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AMPUSD

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.
Long
by JCBCrypto
5
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.
POLONIEX:AMPUSD
by TheChartmergeny