AMP providing good R:R for a 300-400% Bull Cycle Altcoin Pump
Updated
Amp is an Ethereum token that aims to “collateralize payments on the Flexa Network, making them instant and secure.” If a BTC or ETH payment fails due to unconfirmed or long transaction times “the Amp collateral can instead be liquidated to cover losses” while the vendor receives payment in fiat, potentially providing greater assurances to both parties.
The Risk: Reward looks very good for bullish reversal out of the extreme bear channel.
Be disciplined and take profit whenever the Beta to Alpha pump has completed
The Risk: Reward looks very good for bullish reversal out of the extreme bear channel.
Be disciplined and take profit whenever the Beta to Alpha pump has completed
Note
still sideways under consolidation. waiting for BTC-USD to signal next directionNote
clean bullish exit from my extreme bear channel analysis, now lets get ready to start counting the bull cycle featuresNote
nice move to begin the BETA wave upNote
beta consolidation continuesNote
BETA cycle nearing completion, get ready for Alpha cycle to beginNote
Alpha cycle target should be lower than original plan because the Beta cycle retraced to support lows. New Alpha target is 0.004000-0.005000 (100-150% return)Note
original idea invalidated, beta alpha cycle was compressed rather than expanded. who knows where the bottom is now. BTC needs to reclaim 30k for AMP to do anything positiveNote
uptrend is close to exhaustion I think, try and sell at 0.00600 if it pushes that much higher
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