Hi dear friends, hope you are well and welcome to the new trade setup of Anchor Protocol (ANC) with US Dollar pair.
On a 4-hr time frame, ANC has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
22/3 $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...
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...
