Amp / Bitcoin
Long
Updated

SynereoAMP coinburn is coming!

459
Here you can see double bottom formation. Target of this pattent 7400-7600 satoshi.
And this: synereo.com/burn-amps/
Note
1W chart:
snapshot
Here my previous AMP chart!

Feel free comment. Your opinion very important for me.
Note
Here my previous AMP chart:
SynereoAmp. Powerfull breakout, next wave
Note
I suspect nice run, but happen nothing. Lools like coin already was burned before.
Nevertheless I will HOLD this coin, I have enough technical data for HOLD.
Here 1H chart:
Note
snapshot
Maintain SL under BLUE line
Note
Developer have good party, and still no coin burn. Untill
en.memgenerator.pl/mem-image/yes-i-won-nothing-en-d018bc/d
Note
Hmm... I checked wallets of Synereo. And know what? they burn 371880263AMP!!!
But price continues fall down! Some sh...
omniexplorer.info/address/34MWvp1xfxaaqXENxWW45uqDfuNY9f8hr2
Note
Why?
I share you answer when found it.
Note
Simple math. They was burned reserved coin. Not paid circulating supply.
So recommendation still clear BLUE line support
200MA and 50MA resistance.
Market need more consolidation for grow.
If you wont hold this coin for long you can maitain SL 3204 satoshi lvl
Have a nice day adn good profit.
Note
I made mistake developers burned 326880263AMP according they financical doc during 23th 31st of March. But still not changed it. Maybe this is one of the reason.
But main reason that market still bearish.
We close to SL if it will sustain under BLUE support line I'll closed position.
Have a good night and good profir!
Trade closed: stop reached
I revisit it later.
Trade active
Here againt start some move.
1D charts (Resistance 100MA):
snapshot
1D chart (support lines 30EMA, 50MA, 200MA):
snapshot
1W chart (Resistance 26EMA, 52MA):
So, what we have. Weekly chart start move up MACD too.
snapshot
Daily chart move up.
MOST SAFETY OPTION to enter is after sustain about ~4150satoshi (26EMA).
1st take profit is ~6300satoshi (52MA).
No guarantee, maintain Stop Loss 3300 satoshi.
Find enter point on hour chart!
Trade safety! And have a nice day!
Note
1W chart (26EMA + 52MA):
snapshot
Note
Back to uptrend coming soon:
snapshot

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.