A Rally not to be TrustedANKR fits the bill as a "penny stock" whose volatility expectation allows for megawhales or Whoever Club to join forces to pump the chatter via social media (e.g., ANKR live feed on YT could be run by them), fully intending to sell into the enticed through a series of transactions that just happen to lose 2% more than gain, until the Longs wake up. Maybe if God is good, these devils will move on and let ANKR rise like it should.
More likely not.
So now watch, I tell you in advance.
ANKR will "pop" to 2% below the ATH.
Then it will wrestle back down to ... why not 0.001?
ANKRUSDT trade ideas
ANKR FEAR FACTORThe Weak Longs smell blood in the water as we sail through stormy seas.
Will the ANKR save the ship or will Sellers mutiny, once more sucking HODLers down to the chasm of bitter patience?
Hold On for Dear Life.
But when it finally pops to the surface with a new ATH, will you sell or will you hold?
Or will they get you to give up and get out, happy to return to a less significant loss than it might have been?
And, is that their plan, their modus operandi, their "wrestling to the bottom" trading style?
The irony.
Stealth Bear Market for the WhalesIt fhe rally does not make a new high, then ANKR is in a stealth bear market designed to keep the hodlers asleep until 99% is gone. IMHO
By the way, I followed a bit of YT where a team of around 25 were supposedly watching and chatting, but I was about the only one actually engaging in the chat room, with a mod.
Finally the moderator got scolded for letting me chat too much -- although nobody else was attempting to chat.
So I figured out it was a set up, perhaps Mega Whale or some other group, whose real job is chatting up ANKR so they can sell it when we buy.
Taked a look at some Youtube sites that follow ANKR and other alt coins ripe for manipulation, and ask yourself if they exist to engage us, or to whale on us.
Ankr and Momentum Structural AnalysisMichael Oliver desribes "arm wrestling to the bottom."
You don't announce the bear market.
You let 'em think it's just a pullback.
And then you give 'em a rally.
But the rally doesn't make a new high and then you have another sell-off.
And then, you know, nine months after the high, suddenly you're 20% off the high.
And people are wondering, "What happened?"
Ambush 'em that way, rather than with a crash.
Because crashes usually don't begin bear markets.
Take a good long look at the behavior of ANKR.
Bets on .07?
ANKR USDT Daily UpdateThe chart says it all.
If we hold the 50 EMA and get above the 20 EMA in the coming days we're going up to retest the 3 main resistance levels I have outlined.
The low volume isn't a bad thing right now, the RSI is also in a good position as well.
This is all going to depend on what BTC does. According to the analysis I have done on BTC I think we will hold 47k and attempt to touch 70-72k next. Compare this movement to 2017, this pullback shouldn't have been a surprise.
ANKR Price ManipulationFORBES: The five steps of manipulation
Manipulator(s) prefer a neglected stock, often lower-priced with lackluster trading volume and an uninteresting chart pattern. Then, they act.
Note: With today’s rapid communications and trading capabilities, the following steps can occur very quickly, as the charts show.
1 They quietly accumulate a position to avoid notice
2 When the time is right, they step up their buying, causing a strong price rise to trigger interest and entice new buyers, thereby pushing the stock higher (this is the “pump” phase)
3 The now-obvious action produces website "analyses," helping spread the word (manipulators can support this activity)
4 Social media chat boards excitedly pick up the action and spread the word further (manipulators can support this action)
5 If all goes according to plan, the manipulator(s) sell into a strong buying upsurge accompanied by optimistic articles and conversations (this is the “dump” phase)
With the manipulator(s) selling and departing, the stock sinks. The remaining shareholders now are conflicted about perhaps missing the top but not wanting to miss another dramatic run-up. Then, as the stock sags further, reality sets in and the hangers-on sell out.
ANKR SINKS TO MOMENT OF TRUTHAs you may have seen I have turned bitterly sour on ANKR with a lot of $$ trapped under hope.
Here I see a double bottom with nothing beneath except a major, major drop, which of course can invite another and another until .... I guess 0.07 with no valid reason to invest anew.
So either it goes back up today, DOGE DAY (maybe when the DOGE crashes), or else ANKR is sunk.
I call my strategy Neutral, but the reality is I will hold on for dear life, even forget about it and take it off my Hot List (it's been at the bottom of that list for days).
Then I might have another look at ANKR in six months, and see if all my money is gone, or if my investment was sound after all.
I mean, it's not a meme, it's supposedly a key and vital contributor to the industry. But competitors are also emerging.
Your opinion?
Voyage to the Bottom of the SeaThis is the place for trapped money.
ANKR has bobbed on the surface far too long, noiw it appears even hodlers are bailing.
The faster charts are too low to publish, but go take a look at the long, long wicks.
Every push upward gets immediately throttled, presumably by trapped investors (or speculators) wanting the hell out.
Will the drop stop at .13, .11, .09 ? My best guess is DOGE DAY will ruin this product.
Hodling to the bitter end, guessing it will return to the pre-hype days of less than a dime.
Do you have any faith left in ANKR?
One vague hope, DOGE DAY will awaken the public to crypto and they MIGHT discover ANKR and see it as more substance than image.
What do you think?
Write your comments below.