AMPUSDT
AMP Analysis www.tradingview.com
If BTC continues to 48k or better by Oct. 15th
AMP has potential to go to .064-.074 First Target
Then find support at .056 area
next target would be .094 if break could run
My long term target is .1824
If .046 does not hold support possible breakdown to .029 - .039
Let's go BTC get above 45k and things will be interesting.
Will be looking to exit my position by Oct.15. I expect a major shakeout in BTC but think it will make a decent run possibly to $56k-$59k then dump hard before a new ATH .
Que Insults etc...
Short & Simple Idea For AMPAMP can be seen making a big run after breaking out of or below every bullflag pattern on the daily chart so far... Will the trend continue?
We will need to see a clear break of the 0.055 area (coincides with the 50 Daily EMA ) with rising volume . AMP just broke below the bullflag recently just like before its big run in July.
However BTC is also moving the markets so will need to keep an eye on it to determine future price movements.
Definitely keep this past runner on your watchlist ;)
Possible Bullish Pennant For AMPAMP looking good for a breakout to the upside while BTC consolidates for the next few weeks. A giant bullish pennant on the Daily chart is forming since May.
AMP has also held and bounced from the 200 EMA for its entire history, and the higher lows and higher highs of this pattern set it up for a possible breakout.
As long as Bitcoin holds and then starts going up towards the end of September, we should see a nice pump on AMP.
Possible resistance at the 50 Day EMA, as well as strong resistance around 0.077 as well as 0.10, and of course the all time high of 0.121950.
We have seen AMP make crazy moves in a matter of days in the past, so definitely keep this on your watchlist in the coming months.
Not financial advice, for informational purposes only.
amp w2 setupi do believe amp is in a much larger structure working on completing this bigger wave (2)
it's currently in a triangle, and has confirmed my bias on this steep drop from the recent highs.
the internal moves of the triangle moved in 3 waves which gave me the suspicion that this was an abcde setup.
i've started a position at the bottom of the triangle as my orders miraculously were filled.
wave 3 will be moving to around $0.25 at the bare minimum, for the bigger yellow Wave (3) \\ i think this happens closer to the end of september \ the start of october.
best of luck with this one, it's a long hold ~
What amp looks like to meNo price predictions until I confirm the bottom. I do believe we will see a consolidated bottom around the 0.35 though, I totally agree with Eloquent's original post.
$amp wave 3 setupamp is poised for a pretty big run soon, it already saw a 1-2, and another sub 1-2 the other day
what comes next will be a parabolic move.
short term, this trade takes us to $0.09ish
mid term, this goes to $0.25
longer term, a few dollars.
watch the 100~123.60% algo target as a potential buy zone before that rip to the upside.
AMPUSDT ewt analysisi believe that amp is currently in a squeeze.
chances are it rips to the upside - though, we always have to anticipate both sides of the story, so if it rips down, it will be a very quick move to hunt for liquidity in the golden zone.
I am willing to buy amp here at 0.054, with a stop at 0.05
i will also have orders at 0.047 just in case the latter ends up happening.
wave 3 target = $0.55
wave 5 target = $2.50
ps I had forgotten about this one entirely, so props to @TheKitchenTrader for reminding me about this one.
amp wave 3 setup ⚡after some soul searching, i have a feeling amp has a lot higher to go before the big bear phase begins.
looks like it completed this wave 2, and is starting a wave 3 impulse here.
wave 3 target = $0.63
ps. btc might be finished correcting this wave a, if it's complete, we'll see a nice run up, if btc gets one last dip down as stated in my previous idea, then amp may make one more lower low as well.
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: