ANC has broken out from the falling channel and now has a small hurdle to overcome.
If it manages to surpass POC level of 0.32 then it is likely possible to shoot back up to retest 0.45.
I'm taking 30% off my position at 0.45 then another 30% at the previous daily high of 0.65.
The rest will let ride until 1.50.
There is also a hidden bull divergence on the 15M along with a beautiful W-Reversal pattern playing out.
This could be big if it goes right! If it fails, we could see a hurdle back to the low 20s, high 10s.
Not financial advice - Just what I'm doing.
If it manages to surpass POC level of 0.32 then it is likely possible to shoot back up to retest 0.45.
I'm taking 30% off my position at 0.45 then another 30% at the previous daily high of 0.65.
The rest will let ride until 1.50.
There is also a hidden bull divergence on the 15M along with a beautiful W-Reversal pattern playing out.
This could be big if it goes right! If it fails, we could see a hurdle back to the low 20s, high 10s.
Not financial advice - Just what I'm doing.
Comment:
Needs to break the resistance.
Comment:
TP1 Reached
Comment:
Congrats to those who took the trade! $$$
Comment:
Waiting to see what the DXY is going to do.
It is looking good for ANC and crypto overall.
It is looking good for ANC and crypto overall.
Comment:
Zoom out a bit and you will see the Adam & Eve pattern playing out so BEAUTIFULLY.
Trade closed manually:
Taking my profit for now. Will look for another entry later.
So far, oscillators are aiming to the upside, but it all depends on the DXY.
If the DXY decides to pump, most if not all of crypto will take a beating.