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ANCUSD

#ANC/USDT 500% Long Term Target! Bottomed??Welcome to this quick Trade Setup. Our Last few performances:- BTC: Called the dump target to the dollar ✅ Next BTC Target of 21k HIT ✅ SUSHI Pumped:- 26% in a day ✅ USDT on Track ✅ PYR is up 10% and still on track ✅ AR on track ✅ To verify, go through my last 10 charts 😃 Follow me for more! Now let's get to the chart! ANC/USDT is currently trading right above the support since May 2022 the price is bouncing from the same range. Consider adding some to your portfolio. Might be risky but the gain is way more lucrative. ENTRY:- $.0733 TO $.088 MID-TERM TARGETS:- $0.110 $0.137 $0.189 LONG-TERM TARGETS:- $0.212 $0.288 $0.324 $0.387 $0.413 $0.488 $0.515 Stop Loss:- $0.6829 *Not Financial advice. DYOR If you want me to post more do hit the like button Follow me if you haven't yet and share your views in the comment section. Thank you #PEACE
ALong
by Cryptorphic
9
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
ANC falling wedgePlease 1st of all smash the boost🚀 button and follow me to support my work if you like it! It's absolutely for free. Anchor Protocol made full retracement of the recent pump in form of falling wedge and just hit the support zone 0.0893-0.0883. Now price seems to be breaking up. Dips to be bought I guess. Targets being market structure resistances. Price should accelerate once gets above the lime channel upper edge (zoom out). 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
3
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
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
💡Don't miss the great buy opportunity in ANCUSDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (2.718). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ANCUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 47. Take Profits: TP1= @ 3.490 TP2= @ 3.996 TP3= @ 4.480 TP4= @ 4.978 TP5= @ 5.924 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
ALong
by ForecastCity_World
9
💡Don't miss the great buy opportunity in ANCUSDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (2.718). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ANCUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 47. Take Profits: TP1= @ 3.490 TP2= @ 3.996 TP3= @ 4.480 TP4= @ 4.978 TP5= @ 5.924 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
ALong
by ForecastCity
5