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Anchorprotocol

ANC falling wedge 2Please 1st of all click the boost🚀 button if you want me to post more Anchor Protocol ideas and follow me to support my work! It's absolutely for free. After hitting all my targets from previous ANC idea... ...price formed another falling wedge. Zoom out to see all the lines in their entirety. Just bought right the at confluence of supports (red circle). Anticipating break up from the falling wedge. Targets being market structure resistances @ 0.10217 & 0.10775. Stoploss @ 0.09105. Posting bit late, markets too fast. Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
ALong
by bizmark
4
ANCUSD Seems Ready to Recover 50%-61.8% of it's Crash Losses.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.
ALong
by RizeSenpai
CPOOL daily chart, MY THOUGHTS?CPOOL daily chart...was asked by a member to post my thoughts here.. theres not alot of data here, but with RSI's at the bottom and slightly began to trend up, we may see some positive upward movement... The DeMark9 shows we may of hit bottom on the candle pattern as well a week ago. To show Bullish Strength, i would like to see this chart break and hold $.19 and then move up into $.39-$.50 range. anything is possible with a brand new asset. so if you believe in a project, accumulate and hold and be patient.. its risky but life is risky....I hope this helps traders and investors.
by bylerzone
8
Anchor (ANC) at demand zone22/3 $ANC - Anchor Protocol is a protocol on Terra where you can deposit bLuna (bonded Luna) and bEth from Lido staking, earn interest on it, and also borrow native $UST against it. Anchor is also famously known as the LUNA defi which has onboarded many with the 20% APY interest on UST deposits/ Currently, ANC has reached a demand zone which is hard to ignore at this point where LUNA / Terra ecosystem is finally blooming with products shipping and LUNA aims to be hovering here. Updates include sAVAX on ANC - more TVL and partnership with benqi bATOM on testnet , IBC? Cross chain integration via wormhole = bSOL soon to come ANC-UST LP emissions ending veANC tokenomics, more influential governance utility Downside include slow shipping speed and technical infancy of the protocol, high TVL should attract hackers. To find out more about Anchor protocol, you may head over here and do a search for “Anchor” Trading plan - 3 scenarios Very bullish - 20% Currently with BTC fluctuating up more than down and together with LUNA/Terra eco boom and AVAX conference, this could possibly play out once any update is published within this timeframe since big money would want more governance tokens to influence votes to their favor. Expecting ANC to have buy pressure and bounce from this demand zone of 2.5-2.7, revisit more local highs at 4.4 where it should face some TPing pressure. This local resistance coincides with the 0.618 fib so I am expecting a reaccumulation after/at this level. Reaccumulation should occur and pump towards recent ATHs around 6 on bullish news, more reaccumulation and then breaking ATHs. TLDR bounce from here towards old resistances 3.75, 4.4, 6. Adding on confirmed retesting of resistance would provide better risk:reward ratios Conservative bullish - 50% Seeing this as a great possibility due to slow shipping and rotation of funds from LUNA/Terra towards AVAX. Conservative bullish strategies involve buying at range lows and selling at range highs. The range of interest is created in Aug 2021 to Jan 22 which constantly gave 5-6 weekly trades of 25-30% on average (only counting longs). We would look to play the same range from this current demand zone once the range is established within 1-2 weeks. Expecting bounce from demand zone towards 0.382 fib at 3.2 and 0.5 fib at 3.8, you can choose to TP whenever it crosses the 0.382 fib and readd at the demand zone 2.5-2.7, or at 3.2 once 0.5fib has been touched to play a bigger crab movement. TLDR repeat adds in demand zone + sells at 3.2~3.8 until comfy and re-add for target of 4.4 Bearish - 30% BTC might plummet again as it has been ranging, taking down all crypto liquidity and prices. Kucoin bots would be selling ANC and taking down prices. Also any delay in shipping speed would result in non-interest as whales want the cheapest ANC governance ability they can get and that would involve shaking you out at the old support at 1.7 so that they can fill orders on the way down to 1.23 Expecting a fakeout towards the 0.382 fib (3.2), and then breakdown of demand zone which then turns into a resistance, followed by mass selling until older supports 1.23 and 1.7 are reached As this strategy relies alot on supply and demand economics which personally is reached easily due to the volatile nature of crypto, adding on old supports and a emerging bull market would achieve favourable risk:reward ratios (1.2 to 6 is a 5x, 1.7 to 6 is more than 3x, 2.6 to 6 is about a 2x) and this is just speculation of hitting ATH. Like I said, expecting ANC to be influenced by both AVAX and LUNA ecosystems now. You can purchase spot AVAX or spot UST and LUNA here and get it withdrawn to your DEX wallets to access benqi finance and TerraStation/Terraswap/Astroport respectively.
