AMP
GTCUSDT Daily TA : 01.04.22 : $GTC🟡 Results so far (HH) : +17% 🔥(Watchlist 3 Result)
All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
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👤 Arman Shaban : @ArmanShabanTrading
📅 04.Jan.22
⚠️(DYOR)
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$AMP can be a solid reversal play...$AMP has put in solid support on the Daily with multiple touches. Pro Blue Osc hovering nicely above the zero line, MACD about to cross up, Cipher printing a buy and RSI Stoch coming out of the reset position. If market cooperates for a solid bounce then I expect nice gains out of $AMP here.
AMP set for takeoffNot a financial advisor.
It's been a bit since my last AMP update. We saw a brief glimpse of some movement that just didn't have the strength to take us beyond that .09 mark.
We have came down due to the market crash, and it appears that AMP is ready to show some strength again here heading into the weekend. The market has been turning green and AMP appears to be wanting to be one of the front runners to gain extra eyes in my opinion.
I would definitely have this on your watchlist for the next several years. They should become a vital role in crypto. DYOR. Flexa is working with Amazon (Whole Foods) It appears to be a waiting game till Amazon really announces anything with AMP.
Everything is a process, give investments time. Do research, make educated decisions.
RSI & Momentum kicking up. I suspect a nice run to come. Maybe .11-.12 in the works, could pull back from there and target higher. Watch for Elliot Waves.
Amp price breakout not far awayAmp (AMPUSD) forms a nice symmetrical triangle.
OBV and RSI are currently at support levels.
The price is supported by 200 SMA.
A breakout to the upside is more likely as Amp entered the price support trendline in February by coming from below 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
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📊 The Trade Setup
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➞ First glance look
➞ Buyable XABCD on hourly
➞ Big breakout potential w/ additional 55% upside
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📊 Additional Considerations
➞ Big demand candle @ . 05
➞ Strong BULLISH sediment
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Potential breakout downwards for AMPOn the short term I think amp is looking to have a move downwards before it goes up. The BB are showing a near breakout, theres a descending triangle thats formed, and the long term(50) moving average is above the short term(20) moving average. Love to hear your guys' thoughts on AMP in the near future
#AMP Token 1D - Downside with supportAMP broken below the rising trendline it has been forming since March 2021. It broken below the trendline in September 2021, but went back above it in early November 2021. If we see a further correction in price, we could go to the bottom of the rising channel around 0.043-0.044. If it goes below that channel, we could get supported by a prior high around 0.038 - 0.04 range.
Lastly, keep an eye on the RSI as it seems we are bouncing off of a trendline as well and it may be headed down there for another bounce.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
AMP about to runNot a financial advisor.
Amp broke out, back tested support and is cleared for takeoff.
I'm seeing Elliot Wave here. Pulled back after .088 cents once it breaks through .09 cent it should make its way up to about .10 for a slight pullback then continue upward. Wouldn't be surprised if we see 14-15 cents after with another pullback then a run to .19 cents. This will take time. Just my opinion, however we do have room to run. I'm likely here only short term for gains. I personally have my eyes elsewhere. AMP is a great project however, do some research!