long-term on log scale AMP has dropped ~ 70%.
This is a significant drop and not very promising of continuation as a 2nd wave given it broke the 1st wave of previous degree.
I suggest waiting to buy any of this token until it either crosses the RSI resistance trend line on the weekly
or it crosses the resistance price trendline on weekly, log scale.
if RSI trendline weekly crosses may be signal for a move of some kind so we shall see
This is a significant drop and not very promising of continuation as a 2nd wave given it broke the 1st wave of previous degree.
I suggest waiting to buy any of this token until it either crosses the RSI resistance trend line on the weekly
or it crosses the resistance price trendline on weekly, log scale.
if RSI trendline weekly crosses may be signal for a move of some kind so we shall see
Note
let's see if it can hold here. took a long while but has broken the long-term resistance area
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.