Is ANKR about to print a 1500% move?

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

Transaction en cours

Commentaire:

Price action confirms support on past resistance.

Transaction en cours:

Weekly GRM confirmation.
Up 245% so far.