Possible Breakout
Updated
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.
Note
Waiting to see what is going to happen. It is trading between 0.30-32.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.
Note
Needs to break the resistance.Note
TP1 ReachedNote
Congrats to those who took the trade! $$$Note
Waiting to see what the DXY is going to do.It is looking good for ANC and crypto overall.
Note
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.
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