Amp / Tether USDLong
AMPUSDT
This crypto seems to begin the third wave of its motive trend if it break the top side of the triangle. Based on the Elliot theory #AMPUSDT complete a running flat correction wave as its second wave, and it is supported by MACD zero lines. Additionally, there are two AB=CD harmonic pattern in the chart which indicate that this crypto can potentially reach its parallel channel high.
As indicated on the chart, the first impulsive wave is a kind of diagonal wave type.
As indicated on the chart, the first impulsive wave is a kind of diagonal wave type.
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.