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AMPUSD trade ideas

AMP flagNot a Financial advisor. AMP recently pulled back quite a bit from its previous bull run. It looks as if it has a clear reversal and is ready to start up trend. I have .104 as a price target for me to scale back on this incoming run. My target comes from basic flag measurements. Momentum should pick up after we get a golden cross on the MA's & test of support over the coming days. RSI is at 49 Stoch i'm watching to perk/curl up from the botttom MACD looking to cross in the few days. AMP has stayed consistent at these levels, a large increase of buying could get this to really swing upward. GLTA! The Swop.
COINBASE:AMPUSDLong
by StofAxeCapital
AMP - May start getting Bullish again!Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term is irrelavent for the move that is coming! You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportnities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make caculated decisions. Trade with no emotions! Facts: 1. RSI - in the past when we hit this trendline, we 2x - 9x in price! We just bounced off trendline again! Also corresponds the bottom! 2. Stochastic RSI - Once blue line crosses orange line, we will skyrocket! Target: $0.22 (which is a 4x gain!) Good Luck! "If you can't beat the fear, do it scared!" "Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet. "Markets are a device for transferring money from the impatient to the patient. - Warren Buffet "Show me the charts, and I'll tell you the news." - Bernard Baruch
GEMINI:AMPUSDLong
by jaydee_757
7
Bitcoin amp comparison (idea)Ok so if u see in orange is bitcoin in comparison to our weekly amp chart.Amp rises as bitcoin either pushes up or stays in consolidation phase for too long we all know amp wants to rocket but it also waits to see the bosses (bitcoin)next move right now for bitcoin is at heavy resistance and if u look closely at chart it's following the trend of how it went up coming down so the question is are we going down?? This happend in bitcoins bull market every halving up and then down!! So time will tell don't get caught up in all the bullishness and be careful I barely get likes lol so maby I just start keeping my ideas to myself 🤔 this in no way is financial advice just my opinion be careful!! Crypto is going to rocket eventually but it needs more time when we use it on a regular basis and major company's start accepting numbers will fly.
GEMINI:AMPUSD
by dcapo69
3
AMP the ChampNot a financial advisor. Back from a hiatus (sorry followers) Crypto has obviously been gaining steam, BTC hit a very nice reversal on the weekly chart. Anyways here is what I got for ya with AMP Token. AMP is a collateral token. (Important) AMP market cap is just a little bit over 3 Billion currently. with a price above .07 cents. AMP is currently in a nice upward channel - continuing to reach higher highs and higher lows. The chart I'm showing you is in LOG. (easier to see uptrend) This is a weekly chart, so things will take time! KEY resistance levels are above current price in yellow, Marked a floor as well. Black trend lines represent the channel and support/resistance (resistance being the top) Notice how the pitchfork is respected by the price action. current weekly candle is looking to close bullish and continue uptrend within the channel. Looking to break out above the .08 and .096 to make way for .12 cents. (I would suspect a pull back to cool off rsi at that point - but technicals can get further extended) In the coming weeks I suspect price to hit the top of the channel of .20 cents ( with crypto starting to gain steam and run this becomes more likely) MACD is looking to cross bullish to further signal a run Stoch is starting to slant upward which is rather low (buy zone - in my eyes) Would like to see that rise up to the top and coast for a long period of time to keep signaling strength with the bulls. RSI is only at 59 which has plenty of room to get to 70 (overbought) and beyond that! For me, my plan is to try to scalp at .12 cents if there is a clear signal to do so, or wait to .20 cents cuz its at the top of the channel. In which I'd buy back at a lower level. My goal is to obtain 50k additional coins or more from scalping. I want this coin long term. I believe it is likely that this can get to $5 in a few years. That would be around $220 billion market cap, with a current cap of 3 Billion it certainly has a long way to go. But remember crypto is growing everyday. My main concern is that the technicals on this could become shot, this could break out above the ascending channel ( still a relatively new coin - under a year) It continues to add partners. Rumors circulating amazon - I believe that would be far out, just people pumping in my opinion. Feel free to comment with your thoughts and ideas. Ask questions if needed! GLTA
ALong
by StofAxeCapital
7