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ANKRUSDT trade ideas

ANKRUSDT is testing 0.5 Fibonacci level 🦐after a very nice bullrun the price is testing 0.5 Fibonacci level on the daily timeframe. The pice could reach 0.618 Fibonacci level before a bounce. IF the price will bounce on 0.618 Fibonacci level and will break the descending channel, According to Plancton's strategy (check our Academy), we can set a nice order ––––– 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.
Long
by InkyGrip
8
Anchors drop. It's what they do.Psychology of the masses, what's in a name? Looking back it's clear ANKR rises on hype -- positive news media events. Then it falls back toward pre-hype equalibrium. Without a burst of good news, ANKR reverts to a "penny stock" seeking the bottom. The good news is, ANKR has more good news coming. But I would discourage traders from going long now. Anchors drop. It's what they do. Either short ANKR, or get out. Just my opinion, don't know the people.
Short
by DecimalStork1
Ramifications of the ANKR DropI sold my physical gold and moved over to crypto largely because of ANKR's steady rise of about a cent per day over the past month. But after following the ANKR drop I started wondering about the whiole crypto schemata as opposed to gold. I determined that prospectors like me are probably testing the crypto waters and when you see a company like ANKR drop, it's bad for all crypto. Right after I bought back into PM Gold, I saw I was not alone. The yellow metal hit a huge double bottom and has started rising from the ashes. Meanwhile ANKR drops back into the abyss of oblivion, reverting to a penny stock. So why buy into crypto unless you are a speculator? What will ANKR employees think about their stock dropping like a rock? What will happen to their sales force with such a dropped valuation? Will they jump ship, sell out, take their insider winnings and run? I will continue to monitor ANKR for friends and family, but I got out. Maybe when the sharks are gone, I'll come back. But if you are not in now, perhaps wait until ANKR hits the floor, say 0.08 cents again.
by DecimalStork1
5
ANKR drops like an anchor (Just kidding) Bull flag dinner MAYBE Stochastic RSI indicates it's at a low, ready for a buy in. MACD just crossed and it looks like a classic bull flag (or bull pendant) pattern. The next two FIB trend lines would be a good target selling point. BUT, wait for at least a wee, tiny bit more confirmation as there hasn't been a breakout just yet. Then Jam it in.... I mean gently and tenderly put in your buy/sell orders.. Like a gentleman, SAY PLEASE.... Most platforms have this one pegged at a buy or neutral
by Ifyouonlyknew
4
ANKRUSDT Daily S/R| Local S/R| Price Action| Trend Evening Traders, Today’s analysis – ANKRUSDT – trading at a key Daily S/R where a bullish deviation is probable, Points to consider, - Price Action Impulsive - Daily S/R Support - Local S/R Objective - Low Volume - Oscillators Neutral ANKRUSDT’s immediate price action is impulsive, holding a key Daily S/R, allowing for a bullish bias. The immediate objective is taking out the Local S/R, taking this level will increase the probability of testing the swing high. Current Volume Profile is on a decline, an impulse is highly imminent when an expansion occurs. Both oscillators are trading neutral, penetrating their bullish control zones will be indicative of strength. Overall, in my opinion, ANKRUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “If you don’t respect risk, eventually they’ll carry you out.” – Larry Hite
Long
by AzizKhanZamani