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