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AMPUSD trade ideas

Get AMP ed Up 4 a Reversal Rally in this Payments Network Micro“A stupid man's report of what a clever man says can never be accurate, because he unconsciously translates what he hears into something he can understand.” the obvious downside is that the trading volume is very low relative to Market Capitalization. Amp is described as the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for a wide variety of asset-related use cases. Amp claims to offer a straightforward but versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers. Where collateral partitions can be designated to collateralize any account, application, or even transaction, and carry balances which are directly verifiable on the Ethereum blockchain, collateral managers are smart contracts that can lock, release, and redirect collateral in these partitions as needed in order to support value transfer activities. Amp supports a wide variety of use cases for collateralization, and also introduces the concept of predefined partition strategies, which can enable special capabilities such as collateral models through which tokens can be staked without ever leaving their original address.
COINBASE:AMPUSDLong
by noam_chom
Basket trading for max gains and min losses 🧺 🤑 Many of you probably aren't familiar with a trading strategy called basket trading. I got first introduced to it from my Forex trading days and immediately saw its value. I apply that to Crypto trading to minimize my losses and keep my trades stable and less volatile. It also allows me to harvest profits as targets are reached. Here are the facts about the market. Market comes across looking random because many cannot quantify the factors that contribute to price movement, and therefore it appears random. We can take that assumption as a fact. Due to various timing factors, the market appears random within a certain time range. We can use this randomness to our benefit. This means if we trade a basket of cryptos that exhibit various timing and trend attributes, then we end up with a single "currency" or asset that tends to move in more of a sinusoidal pattern with a bias towards a direction. Price tends to cross the 0% gain line, often giving us many opportunities to adjust that basket. These adjustments involve taking out profit and breaking even from other coins. If the basket trend is bullish or bearish, that's all you need to make a profit from the basket. You can use the amazing TradingView feature of combing cryptos quickly to create your basket. More about the feature is here: Here is a quick tutorial on how to perform this exercise of creating a basket. The more coins you have, the smoother the movement will be, and more often, it will reach the 0% gain level. The advantage here is that this acts as a "stop-loss" without taking a loss, and you can harvest profits with TP limit orders. Determine the series of coins that you think are bullish or bearish. Stick to only one direction. Let's say for this example; you went with bullish. Determine the volatility of each coin: meaning, the general % movement of the price that is expected typically. Use that volatility to determine the % of the investment that should go towards each coin. Now, create the chart formula based on that percentage, and you got yourself what the basket of currencies looks like. Here is an example: BTCUSD, ETHUSD, JASMYUSD, AVAXUSD BTCUSD->2%, ETHUSD->5%, JASMYUSD->15%, AVAXUSD->9% (not real values) If I have $1000, I will invest most into BETC and least into JASMYUSD to make my overall basket constant in volatility. This yields about BTCUSDx4, ETHUSDx1.8, JASMYUSDx0.1, AVAXUSDx0.7. If you put $100 in each coin, multiply it by the multiplier, $400 on BTCUSD, $180 on ETH, etc. You can play however you like. You can maximize for higher risk as well. Now on the TradeView chart, enter the formula for the coin to see the single basket currency made up of your combination: BTCUSD*4+ETHUSD*1.8+JASMYUSD*0.1+AVAXUSD*0.7 I also add each coin, so I see how the coin itself moves relative to the others. You can apply indicators and whatever you like to it and trade it just likes how you would trade anything. All the math that applies to a single chart applies to this basket. I'm yet to see a platform that lets us easily trade complex strategies like this, so I'm making my own for trading purposes. If you know of one, please let me know in the comments so that I can try it out. If you have any questions, please ask, and I will try my best to answer. If you found this interesting or helpful, please like it! Thank you! Please keep in mind that this is not a guaranteed way to make profits. There are still risks like the entire crypto market going against you. This happens when there are fundamental changes that affect the market. Please trade at your own risk and play it safe.
COINBASE:AMPUSDEducation
by Saver0
10
AMP Token: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for AMP token (AMPUSD). AMP token is inside an ascending triangle pattern and facing various resistance areas - EMA ribbons, 50 and 200 SMA, Multi-month resistance trend line, and the major Support and Resistance Zone. Beyond that area, the resistance is at the Ichimoku Cloud above. RSI may come back down to the Support Line very soon (bounce possible), MACD is bullish, MFI is at the support line, Stoch RSI is about to reach the overbought region. If AMP can break out of the S/R Zone and Resistance Trend Line, I believe there is a good chance for price to move higher. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
GEMINI:AMPUSD
by MillionaireEconomics
1
AMP relief bounce to $.057? $AMP seems to have found a short term bottom at .0377. I've entered a position at $.038 looking for a bounce to $.057. It likely won't get there in one quick move though. I'm looking for price to test the $.045 range as resistance and then retest this range at $.038ish as support before seeing the move up to $.057. If that plays out, it would provide some nice trading gains while waiting for the full move up to test the 50% retracement at $.057. R/R 50% upside with risk of .8% putting a stop before that local low. Let's see how it plays out over the coming weeks.
COINBASE:AMPUSDLong
by benjihyam
2