AMP - Bullish trend heading towards previous highsGood fundamentals
Recent breakout
Looking bullish overall (details in the TA)
AMPBTC
Looks like a good opportunity to longAmp has already reached support multiple times at 10600 and it held pretty well, I'm calling it a bottom and elliot's wave 5 is to come, also Stoch seems to be at bottom, and stoch RSI is already at bottom.
4h chart
Synereo AMP Long termLong term perspective for Synereo AMP. It's formed a cup already, a handle is forming, given the state of the crypto space as a whole.
The bottom of the handle coincides perfectly with the BTC BIP148 August 1st date.
The beta was released during the recent slump, I expect for it to be used more widely then it currently is and get some more attention by then.
If all goes well, we can probably see the price movement go towards the previous ATH.
We could possibly see the handle form lower towards the 38.20% FIB level.
Let's try to $AMPlify :)While there's no definite signs of coming reversal, but AMPBTC and its Lagging Span are both approaching areas of possible support.
So we can hope for the rebound from those levels up to the nearest Lead line, which is currently around 20k satoshi level.
Watch the entry signals on the shorter time-frame charts.
AMP strong Fib linesAMP is as all the alts in the recovery.
The trend lines are converging
The following hours will define the next trend
AMP BREAKOUTAmp is about to release beta. Today we got high, but due to big increase, it's kinda overbought and we're about to fall and create cup&handle.
$AMP Bullish CurveAMP is trending upward along the curve (green) that I expect will hold. If not there is secondary trendline (dk. blue) that provies support. Trigger is 15625, First resistance and selloff at 18236. Target is 23246.
AMP ready to come out of the valleyAMP Synereo has had a wild year with decent increase and correction of it. After some months at the bottom, it's showing AMP is alife and about to go back up again.
The Fibinoacci lines are showing resistances and support.
Fundamentals aswell look good, they hired a new Developer and a Quality Assurance specialist.
AMP has been added in April to more markets - HitBTC, alcurEX, Cryptopia and Changelly service
blog.synereo.com
As always, make your own TA to have a comparison
yours coinwide
Poloniex : AMP will rise to the next resistanceFrom November to December in 2016; the price ranged between 11297 and 16478 Satoshi making this zone a very nice resistance / support zone for future of this market.
It's more than a month that the price hit that Resistance zone and even after the second attempt at entering the zone being failed, the price didn't drop that much and the price moved based on it's upward trend line . If this continues on, the price will break into this old R&S zone and will get at least up to it's top.
To be able to predict this market, if we look at the RSI , we see that after hitting the resistance, RSI didn't move downward for too much. That makes it more suggestible that the move will continue upward and break this resistance.
AMP breaking outAMP redemption event to finish tomorrow and it seems we're breaking out very very soon. easy 2x imo
Amp tracking upI think amp is going up as it crosses the middle of the BBand. Just a guess with a huge profit potential.
AMP BTC strong bull flagI am LONG on this one and crowd sales is doe.
AMP is legit technology and the chart is beauty.
AMP going long for Oct 10thAs many of you know AMP is going on a public crowdfund, the brownish lines are the prices per AMP fixed by devs to be sold on the crowdfund.
Maturity of project expected for Q2 2017 so we will be having lot of good news until then.
We have a community using mattermost, if u want to participate please write an email to the following address specifying ur username in Poloniex and we will analyze and if approved u will get an invite link, mm.altcoin@gmail.com
My idea of AMPBTCWith the way the coin is moving lately, I think this is the trend it is following. Suggestions are welcome.
Synereo AMP Trend desicionHello guys, this time another trend analysis for AMP, breakout sooner that we think.
and as always i invite u to join us in mattermost: trading.parnasadev.com
