AMP token forming big Cypher for upto 130% bullish moveHi friends, hope you are well and welcome to the new update on Amp token.
Previously we had a huge trade by AMP token:
Now on the weekly time frame chart, the price action of AMP is forming another bullish Cypher pattern. There is also 25 simple moving average support in the buying zone.
AMP
AMP Price prediction for beginners by a beginnerI am new & this is my first published idea, I welcome any & all constructive feedback. I am NOT a financial advisor, this is NOT financial advice, I'm just a dude who has been smitten by charting.
$AMP is one of the new listings on Coinbase & is (at time of typing) the "cheapest" currency on the big American exchange. This chart is a basic example of price action on the daily candles, local low, local high & 2 basic trend lines. Other macro indicators & TA has highlighted late September/Early October as the potential peak for the 2nd half of this bull run & this $AMP chart follows those trends. I anticipate a sell price, which is a 3x from my average cost, of just over .18 USD on or before 9/21. This analysis is almost entirely based on TA & $AMP tokenomics.
I see this as an easy opportunity for new retail investors, (like myself) to make some money, gain some confidence & inspire more people to use Trading View.
TrendHacker on AMP. How does B differ?Educational Tips can be found written out on the Chart. The purpose of this Tutorial is to help more people understand the difference between The Squeeze Momentum Indicator and TrendHacker_B.
The Purple and Green Columns are not data corresponding to the Momentum of a Squeeze; Rather, the data being analyzed is of the strength of the Trend we see playing out in TrendHacker_A's Purple/Teal Ribbon & EMA Cloud.
The Columns also display the measured conviction throughout a possible Reversal.
(I am not a Finacial Advisor or an Expert Analyst, always be sure to do your own research when considering an investment. This is NOT Professional or Finacial Advice.)
AMP still dropping and might stay low for a bitA couple of days back, I mentioned AMP can drop quite a bit still - and stay there for a while. It will all depend on what happens with BTC this week.
My notes about the 24h candle (also on the chart):
Could be a reversal signal, once it closes in the 24h. But, the RSI is still in the 48 zone. It needs to be below to 40 AND need to see other indicators + current market to actually start a short. Overall, depending on how BTC goes this week, AMP can stay in the lows for a while.
I see the next support to be at around 0.058.
If you have any opinion, please share.
Hit like if you want more AMP analysis.
Thanks!
AMPUSD double bottom reached....hold the line! $AMP hit double-bottom and moving up from the bottom upward channel....HOLD the line and those selling will be buying back at higher prices! buy the DIP....always do your due diligence! $AMP has awesome technology behind it and the price appears to be highly undervalued
$AMP moving upppppppp!#AMP coin nicely moving along the upward channel with a lot of room to grow (at least 40% before hitting resistance)....can't deny the strong support line and resilience even when other coins are struggling! IMHO great time to get in....always do your DD and check out the technology behind the coin. Once Binance introduces AMP it will fly even higher!!!!
AMP on the 1D RSI just starting to drop.I'm a big fan of AMP, and I will continue to be. It's a great collateral token used by Flexa to speed up merchant's transactions. Do your own research.
I feel it went really good in it's first week available at Coinbase Pro, but... RSI at around 58 to this day. If it continues to go down, at the least below 40 - where I usually buy my coins - then we will see a big price drop before it goes up again. I actually bought a bunch of it on Monday, when it went live on CBP, and I'm holding it - because I feel positive about it and I'm in for the long run.
I will liquidate at around 0.17 or 0.20 cents, but just to get more of it later.
I have gotten a huge ROI on AMP in the past, and I'm sure it it's just starting to get traction.
Do your own analysis and judgement.
Hit like if you agree!
Good luck!
AMP/USD - BUY - BREAKOUT AMP - Bullish momentum looking to push up in the coming weeks expect 2.65 at least
amptoken.org
Amp Price (AMP)
$0.08893
+6.81%
0.000002467 BTC +8.00%
0.00003969 ETH +6.81%
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Market Cap
$3,748,037,015
+6.68%
---------------------------------------
Fully Diluted Market Cap
$8,199,642,205
+6.39%
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Max Supply
92,547,638,199
Total Supply
99,213,408,535
---------------------------------------
The live Amp price today is $0.089013 USD with a 24-hour trading volume of $118,807,223 USD.
