Anchor drag?
ANC or Anchor Protocol is a rare case when chart from KuCoin provides a lot more insight than Binance market.
Depending on how you draw your Fibs, ANC has reached the GP during recent high, or is yet to reach it around 5.7 to 5.94 range. Lets proceed with the latter:
I think, ANC will drag either in this S/R Daily channel, perhaps even as low as 3.98. Volume is key here, general metrics are a bit overheated and I'm expecting some sort of a retrace.
ANC has enough momentum to reach 4.84 and the consequent GP of 5.7 to 5.94
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
$BINANCE:ANCUSDT
$BITFINEX:ANCUSD
$KUCOIN:ANCUSDT
$OKEX:ANCUSDT
Depending on how you draw your Fibs, ANC has reached the GP during recent high, or is yet to reach it around 5.7 to 5.94 range. Lets proceed with the latter:
I think, ANC will drag either in this S/R Daily channel, perhaps even as low as 3.98. Volume is key here, general metrics are a bit overheated and I'm expecting some sort of a retrace.
ANC has enough momentum to reach 4.84 and the consequent GP of 5.7 to 5.94
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
$BINANCE:ANCUSDT
$BITFINEX:ANCUSD
$KUCOIN:ANCUSDT
$OKEX:ANCUSDT
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