Ampcoin
AMP token formed bullish Gartley for upto 61% rallyHi dear friends, hope you are well and welcome to the new update on AMP token with US Dollar pair.
On a 4-hr time frame, AMP has formed a bullish Gartley move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
AMP Token: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for AMP token (AMPUSD).
AMP token is inside an ascending triangle pattern and facing various resistance areas - EMA ribbons, 50 and 200 SMA, Multi-month resistance trend line, and the major Support and Resistance Zone. Beyond that area, the resistance is at the Ichimoku Cloud above. RSI may come back down to the Support Line very soon (bounce possible), MACD is bullish, MFI is at the support line, Stoch RSI is about to reach the overbought region. If AMP can break out of the S/R Zone and Resistance Trend Line, I believe there is a good chance for price to move higher.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
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
AMPUSDT: ADDITIONAL 55% TP INBOUND MTFSubscribe & Follow For:
➞ Quick Chart Summary Breakdown
➞ Pertinent Supply Demand Zones and Considerations
➞ US Stocks / Crypto Only
➞ Before / After Analysis
🌙 Like and Subscribe
🌙 Drop us a line and let us know what you think
🌙 Coin donations always appreciated
📊 The Trade Setup
➞ NOT FINANCIAL ADVISE
➞ First glance look
➞ Buyable XABCD on hourly
➞ Big breakout potential w/ additional 55% upside
➞ Will revisit above .10 for potential continuation
📊 Additional Considerations
➞ Big demand candle @ . 05
➞ Strong BULLISH sediment
➞ Reclaimed long term support line on the big with massive volume
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Not financial advise. Trade at your own discretion.
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!!!!