AMP token forming bullish BAT for another price reversal moveHi dear friends , hope you are well and welcome to the new update on AMP token with US Dollar pair.
On a 2-hr time frame, AMP is about to complete the final leg of a bullish BAT move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Amptoken
AMP token formed bullish Gartley for upto 61% rallyHi dear friends, hope you are well and welcome to the new update on AMP token with US Dollar pair.
On a 4-hr time frame, AMP has formed a bullish Gartley move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
AMP/USD daily time frame analysis AMP TOKEN is my absolute favorite coin!
Monthly, weekly and daily analysis is pretty difficult to do on AMP. Wicks need to be filled both on the daily and weekly time frames. Closest wick that needs to be filled on the weekly time frame is the red box on the chart which is 385% from current price.
Trend lines also need to be met at some point. But red box where wicks need to be filled is closest to price action. But once red box is filled then I’ll be eyeing trend lines.
I can’t set up a fib that fits right and that I’m happy with on AMP.
In AMP I trust!
What does everyone think?
AMP Token: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for AMP token (AMPUSD).
AMP token is inside an ascending triangle pattern and facing various resistance areas - EMA ribbons, 50 and 200 SMA, Multi-month resistance trend line, and the major Support and Resistance Zone. Beyond that area, the resistance is at the Ichimoku Cloud above. RSI may come back down to the Support Line very soon (bounce possible), MACD is bullish, MFI is at the support line, Stoch RSI is about to reach the overbought region. If AMP can break out of the S/R Zone and Resistance Trend Line, I believe there is a good chance for price to move higher.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
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#AMP Token 1D - Downside with supportAMP broken below the rising trendline it has been forming since March 2021. It broken below the trendline in September 2021, but went back above it in early November 2021. If we see a further correction in price, we could go to the bottom of the rising channel around 0.043-0.044. If it goes below that channel, we could get supported by a prior high around 0.038 - 0.04 range.
Lastly, keep an eye on the RSI as it seems we are bouncing off of a trendline as well and it may be headed down there for another bounce.
What are your opinions on this? Comment below, hit the like and follow me. Thank you!
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
#AMP AMP Token - RESISTANCE AREAS 12H ChartIf AMP decides any day now to have a breakout, I was looking at where the major resistance areas would be. I put a few points that seem to have multiple resistance touch points.
I also layered in the Fib levels to show where we may need to get to.
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
AMP TOKEN #AMP 1D - TechnicalsAMP had a nice breakout and re-test incoming it seems. A few technicals I noted on the chart:
1) Keep an eye on the 55-57 RSI as historically it proves importance as circled in the charts.
2) The Stoch RSI has room for growth as well based on historical trends.
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
AMP TOKEN #AMP CHART - AT THE APEXStill in this gigantic triangle with AMP. We are at the apex (almost). Something is going to happen really soon.
I enjoy creating scenarios. What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
#AMP AMP TOKEN 1D CHART - GET READYAmp Token seems to be close to the apex of the long term triangle on a 1D chart. Get ready for a move. I am looking at the RSI as well which has room to go up. I added in VPVR and Fib lines.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. DO YOUR OWN RESEARCH! #cryptopickk #bitcoin #altcoins #amp #amptoken #flexa
It's time to AMP it upSame chart, just adjusted bottom trend line for a tighter fit. Nice and simple chart, perfect formation priming for breakout of the top trend line.
Some reasons I'm excited:
Price has clearly been suppressed, just watch order books in real time. This effectively gets retail noobs off their tokens while whales accumulate them. I watch these books very carefully... Buying sprees have been consistently followed by individual major sells to bring price back down... then selling sprees have been followed by individual large buys to maintain a stable price. The accumulation is clear as day, you just need to look. So the question is why?? Do the whales know something we don't and want all the AMP for themselves?... Also did anyone else notice that when BTC and the entire market had its recent crashes, AMP went down the least % of nearly all tokens? Price has been going sideways while staying tight inside its current formation without breaking one way or the other yet. There's about 10 days left before we will see which way it goes, but I believe the only direction is up due to the circumstances listed which I've witnessed for myself.
So what don't we know? Well what I do know is that AMP/Flexa has ridiculous potential. There's been the rumor that Flexa will be adopted by Amazon for their crypto payments... They say buy the rumor sell the news. If this unfolds to be true, we are talking about a top 5 crypto... $1/AMP won't sound so crazy after all.
Anyhoo, as always pals...
GLHF
Despite Bear Market AMP Token SurgedDespite Bitcoin was bearish AMP turned bullish:
The AMP token was following Bitcoin’s move like all other altcoins and cryptocurrencies. But if we take a look at the weekly time frame chart, then after the candle stick which was started on the 17th of May the price action of Bitcoin was moving sideways but on the other hand the AMP token was extremely bullish and surged more than 350%.
Different support and resistance levels:
On the daily time frame chart, the price line of AMP token has different support and resistance levels. Previously $0.062 and $0.075 had been working as a major resistance levels. After rejection, the priceline made turned strong bullish and finally broke out all the resistance levels and found a final resistance at $0.115. Now after being rejected by the $0.115 resistance level the price action has broken down the previous resistances which were now working as supports at $0.075 and $0.062. Now the priceline has finally found strong support at $0.052 and moving above this level.
Broadening formation:
On the weekly time frame chart, it can be easily observed that the price line of AMP token has formed a broadening formation. Every time after getting bounced by the support of this pattern the price action moves up and forms higher than the previous high. This time the price line after being rejected by the resistance, is moving down and there is a distance between the support and the price line AMP token. Therefore, the price action can move a little bit more down for the completion of the bearish move to have another bounce from the support.
Big bullish Cypher pattern:
On the weekly time frame chart, the price action of AMP is forming another bullish Cypher pattern. There is also 25 simple moving average support in the buying zone. Before this, AMP formed a Cypher (which I have already shared on 26th Mar 2021) and this previous pattern produced more than 380% rally.
Previous pattern:
Now this time when AMP token will complete this final leg of the bullish Cypher then it will also complete the move upto the support of the broadening formation.
Current pattern:
Conclusion:
Even though this time the AMP token is again forming a big bullish reversal pattern. However, for the completion of the final leg of this current move we need a little more drop and then the price action will enter the bullish reversal zone. Ideally, after entering the potential reversal zone we can buy this token.
AMPUSD double bottom reached....hold the line! $AMP hit double-bottom and moving up from the bottom upward channel....HOLD the line and those selling will be buying back at higher prices! buy the DIP....always do your due diligence! $AMP has awesome technology behind it and the price appears to be highly undervalued
Surprise That $AMP Probably Will Run The Unexpected Pump SoonI remember back when this token were quite hyped back then on my twitter timeline by few accounts. Nowadays it's already bearish trend for 316 days with few spikes within that time frame. The bigger picture, it's bearish af here.
With lower high rsi level and the price action is real flat as you can see here, I bet it might bring us fortune anytime soon.
So, this token at the current moment only has 1/6 on circulating supply from it's total supply.
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It's just awesome that i tried the platform. Synereo looks good for relevant rewarding-social-media platform on the blockchain.
On top of all the chart is juicy af!
Go grab em! This is mid-term bag, so be careful on picking your bag.
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