Ampleforth
AMP Analysis www.tradingview.com
If BTC continues to 48k or better by Oct. 15th
AMP has potential to go to .064-.074 First Target
Then find support at .056 area
next target would be .094 if break could run
My long term target is .1824
If .046 does not hold support possible breakdown to .029 - .039
Let's go BTC get above 45k and things will be interesting.
Will be looking to exit my position by Oct.15. I expect a major shakeout in BTC but think it will make a decent run possibly to $56k-$59k then dump hard before a new ATH .
Que Insults etc...
#FORTHUSD #Ampleforth FractalWill Ampleforth go to 100x? FORTH is very early and has a good entry point. Considering the bottom was $10, max supply 15M, it could go to 4 figures next year, replicating Solana's incredible run this year. Drawn this chart inspired by alts who have already done 100x.
This is not a financial advice. Thanks for watching
FORTH heads to top of channel 21.90 -> 22$(refer also to charts for forthBTC pair)
looking at 4hr ForthUSD chart,
Forth shows signs of reversal. Higher low is created on both ForthUSD and ForthBtC charts.
ForthBTC chart also showing signs of reversal. Expecting a potential move from BTC -> FORTH which is consistent with the USD chart. both pairs FORTH(usd,btc) moving up will send FORTH to top of the current channel and possibly higher.
watching this closely.
trade safely.
Thanks
🆓Ampleforth Governance Token (FORTH) Aug-20 #FORTH $FORTHEvery time FORTH approaches the 16$ zone, there is always buying force here to help FORTH rise again. If it doesn't lose this $16 zone then in the next few days it will surge to the $22 and $28 zone. But if it loses this $16 zone, it will fall back to $13 zone
📈BUY
🔴Buy : 15.6-16.4$. SL if B
📉SELL
🔴Sell : 21.5-22.5$. SL if A
🔴Sell : 27.3-28.7$. SL if A
♻️BACK-UP
🔵Sell : 15.6-16.4$ if B. SL if A
🔵Buy : 12.7-13.3$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
AMPL in a steady updtrend
AMPL is in a steady uptrend since the May crash. It is the only token I found to have somewhat decoupling from the cryptomarket temporerally and continues to make steady profits since May. This may be due to the rebasing nature of AMPL. We can see AMPL has been fluctuating in a channel between ~0.7 and ~1.8 USDT over a long period of time. Currently it stands at around the mid point of 1.07 USDT. If this is the case, AMPL was, and still remains a very good investment, at least until we get a clear direction for the general market, as it is less susceptible to the constant BTC dips. Instead, by following its current uptrend, it is gaining very good traction against BTC (see the AMPL:BTC chart).
I expect one of two scenarios:
1. AMPL will continue up until it reaches ~1.8 USDT and then it will start declining. This is representative of the simplistic sketch I made in the chart. I suggest stop losses at around the current daily MA price. Expected profits can be around 50%.
2. New hype (e.g. AMPL being added on AAVE as a borrowing asset) may bring a surge of new liquidity into AMPL causing a price hike that may shoot price out of the regular channel and above 1.8 USDT. This won't last, but can lead to very high short to mid term profits (see AMPL:BTC for potential).
In any case AMPL seems like a very good investment for now.
AMPL/USDT Double Bottom Formation, 2x Profit Probability!I've been following this chart for almost months, but since I'm not actively on the crypto exchange, I can't take advantage of these opportunities. Actually, I should have shared this chart months ago, but I forgot. It seems too late to buy now, but we may still have a chance.
If we look at the other double bottom formations, it was realized with a slightly longer interval. Even if we look at the bottom, we see structures with double needles. Maybe the last double bottom I showed could be single of the double bottom formation. Therefore, we can see a decrease to 0.75-80 levels again. If it stays above 200EMA (Purple line) maybe it can go directly to 1.70 levels. Both possibilities are positive, but for those who can't buy it like me, it would be good for it to drop once again. If it were me, I would put my limit order at numbers like 0.80 and wait. Also, none of what I've said here is investment advice.
Additionally, it has taken a very resilient stance towards BTC. Yes, it fell more than 50 per cent but that helped our technique work. As low as 0.50, buyers recovered this price and retreated to the main zone. I think this fake breakout shows us that there are still a lot of buyers and they are resistant to BTC dominance. So I would trade with stop-loss. As a sell order, 1.60-1.70 levels look very perfect. Of course, there is no such thing as it will come out, but he has tested it 3 times. In fact, this time (if it comes out) it can go above the 1.70 level and break the big resistance. Your every investment is your responsibility. I hope all your trades will be profitable. I wish you a good day!
I trust the AMPL...
🆓Ampleforth Governance Token (FORTH) May-12 #FORTH $FORTHFORTH is at the ATL point and we can take risk here for targets at 44$ and 60$ zones in this May. But if FORTH keeps losing this 33$ zone, we must sell it and wait for a clearer scenario
📈BUY
-Buy: 32-34$. SL if B
📉SELL
-Sell: 43-45$. SL if A
-Sell: 59-61$. SL if A
❓Details
🕯Timeframe : 8 Hours
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Forth to $90 and wayyyy beyondForth forming a W pattern. Question of time before it breaks out; could be still this month or next month.
Retest of ATH at $90 and then sky is the limit. It could reach several hundreds of dollars mid/long term (think AAVE, COMP) . 15 mil market cap for this governance token to AMPL, which IMO, is one of the most innovative cryptos and a genius way to view & handle "money", since BTC. DYOR. The FORTH / AMPLE is technology that has the potential to change the world.
Not financial advise. I just look at things. MAY WE ALL MANIFEST LOTS OF WEALTH!
AmpleforthThis coin ridiculously easy to play and making some strong regular moves. not dipping at all. Can find it on Kucoin or FTX.
Demand Zone is now. checked indicators and they are perfect on 1D.
Strategy :
- Wait for a breakout of the 3EMAS and buy it just after 1$
- TP1 : Before 1.5$
- TP2 : Before 2$
if AMPL not break EMA's just don't buy it.
PS : u can also buy it now and sell it before EMA' (Before 1$) and rebuy after a break. but not sure it worth the risk reward. your choice!
Don't greedy !
Happy Tr4Ding !