AMP
AMPBTC Three Drives PatternOn the 1-Day time frame we have a very optimistic scenario which indicates a significant growth in the following month. We examined 30-Minutes charts and found that after harmonic pattern XABCD we may see Three drives formation as RSI and MACD indicate an overbought state. The completion of this pattern will bring the price to the mentioned in the signal targets as fundamentals of the coin are good too. The major update is about to be released on February 13, 2018, their extension application will become a full web-app.
AMP 7.5:1 risk/reward ratio!Be patient and selective with your trades. There's hundreds of opportunities everyday. Don't rush into the trade. Be patient and you'll almost always win. Use good risk/reward ratios and you can be wrong more than you're right and you'll still profit. Think about that. The price will find the order ;-)
Synereo (AMP) VS Bitcoin UptrendSynereo (AMP) found the support at 17k satoshi and went up breaking above the 200 Moving Average. What is more important is that AMP/BTC has also broke above a very strong resistance at 6770 sats, that previously acted as a support as well as resistance, but today price managed to clearly close above that level, not to mention that the uptrend trendline has been rejected.
From this point, 6770 sats should act as a support pushing price higher. The first strong resistance is seen at 15k satoshi, where 50% Fibonacci retracement is. In addition, 261.8% Fibs, applied to the corrective wave after the MA breakout, is also at the 15k satoshi level. It seems that the uptrend continuation is just around the corner and price could double in the coming weeks. Break above 15k sats should send the price to 17600 satoshi, and if it breaks higher then it could be the actual trend reversal, rather than the correctional wave up. Only a break and close below the 200 MA could invalidate bullish outlook.
AMP / BTC Potential PROFIT IS 200% OR 500% INVESTMENT FOR LONGERAMP / BTC Potential PROFIT IS 200% OR 500% INVESTMENT FOR LONGER
BUY 00004000-00007000
STOP-LOSS 00002500
OBJECTIVES
1. 7063
2. 9600
3. 11900
4. 14895 200%
OR
5. 21203
6. 25100
7. 30880 500%
PROJECT
AMPs, Synereo’s content flow currency, serve as a way to Amplify the flow of information in the network. AMPing content increases its ability to propagate to peers and the chances of it being seen by more users. This gives them an inherent market value, as any business or individual wishing to bring information to your attention non-organically has to pay you with AMPs for it.
AMP showing a huge swing trade opportunity.AMP is looking to repeat history as it rallies upward. Look to buy in at around 7300 sat's and a break at the 23.6 fib. Watch for major resistance as it approach the trend line. If that can be broken I would look to take profit around 17400 sat's. The reason I would exit the trade at this point is due to the fact the last peak was 36% lower and if that is the case than it will fractal again and peak out 36% lower then the previous high which comes to about 17435 sat's or the 61.8 fib. This uptrend is looking promising as the 50 day MA is about to cross both the 100 and 200 day MA. Holding above all three of these averages is a strong sign of bullish momentum. Overall if this trade works as I predict it could lead a massive profit of nearly 140%. As always I will update this TA if I decide to hop into this trade!
Let me know in the comments if you find this TA to be promising! Throw a like and follow if you dig my work as well. -CJW :)
AMPBTC : LONG : WEEKLY $UPPORT #ITSTHATTIMEAGAIN #IDOE$THISGreetings. I'm back. Yes, i'm going full time cryptos because there are substantially more commas in this space.. and you know I don't post unless it's something special <3. There's nothing too spectacular about the fundamentals of AMG coin, I just know what i'm doing ;)
-Monthly Support
-Bullish Flag on 4hr
-Thank me later
AMP Trade OpportunityAMP Technical looking good, we have set trend reversal alert for 3k satoshi which is support turned resistance, which will serve as our entry point.
We have a little opportunity in a channel trade here, movement to top of channel is around 700% gains.
Market cap is $20M and is in social media sector with less than 5 competitors, 2 biggest being IFT (investment niche) and steemit.
This one focuses more on preserving good content on web with incentive to do so.
The product is Wildspark and has some upcoming news:
The February 13th Update – WildSpark Goes Mainstream
The major update, due to be released on February 13, 2018, will shift WildSpark from an extension into a full web-app. It will provide an extensive enhancement to WildSpark’s core capabilities, with a multitude of new and powerful features:
Threaded commenting system for each piece of content, with in-browser notifications facilitating an ongoing discussion.
Support for content from various platforms in addition to YouTube, including text, music, images, and GIFs.
Amplifying content, with the recipients getting AMPs, using any type of currency – crypto and fiat.
Creating personal profiles, building a unique WildSpark identity.
Earning rewards for referring people to sign up and use WildSpark.
Back to the technical analysis,
MACD blue line looking to cross orange from downside to upside, stoch RSI supports upward movement, possible 3 dives pattern (not entirely sure if valid so take with caution).
Risk reward looks very favorable in this pair.
We are not entering yet but this is definitely a project we will add to core holdings for 2018 and beyond with product release in Q1.
Linked a related idea to a much better overall analysis done by Papou that only has 442 and is certainly overlooked.
AMPBTC - Edge to Edge - Breakout TradeAMP is approaching edge to edge trading zone on the daily MA cloud. If we get a close above the MAMA average, I expect price to swing to the FAMA edge with good momentum.
The creation of the white doji is a good indication price is about begin trending in a direction, and the 4H momentum candle that opened after is a good indication price will continue moving to the upside.
Daily StochRSI positioned well, I am expecting a gain of ~50% on this trade.
Amp's steady ascentAmp has been slowing been moving up since a low of .09 about a month ago; steadily making higher lows along the way. Looks like on the 9th of November it broke resistance, but the breakout may have been cut short by the btc drama, which started at around that time. The price may very well be suppressed by btc action and undervalued right now. Looking to buy at next test of the bottom support line. In the mean time, since I know nothing about the coin, I'll be doing to some reading up to see if this coin is worth investing for the longer term beyond a short term flip.