AMP looks to be forming a descending wedge & I'm looking for a breakout for confirmation of such
Previously I had a look on the Renko chart for AMP & noticed this potential breakout setup that could lead to the below idea playing out.
AMP has some potential for another swing up, watch for successful breakout & close above upper descending resistance for confirmation!
*Will update both AMP ideas with relevant information when available*
*Symbol tags below*
AMPUSD
AMPUSDTAMPUSD$BITTREX:AMPUSD
AMPUSDAMPUSDAMPUSDT
AMPBTCAMPBTCAMPBTCNote
That was a close one!Fake-downwards breakout
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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.