without_worries

Is ANKR about to print a 1500% move?

BINANCE:ANKRUSDT   Ankr / TetherUS
On the above 8-day chart price action has corrected over 90% since the month of May 2021. A number of reasons now exist to be long, including:

1) Price action and RSI resistance breakouts.

2) Price action prints support on past resistance. Look left.

3) The macro bull-flag breakout plus confirmation of support.

4) A number of tradingview.com ideas are ‘short’. Remember the 9 out of 10 market participants will lose money. Be the 10%.

5) Bonus observation, see chart below.

Is it possible price action falls further? Sure.
Is it probable? no.

Ww

Type: Trade
Risk: <6%
Timeframe: Act now
Return: 1500%




Little bull flag with 250% projection
Trade active
Comment:
Price action confirms support on past resistance.

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

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Allow 3-6 months on ideas. Not investment advice. DYOR
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