Is ANKR about to print a 1500% move?

5 Eyl 2023

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

6 Eyl 2023

İşlem aktif

22 Eki 2023

Not

Price action confirms support on past resistance.

31 Mar 2024

İşlem aktif

Weekly GRM confirmation.
Up 245% so far.

2 Kas 2024

İşlem elle kapatılmış

Unfortunately ANKR entered the flag again.

If you see price action close under 2 cents on this 2 week chart, exit. The new bear flag forecast is a 80% correction.

2 week

4 Şub

Not

This trade was closed in November and it was the right thing to do.
Price action has now fallen out from the flag and threatens a further 90% correction.

There's going to be an alt run alright if those corrections are realised, prepare for that.