel in the last 36 days and was not able to break the 20EMA (pretty small EMA) in this duration. this means there is a high chance that the price would start to Decrease from this point and touch the bottom of the Channel again!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
ANKR GONNA GO UP notIt appears the market thrives on disbelief.
When you are certain you know you are right - you are early.
And when you are certain you know you are wrong, you stare at the falling tree hitting your house.
You are late. Trapped. Hoping not to have to bite the big one.
But you know you will.
Snap out of it and reverse the trade.
There is no bottom in the mind of a bot.
Just high winds and heavy seas.
Support lines or short targets are on the chart.
ANKR revisits the Dawn of Creation - to rise like a Phoenix?ANKR is now well - about midway - into the consolidation band before the uptrend began leading to the big ATH run.
No doubt the price will test this last level of major support bottoming at 0.0855 prior to what I might call the very last broad line of major optimism for ANKR, at 0.02659.
Also expect the last dip to get stretched and milked as the gains chasers on both sides fall by the wayside.
Wherever you are may be safer than playing cat and mouse -- otherwise, buy low and sell high (lol).
SHORT FOR THE SHORT TERM ONLY
CYA
RADIOACTIVE ANKR - Shorting to Infinity and BelowANKR has returned -- almost full circle -- to the resistance line (now support line) of froth.
Very frothy / choppy days ahead, until the price drops through and then plunges to 4 cents.
Everyone will think it's got to go up. But it can sink back to two cents.
At the moment ANKR is radioactive.
Why should the price go up?
Perspective isn't EverythingANKR zoomed up 3600 percent and has dropped so far back down that in net terms it has only zoomed up -- how much?
Yeah, it's a 64% drop. But it's STILL a 1300% pop.
A 1300 percent pop, as it stands, right now.
When it drops so that ANKR has only achieved a 500% gain, it's still not a loss.
But that ALL TIME HIGH of .20 per coin reached within weeks had us all expecting $20 per coin somehow, or perhaps $120.