Amp is up 6.89% in the last 24 hours.
The current CoinMarketCap ranking is #28, with a live market cap of $3,758,829,267 USD.
It has a circulating supply of 42,227,702,186 AMP coins and a max.
supply of 92,547,638,199 AMP coins.
If you would like to know where to buy Amp, the top exchanges for trading in Amp are currently Coinbase Exchange, Gate.io, ZB.COM, Bibox, and Uniswap (V2).
What is Amp?
Amp is described as the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for a wide variety of asset-related use cases.
How does Amp work?
Amp claims to offer a straightforward but versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers. Where collateral partitions can be designated to collateralize any account, application, or even transaction, and carry balances which are directly verifiable on the Ethereum blockchain, collateral managers are smart contracts that can lock, release, and redirect collateral in these partitions as needed in order to support value transfer activities. Amp supports a wide variety of use cases for collateralization, and also introduces the concept of predefined partition strategies, which can enable special capabilities such as collateral models through which tokens can be staked without ever leaving their original address.
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cointelegraph.com
COINBASE:AMPUSD
GEMINI:AMPUSD
BITTREX:AMPUSD
POLONIEX:AMPUSD
BITFINEX:AMPUSD
BITFINEX:AMPUSDLONGS
BITFINEX:AMPUSDSHORTS
POLONIEX:AMPUSDT
BITTREX:AMPBTC
POLONIEX:AMPBTC
BITFINEX:AMPBTC
BITFINEX:AMPBTCLONGS
BITFINEX:AMPBTCSHORTS
alternative amp scenariothere's a chance amp still has a little more to go before the bigger correction begins.
from this perspective amp had a clean 1-2-3 sub-waves up, and is currently in sub-wave 4.
wave 4 target = 0.071
wave 5 target = 0.16
if this does play out watch for a move like this after:
Interesting find (15min)Found something interesting on the 15 min for AMP-USD (Coinbase). Ever since the breakout, I spotted a stair stepping pattern following the consolidation period (around .05c).
Since this was the first time I witnessed some-what of a 'parabolic' movement of a crypto (from 0.5 - .122c) I wanted to see if I could find a pattern of some sort.
Which to my surprise - I managed to find a -20% increase after each stair stepping pattern (from the base of the step to the peak).
So my short 'prediction', if it actually follows the 20% increase & remaining within this uptrend, then we could potentially see AMP hitting the .13c range
OR hitting the higher end of the .125 - .128c range
- then possibly retracing to the .10 - .18c range (or retrace to previous resistance at .122c)
unless the sell & psychological barriers are removed and bulls want to push to (and maybe pass) the .13c.
If anyone has an idea of what this % change could mean and what resources could explain this type of pattern, or trading behavior (the 20% staircase pattern - if it is one), I would truly appreciate it.
As always, this is NOT financial advice, just a random pattern I found interesting.
Happy trading :)
$AMP PUMPED Amp it
but what is Amp
Amp is described as the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for a wide variety of asset-related use cases.
How does Amp work?
Amp claims to offer a straightforward but versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers. Where collateral partitions can be designated to collateralize any account, application, or even transaction, and carry balances which are directly verifiable on the Ethereum blockchain, collateral managers are smart contracts that can lock, release, and redirect collateral in these partitions as needed in order to support value transfer activities. Amp supports a wide variety of use cases for collateralization, and also introduces the concept of predefined partition strategies, which can enable special capabilities such as collateral models through which tokens can be staked without ever leaving their original address.
Tg: 0.07 - 0.09 - 0.1
sl: 0.05 - 0.04
stay rich
Amp bullishAmp cheap rn high volume coming in.
coinbase just accept this token get some before it gets too high.
easy 2x, 3x, 4x
Long trade on AMPAMP is currently trading at all-time lows. I do anticipate price will trade sideways for some time until the company finds stability and confidence within its management, albeit not long-term.
With respect to the technicals, it is clear a double bottom has formed on the weekly time frame which has married the plummet of Covid in March 2020. I am not convinced selling pressure will continue beyond $1.05-1.06. This is a great long trade with excellent risk:reward prospects on one of Australia's most renowned dividend-paying public companies.
Thank you traders. Manage your risk.