At its core the idea is that the Volatility is low so the MACD and the Ichimoku can be trusted to be strong enough indicators to determine how 
AMC will move as it approaches a projected support of @6.20 or turns to move to a projected resistance of @10.20.
Alternative earlier support and resistance could possibly be @7.20 and @9.20.
AMC will move as it approaches a projected support of @6.20 or turns to move to a projected resistance of @10.20. Alternative earlier support and resistance could possibly be @7.20 and @9.20.
Note
Well, the projections were undoubtedly correct and the rising line in the chart has been quite closely followed in the price movements of the symbol. I don't dare to follow this up with a new analysis of the coming movements of the value, but the rising line could at least serve as a useful guide to an impending dip of the value if it moves strongly below it.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.