Ankr / TetherUSShort
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.
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.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.