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Ampl

AMPL retrace in a few hoursAs you can see there are several key levels reacting as both support and resistance. Looking back we will see that zone between 0.64 and 1.36 is comfortable for a long time since AMPL existence. In July AMPL creates a new key level at 2.90. It is already confirmed as a strong resistance as it rejects bulls too much times. Current trend is still bearish, so be careful to trade against it. We can see drop to 0.64 which will be great buy zone. Best buy zone is between 0.64 and 0.80. We should see 0.80 as projection of previous created pattern (higher bottom). Same angle, same period - 38 bars at 6 degrees. Just follow MoneyFlowIndex - this coin is too much in relation with money flow (because of rebase). At 0.80 there are two scenarios - go lower to 0.64 or bounce back to 1.36 which will be not so easy. If resistance at 1.36 does not stop bulls, we can see 1.71 which should be the final target. So my trade is: Buy @ 0.80; Buy more @ 0.64 (if drop) with TP1 @ 1.36 and TP2 @ 1.71 Happy trading.
Long
by nixel
6
Ampleforth - mIssing the pointEveryone is missing the point, because they don't understand how financial market and capital market works. I am grateful that because my experiences told me that financial market is and has always been rigged and been manipulated by few people and of course I have first hand experiences dealing with people who manipulate the stock market. There is nothing different in Crypto. In fact, Crypto is MORE susceptible to manipulation since it is NO/LESS regulated. When I see coin like ampleforth, I don't really care about its 'TOKENOMICS'. I only care about 'MANIPULATIONOMIC'. And this coin is ripe for manipulations, the so called pump and dump cycle. Just like any other asset or stocks or crypto, I don't see ANY DIFFERENCE between this coin and other coins. Looking at the market cap, we have seen a parabolic rise, followed by a massive correction of about 60% from all time high. That is expected behaviour. Anyone who bought this coin at the top believing in all the shillers and youtubers, its all your faults. Crypto is full of pump and dump, 60-70% corrections from all time high is normal. That's why I am not bother to give financial advices to normal people. Let them be poor forever if they can't make their own decisions and be responsible with it. Ampleforth tokenomic does not matter at the moment, it might matter if this thing can go to market cap of Bitcoin or higher. Even Bitcoin is highly manipulated. I highly doubt that. Therefore, this is a fun experiment, but nothing different than other coins. And it is most probably subject to whales manipulation and pump and dump. If you don't get it, I am feeling sorry for you. You don't understand financial/capital market. And lastly, don't bother to reach out to me. I will never read any messages or even comments. I don't have time and I don't care. Regards.
FTX:AMPLPERP
by UnknownUnicorn735418
1
The Ampleforth (AMPL) price is following a trendImportant: Predictions are no guarantees for the future. As of 2020 July 27, Monday current price of AMPL is $2.776 and our data indicates that the asset price has been in an uptrend for the past 1 year (or since its inception). Ampleforth has been showing a rising tendency so we believe that similar market segments were very popular in the given time frame. The demand is still increasing hence the uptrend in price. The rebase produces small dumps of 7 - 14% which can be seen on the chart. If you trade this token at given levels and sell the number of tokens right after the dump created by the rebase you should be in profit.
by TracingDumps
2