ANKR USDT Idea

This idea shows where we are as of 04/13/21 in regard to ANKR. We are nearing the end of a descending wedge and I have outlined what we will be seeing for price action if we breakout above or below. If we go down, I see the opportunity for us to create a handle and accumulate heavy volume to launch us upwards. If we break upwards I expect us to reach the resistance levels in red and hopefully turn them into support. RSI (not shown on this chart) is sitting at just about the same level where we started our initial uptrend on the daily. I am also keeping a close eye on our MACD. I expect us to have a cross coming soon.

Please like, comment and follow if you like the idea.

I am NOT a financial advisor and this is NOT financial advice.
Always use proper risk management and due your own due diligence as this market is extremely volatile.

Thanks!