Ankr / TetherUSUpdated Spikes are the Ruse, ANKR is Doomed GET OUT NOW
Those occasional giant green spikes are deceiving buyers who look at the day range.
They look for something to buy into and see day range .16, and think ANKR will rise.
BUT ANKR IS IN A BEAR MARKET -- PERIOD.
Stealth, but bear.
Repeatedly ALMOST BREAKING TO THE UPSIDE.
But it's a ruse.
This coin will, and seems even designed to, take all your money.
So my conclusion after intensively observing it is:
ANKR is a trap.
GET OUT AT ALL COST.
They look for something to buy into and see day range .16, and think ANKR will rise.
BUT ANKR IS IN A BEAR MARKET -- PERIOD.
Stealth, but bear.
Repeatedly ALMOST BREAKING TO THE UPSIDE.
But it's a ruse.
This coin will, and seems even designed to, take all your money.
So my conclusion after intensively observing it is:
ANKR is a trap.
GET OUT AT ALL COST.
Trade closed manually
THIS MATCHES MY OPINION OF WHAT IS HAPPENING WITH ANKRSpoofing May Be a Crude Approach to Manipulation, but It Certainly Works
Manipulators who spoof the markets launch a massive number of buy or sell orders. The “technique” will often result in fake buy/sell walls. These orders are then canceled before execution.
Spoofing is akin to a faked pump and dump. It never really pumps or dumps anything, but it tricks the market into believing that it does.
bitcoinmarketjournal.com/crypto-market-manipulation/
Trade closed manually
Continues fake rallying and dropping in price.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.