AMPLBTC trade ideas
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
AmpleForth, easy re-test of the previous high ?This coin is amazing , how is structured to calculate its price, and also how much potential it has for giving so much value to the users !
We might expect a double bottom, reaching and forming a the neckline ,consolidating on the current resistance,afterwards
Target on the chart!
AMPL:BTC long opportunity at 78.6% Fib retracement level.@ 78.6% Fib retracement (~0.000179 BTC)
Green IchiCloud forming.
Higher low set.
Inverse head and shoulder formation emerging again (clearer on the 5min chart).
Have the sell pressure ended?
Buy on confirmation: When AMPL goes above green 50 SMA and holds.
---
PRISM Oscillators Set (Momentum/Acceleration Analysis)
pRSI STOCHS in an oversold state (green background)
pRSI entering Bullish phase again, piercing above its 30 VWMA; supported by hidden bullish divergence.
Snap-Osc (yellow) in the positive, pulling AJ-ribbon upwell into the positive, which in turn have pulled the momentum oscillator up back into the positive again.
Looking at the hourly chart:
Looking at the 3 hourly chart: