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Ankr / TetherUS

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ANKRUSDT trade ideas

INVERSE HEAD AND SHOULDERS ON DAILY/ 4HR CHART. ATH INCOMING?i have been anticipating this for over a week, rsi is primed for upward momentum. Ankr has been in consolidation for approximately 43 days. Matic followed this same trajectory ( 46 day consolidation) before making it's next leg up. Weak hands and the impatient have been shaken out for the most part. I think ankr is about to have an explosive month of May. Ankr is fundamentally too strong to have a stagnate price for very long. It's reducing the barrier to entry for newcomers into the defi ecosystem. The massive problem it's solving will ultimately reflect in it's price action. Buckle your seatbelt and HOLD TIGHT!
Long
by johngarnica
1
$ANKR. Massive Gainer. Can it go higher?Can $ANKR go higher? It has been in a lengthy consolidation period, and is smack in the middle of it. Markets do this when they become 'too efficient' meaning they are transacting buys and sells at essentially the same price. When this happens, one side eventually drops out and price explodes to the side of the winner. Buyer accumulation has been present throughout the entire consolidation. This is what we call a bullish base. Most likely the breakout will be to the upside, I don't see how it could possibly break down in the current environment. I won't be missing it.
Long
by emehoke
2
ANKRUSDT is waiting for the breakout 🦐ANKRUSDT is waiting for the breakout, the price is creating a descending channel on the daily timeframe. IF the price will have a breakout and flip the current resistance into new support, 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
4