ANC/USD – Anchor at CRITICAL resistance! Break it & it RUNS! 😎
Anchor Protocol / Tether KUCOIN:ANCUSDT
ANC’s rally seems to NOT have ended. To me, these last two candles on 3-day timeframe show one thing:
THE DOWNTREND HAS TURNED INTO SUPPORT. 😱
This is very bullish because that may just take ANC above $4 and much higher…
If price moves above $4 on volume , ANC may quickly follow on LUNA’s footsteps and challenge the all-time high at $8.5.
Not bad. You could also argue this impulse wave to come is wave 5 in a 1-5 wave structure.
Lets see how price develops, but the price action is bullish to me.
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