A
by Zyale
1
Sellers appear to be panicking near the demand zoneAnchor Protocol is up 16% in an intraday trading session, and buyers appear aggressive near a bullish trendline. Anchor Protocol saw an incredible 545% liquidations in the last 24 hours. The ANC token is trading above key moving averages, including the 200 EMA, in terms of the daily price chart. ANC token is trading above vital day moving averages including 20,50,100 and 200 EMAs in the context of the daily price chart. But still, the daily candle remains to close above the 200 EMA line. During recovery, the daily RSI has breached half-line (50-points) and is approaching the overbought territory, which is a pretty good sign. The average directional index is moving at 18-point, suggesting slightly weak momentum for the ANC token. Anchor Protocol is trying to lure back token buyers who are more likely to like the bullish trend. But still, the 0.5 Fibonacci retracement level (near the $4.0 mark) could affect the bullish trend of the ANC. Resistance level- $4.0and $6.4 Support level- $2.50 and $1.2
ALong
by TheCoinRepublic
Anchor ProtocolAnchor Protocol (ANC) is a lending and borrowing protocol on the Terra blockchain and the 29th project on Binance Launchpool. It uses an over-collateralized architecture to allow users to lend, borrow and earn interest with their digital assets. Anchor is a savings protocol on the Terra blockchain that enables fast withdrawals and pays depositors a low-volatility interest rate, which is amongst the highest among stablecoins at ~19.5%. Anchor makes deposits available to borrowers who pledge liquid-staked PoS assets, bLUNA and bETH, as security. - i am following Anchor Protocol for a long time and what i see is a perma bullish trend, and have a good reason behind that : - if you go to check on their website : app.anchorprotocol.com - You will notice that you can stack ANC for 9.65% APR but also if you use a collateral with UST ( TerraUSD), you will get 70.94% APR. - You can also stake UST for 17%-24% APR ( 19.47% today ) - So for now not many peoples know about this project but the TVL is already around 14 200 000 000$. DYOR to dig more and understand how they can reward so much purcentages ( Mechanic of borrowers pay lenders ). ----------------------------------------------------------------------------------------------- Trading parts : - i do not recommend to Fomo on ANC now but just pray for a dip. - if you want to be just a long term hodler, just buy direct and stake. ----------------------------------------------------------------------------------------------- Buy : 4$ to 3.8$ Rebuy : 3.3$ to 3$ TP1 : 5$ (ATH) TP2 : 7$ SL : No Need ----------------------------------------------------------------------------------------------- Happy Tr4Ding !
ALong
by thecryer
4
ANC/USD - Anchor at CRITICAL resistance! Break it & it RUNS! 😎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. Like and follow if you liked my idea!
ALong
by DU09
4
ANC/USD - Steady WINs the race! $3 inbound! 😍Despite a turbulent market, ANC has performed VERY well... with price continuing to go up at a steady pace. For this reason, ANC should be well on its way to test the $3 resistance which is now not that far away. The 3-day chart is bullish and the indicators are looking good, particularly volume which has EXPLODED. This is extremely bullish, particularly when price moves up. It seems to me Anchor Yield Reserve has enough cash to pay the 20% interest to depositors for another 6 months. So we should be good in the near term. If you are more interested to learn about that, check my Twitter thread on that. This is fundamentally bullish for Anchor/ANC, however, the macro structure is a downtrend. Curious how this will play out. BIAS = Bullish in the short/medium term. Time will tell. Like and follow if you liked my idea!
ALong
by DU09
4
ANC/USD - Rally back to $3 on Bullish News!!! 😍Anchor Protocol Yield Reserve will be topped up by Terra with $450 million UST. This guarantees that all UST depositors on Anchor will continue to get their 20% interest for at least another year. For this reason, there is a strong fundamental reason for ANC, the native token of Anchor Protocol, to PUMP. And pump it did, already up over 60% from the most recent low. As you can see on the chart, this news was the fuel it needed to rally. From a strictly technical point of view, ANC can easily rally back to $3 before any significant resistance. What does worry me a bit is the fact that the macro structure is a descending trend with lower highs and lower lows. This means once ANC hits $3, if it doesn't break the key resistance, it will most likely fall back down... Not cool bro, not cool. But it is too early to tell and for now, the bias remains bullish. Indicators and volume also support this case. We can revisit this in March when we will know if ANC can break above $3 and perhaps even leave the downtrend. That may be too bullish if BTC and the overall market remain bearish. We shall find out. Like and follow if you liked my idea!
ALong
by DU09