RizeSenpai

ANCUSD Seems Ready to Recover 50%-61.8% of it's Crash Losses.

Panjang
KUCOIN:ANCUSDT   None
A few months ago every tradable asset associated with the Terra Ecosystem had major crash and Anchor Protocol was one of the assets affected. Since then ANC has been sitting here at these lows forming Bullish Divergence on the RSI and the MACD is refusing to turn negative as ANC Trades within this price range despite the steadily declining price. I believe that based off this ANC is signaling to us that it is ready to recover much of it's losses and my targets will be the 50% Retracement and the 61.8% Retracement.


Penafian

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