AMPUSD trade ideas
#AMP Token 1D - Downside with supportAMP broken below the rising trendline it has been forming since March 2021. It broken below the trendline in September 2021, but went back above it in early November 2021. If we see a further correction in price, we could go to the bottom of the rising channel around 0.043-0.044. If it goes below that channel, we could get supported by a prior high around 0.038 - 0.04 range.
Lastly, keep an eye on the RSI as it seems we are bouncing off of a trendline as well and it may be headed down there for another bounce.
What are your opinions on this? Comment below, hit the like and follow me. Thank you!
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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 #bitcoin #altcoins
Thoughts on this 12345 Elliott Wave plot?So going off of my first published idea of the Flat 3-3-5 ABC Correction from June 16 to Oct 27, I've read that flats are typically found in the 4th wave position of the Elliott Impulse Wave pattern. If that's the case, then we should be looking at wave 5 next for AMP, which lines up with the EOY to Q1 2022 Altseason that's coming.
What I've been trying to figure out is where Waves 1, 2, and 3 should be plotted. I think the Coinbase listing effect in June disrupted the waves structure a bit because Wave 3 should've been in May when AMP hit an ATH of $0.0785. But where I've plotted Wave 3 now lines up with the ABC correction from June to October. I also tried plotting Wave 1 to the peak on Feb 12 and Wave 2 to the low on Mar 9, but that would break the rule where Wave 4 is not supposed to be lower than Wave 1.
Would like to hear your thoughts!
AMP completed a 3-3-5 Flat ABC correction on Oct 27AMP completed a 3-3-5 Flat ABC correction on Oct 27. Only one way to go from here. Up.
AMP hitting supply and coming back to demand. 1:3 trade ideain past days AMP found plenty of supply and now the price is moving in search of a decent demand,
i think we could try to anticipate the demand zone a little bit and shoot for a 1:3 R/R trade
let's see if some buyers will show up!
AMP - Bottomed.I will let the chart speak for itself. It's bottomed out. Retests may continue along the way, but rest assured - it's happening.
Amp token missing tailDay candle missing bottom tail
Price will have drop again to create bottom tail
All daily candles have bottom tails.
Major support & Fib Region I know this coin is extremely volatile, but I think within the next few week this can potentially gain some interest thus pushing towards the previous high in hopes of finding a new ground. I want to be optimistic about this coin, but the reality is that anything can happen and I'm willing to be patient for the reward if any.
History will repeat itselfAmp is about to take off. The price action that is happening now is exactly the same as the one occurred on 06/13/2021.
I am solely expressing my personal opinion and is NOT a financial advise.
This is my first opinion. I would really appreciate it if you post me your opinions.
AMP might continue to rise or might fallPotential rally to .10 after consolidation. price hit a resistance zone 1 and 2 and is riding under the resistance I believe we have a ascending triangle developed or a potential symmetrical triangle developing. if symmetrical it will be bearish if the ascending triangle idea holds we can rally to .10
AMP is getting closer and closer to a triangle pressure point.The area marked by a circle could be huge bull breakout potential in the coming weeks/months. Def a big one to watch.
#AMPUSDT Risky (Long Term) 10/21 #AMPUSDT Risky (Long Term)
Buy : 0.05070000 - 0.04342710
Target 1: 0.05323500
Target 2: 0.06177000
Target 3: 0.08872500
Target 4: 0.12675000
Stoploss: 0.04231498
Signal R/R: 10% / 150%
Net ROI : 50%
Invest / Position Size : 3%
Exchange : Binance , Bittrex, KuCoin, FTX,
Duration: 15-90 days
Confidence in Trade : Low
Analysis :
we ask Allah reconcile and repay.
AMP (CRYPTO: $AMP) Breakout Confirmed; Next Stop 25-Cents❓What is Amp?
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.
How does Amp work?
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.
AMP - Breaks out from it's triangle! Bullish!Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!!
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 irrelevant 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 opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions!
Facts:
1. Broke out to the upside of the bullish pennant!
2. Stochastic RSI - Crossed bullish and awaiting to cross the 20 level for bullish confirmation!
3. RSI - broke out from the 7 month trendline!! and still oversold on the weekly!!
Buy Targets: 0.047 - 0. 49 (Corresponds to the 0.5 and 0.618 fib!)
Sell Targets:
Target 1: $0.22 (Corresponds to the 3.618)
Target 2: $0.25 (Corresponds to the 4.236)
"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
"The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become."
"If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"
#AMP AMP Token - RESISTANCE AREAS 12H ChartIf AMP decides any day now to have a breakout, I was looking at where the major resistance areas would be. I put a few points that seem to have multiple resistance touch points.
I also layered in the Fib levels to show where we may need to get to.
What are your thoughts? Comment below and hit the like please. Thank you!
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 #bitcoin #altcoins
AMP 4 HR Bullish Coming out of a flag with Pro Blue OSC over zero line, MACD turning up, RSI healthy, and Cipher printing a BUY. Let’s see if it gets continuation.
AMP update / Bear move before advancement. Here is an AMP update.
25% drop with a very quick recovery.
If you are day trading on this coin, then you are banking...
Good Luck!
AMP Coin To Break Out SoonThis coin has been under accumulation around .045-.055 and is now showing volume suggesting a bullish wave to .10
AMP - Buy the 60% DIP and HODLThis is a great non leverage entry into AMP. over 60% buy rating from coinbase and it's current price is a great bargain. HODL and accumalte now
AMP TOKEN #AMP 1D - TechnicalsAMP had a nice breakout and re-test incoming it seems. A few technicals I noted on the chart:
1) Keep an eye on the 55-57 RSI as historically it proves importance as circled in the charts.
2) The Stoch RSI has room for growth as well based on historical trends.
What are your thoughts? Comment below and hit the like please. Thank you!
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 #bitcoin #altcoins
