ANT standing on the crossroad

11 de abr. de 2021

I'm bullish on ANT/USDT, but MACD doesn't agree with me.

1) ANT/USDT is making ascending channel and it is at the support trendline.

2) RSI is making bullish divergence, meaning that ANT/USDT is oversold. Blood is good fuel for bullish trend.
(price: higher low, RSI : lower low)

3) MACD, my favorite indicator, just made dead cross daily. That's bad!

So it is 50:50 for my favorite indicators.
But I bet on bullish trend.

For the price expectation, I copied previous impulse. (25 Mar '21)
I can expect the price to be $ 16 from $ 11 in short term.
If so, we can expect more growth because overall it'll be flag pattern.

14 de abr. de 2021

Nota

ANT/USDT broke the support line and it was rejected from the support line, which means that the support became resistance.
However, I don't think that the trade is closed yet.

1) There is no sign of increased volume; breakout should be done with increased volume.

2) It is making descending wedge pattern in short term (4h temporal scale)

I'll update idea further.

18 de abr. de 2021

Trade fechado manualmente

ANT is weakened with recent BTC movement and went down further.