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Amp

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AMPUSD trade ideas

AMP - diamond top or continuation?AMP has formed a diamond pattern which can mean one of two things, a diamond top (since overall trend has been up) or a continuation pattern. one of the things i do if there's a pattern that can go either way is go check the BTC pair... so if you look at the AMPBTC chart, to me, it looks like a descending wedge that's about to break upwards... so with that, i think this diamond pattern is a continuation of the upward trend not trading advice, just my own opinion be safe tg
POLONIEX:AMPUSD
by Griffin0318
7
It's time to AMP it upSame chart, just adjusted bottom trend line for a tighter fit. Nice and simple chart, perfect formation priming for breakout of the top trend line. Some reasons I'm excited: Price has clearly been suppressed, just watch order books in real time. This effectively gets retail noobs off their tokens while whales accumulate them. I watch these books very carefully... Buying sprees have been consistently followed by individual major sells to bring price back down... then selling sprees have been followed by individual large buys to maintain a stable price. The accumulation is clear as day, you just need to look. So the question is why?? Do the whales know something we don't and want all the AMP for themselves?... Also did anyone else notice that when BTC and the entire market had its recent crashes, AMP went down the least % of nearly all tokens? Price has been going sideways while staying tight inside its current formation without breaking one way or the other yet. There's about 10 days left before we will see which way it goes, but I believe the only direction is up due to the circumstances listed which I've witnessed for myself. So what don't we know? Well what I do know is that AMP/Flexa has ridiculous potential. There's been the rumor that Flexa will be adopted by Amazon for their crypto payments... They say buy the rumor sell the news. If this unfolds to be true, we are talking about a top 5 crypto... $1/AMP won't sound so crazy after all. Anyhoo, as always pals... GLHF
GEMINI:AMPUSDLong
by CryptoVNV
9
AMP - Top 100 Cryptos in Coinbase that is lagging! Time to buy?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 (Not Financial Advice!): 1. Stochastic RSI - Almost time to buy! Once Blue cross Orange and above 20 Level, we go long! 2. RSI - hasn't been this oversold since beginning of the year (January 2021)! Real traders/investors buy at when RSI is oversold!! 3. AMP is one of the few cryptos in the top 100 still lagging and located in the biggest Exchanges in the world! (Coinbase/Binance) Buy Targets (between the red box!): Target 1: $0.052 (Corresponds to the 0.5 Fib Level) Target 1: $0.042 (Corresponds to the 0.618 Fib Level) Sell Targets: Shown in chart. Easily can make a $10k investment into $50k in a few months! "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%!"
GEMINI:AMPUSDLong
by jaydee_757
14
0.52 as next but expecting even lower eventualyBreak under 0.551 on maintained supply would be signs in fact still moving toward 0.052. Could still have more testing of 0.0556 before it happens. On the monthly and weekly demand showing barely presence, and the little that was of it got absorbed at the retracement of the last month bearish engulfing close. as for the weekly even if supply took a break around 0.47 the presence is heavy, so would still need to go lower and get it weakened and accumulated before any serious upward move. Daily
COINBASE:AMPUSDShort
by bibsz
13
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.
GEMINI:AMPUSDLong
by sav-888
2
Simplicity is keyLet's keep it simple buddy ol pals. AMP is a very unique project/token that can be applied to more real world use cases than most others. Fundamentals are great... calling for an easy long position. So now the next step is to look at the charts to see where we should enter. I've kept my eye on this token for a while and noticed a few things...: 1. Lots of hype and momentum upon Coinbase listing. 2. This hype and momentum moved on to other tokens while AMP has consolidated in a very straight-forward and simple formation for a solid amount of time. 3. Volume has consistently been heavier on the buy side although price has stayed within a specific range, which typically points towards manipulation with the market makers keeping price down while mass amounts of accumulation occurs. 4. (Most importantly) every BTC dominant *dip* that affects the entire crypto market (including this recent Sept. flash crash) has not dropped AMP value as dramatically as almost all other tokens and has not changed the trajectory AMP has been on. 5. Most projects have come close to, if not surpassed, previous all time highs... whereas, AMP hasn't even come close yet to its ATH of ~$1.20. In my eyes, all signs point to dramatic upside potential. Just the thoughts from your favorite degenerate trader. GLHF.
GEMINI:AMPUSDLong
by CryptoVNV
9