DecimalStork1

DecimalStork1

How many times did I warn GTFO after studying it openly here on TV? Remember that black guy with the chains of gold? "I pity the fool" was the saying. Good time to be out of the crypto market. At least for the moment.

DecimalStork1

Keep it simple. Outside doji.

DecimalStork1

ANOTHER LOW ANOTHER BLOW with ANKR. Such a nice run up only to drop -- lower. Not even the huge macro moves could boost ANKR to a sustained new support level. Anchors drop. ANKR too. ANKR - put big money in the trade, spend little time in the trade.

DecimalStork1

My neutral approach allows for this scenario, like Burt Reynolds noted in a movie long ago, "It worked once, it'll work twice." Could this be the 2nd Coming of ANKR? Somebody else once said you gotta be willing to see it go down 40% to see it go up 200%. So ... up toward destiny? WHEN LONG THEN LONG Whaddaya think about them apples?

DecimalStork1 Updated 

If I were not long I might stay out. If I were long I would stay in at least to see if this is another ruse. How many chances? Could it reach the TP that I posted a few days back?

DecimalStork1

Seems capable of riding this channel with a slight pullback (yellow lines) before crossing the channel thresholds up to the big blue line as indicated. Just my idea, you've got your own.

DecimalStork1

Just one word. Or do I need a thousand pictures? Okay that was my dramatic post. But for you who thirst for weighted words, I'll try to give it again in 25 words or less, maybe an elevator speech. My first experience in owning stock was an inside tip on GENENTECH in 1985. That's when I found out you could sell what you don't even own. It was a few years...

DecimalStork1

Soon the only thing left will be to short ANKR to the bottom. Then what? Shorter's paradise until one fateful day. Remember Gamestop, right?

DecimalStork1

Maybe there is fool's gold in this coin, riding the fake breakouts to the upside, as long as the trader sets up for the drop. One giant leap UNFULFILLED, two steps down FULFILLED. This is how a product SEEMS to have promise but ends just like the shitcoins.

DecimalStork1 Updated 

Seems there is a break out to the upside and a pullback instead of a drop. Will ANKR rise above the main bear trend line? We'll find out this weekend.

DecimalStork1

Going thru my posts you can see me struggling to give hope to the hodlers, one of whom I was. But ANKR is a shitcoin. The charts don't lie. It's forming a wedge, all right -- down from the bottoms. IMHO get out and stay out. If it ever rises again, not with me.

DecimalStork1

It seems to be. I would go long.

DecimalStork1

If that is an inverted Head and Shoulders pattern, it MIGHT BE THE SETUP LONGS ARE HOPING FOR, and could be WORTH BUYING AGAIN.

DecimalStork1

Don't need 15 indicators to see ANKR hasn't finished dropping imho.

DecimalStork1 Updated 

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...

DecimalStork1

Ghost pattern finds ANKR riding Elliott Waves down for the foreseeable future. IMHO

DecimalStork1

Unless something drastic happens with ANKR, it's going down all summer imho. Hope springs eternal, but I hope in August this estimation is completely wrong. I just think it looks like a dog on its back.

DecimalStork1

Looking at the spikes and their effect, ANKR appears set up for 0.15 by June 5, for 0.09 by June 17, and 0.02 by July 31. What can turn this around? Persuade me. And then revisit this post on those dates.