AMPLUSD
AMPL/USDT Double Bottom Formation, 2x Profit Probability!I've been following this chart for almost months, but since I'm not actively on the crypto exchange, I can't take advantage of these opportunities. Actually, I should have shared this chart months ago, but I forgot. It seems too late to buy now, but we may still have a chance.
If we look at the other double bottom formations, it was realized with a slightly longer interval. Even if we look at the bottom, we see structures with double needles. Maybe the last double bottom I showed could be single of the double bottom formation. Therefore, we can see a decrease to 0.75-80 levels again. If it stays above 200EMA (Purple line) maybe it can go directly to 1.70 levels. Both possibilities are positive, but for those who can't buy it like me, it would be good for it to drop once again. If it were me, I would put my limit order at numbers like 0.80 and wait. Also, none of what I've said here is investment advice.
Additionally, it has taken a very resilient stance towards BTC. Yes, it fell more than 50 per cent but that helped our technique work. As low as 0.50, buyers recovered this price and retreated to the main zone. I think this fake breakout shows us that there are still a lot of buyers and they are resistant to BTC dominance. So I would trade with stop-loss. As a sell order, 1.60-1.70 levels look very perfect. Of course, there is no such thing as it will come out, but he has tested it 3 times. In fact, this time (if it comes out) it can go above the 1.70 level and break the big resistance. Your every investment is your responsibility. I hope all your trades will be profitable. I wish you a good day!
I trust the AMPL...
AmpleforthThis coin ridiculously easy to play and making some strong regular moves. not dipping at all. Can find it on Kucoin or FTX.
Demand Zone is now. checked indicators and they are perfect on 1D.
Strategy :
- Wait for a breakout of the 3EMAS and buy it just after 1$
- TP1 : Before 1.5$
- TP2 : Before 2$
if AMPL not break EMA's just don't buy it.
PS : u can also buy it now and sell it before EMA' (Before 1$) and rebuy after a break. but not sure it worth the risk reward. your choice!
Don't greedy !
Happy Tr4Ding !
AMPLBTC The Decentralized FED - Tear of 50% Expected!Welcome to this quick update
AMPL Looks very very bullish here:
Why?
Fundamentals-
Potential Coinbase candidate
Finding dynamic support above the trend line. Breakout confirmed. Now in Accumulation!!!
Be ready to refuel now before blast off!
After a Tear run of 5000% in a month, it is good to see corrections and AMPL has done that.
AMPL now again refueling for the second run and now since it is in the peak of discussion in Crypto community and gaining attention of everyone,
Coinbase listing of this potential candidate makes it now even more lucrative.
Also TA wise we can see in lower timeframe Bullish MACD crossover and Bull mode on also Stoch RSI going way above indicating Bullish as well.
ENTRY: CMP (Current Market Price)
TARGETS:
9081
11695
24575
28874
If you like these setups,join our TG channel and please hit the like button and share your views in the comment section.
Stay safe
#PEACE
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.