#SYN/USDT#SYN
The price has been moving in a downward channel since June 2022
Due to a strong support area at 0.2850
We are about to break the downtrend supported by oversold conditions on the MACD
Current price 0.4166
The first goal 0.7922
Second goal 1.0500
Nearly 240% of the current price
Powered by the Moving Average 100 breakout.
And break the reversal patterns to the upside.
Synereo
Surprise That $AMP Probably Will Run The Unexpected Pump SoonI remember back when this token were quite hyped back then on my twitter timeline by few accounts. Nowadays it's already bearish trend for 316 days with few spikes within that time frame. The bigger picture, it's bearish af here.
With lower high rsi level and the price action is real flat as you can see here, I bet it might bring us fortune anytime soon.
So, this token at the current moment only has 1/6 on circulating supply from it's total supply.
Synereo offers blockchain-enabled Attention Economy solutions, allowing direct and platform agnostic monetization of original content posted anywhere on the net.
It's just awesome that i tried the platform. Synereo looks good for relevant rewarding-social-media platform on the blockchain.
On top of all the chart is juicy af!
Go grab em! This is mid-term bag, so be careful on picking your bag.
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If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
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$AMP, Had To Let Them Know…
Weekly
Looking at our trend timeframe we see price continuing to respect our downtrend with support found 500 satoshis. Last week’s candle left us with an indecisive doji. Last time price was this low was back in November 2015 when AMP was first added to Bittex where we ran from 500 to 24000. Not expecting the exact same run, however I am expecting a push towards 15000, will watch smaller timeframe for entry.
Daily
Shifting over to our pattern timeframe we see price is stuck in consolidation between 620 and 670. Today’s open was 647 with a low of 625, and a high of 711 satoshis. Stochastic RSI showing momentum is in favor of bulls, a daily close above 670 activates our trade. A rejection from 670 and expect a sell off towards 500.
Cryptocurrency Market Analysis - 2018 June - Synereo (AMP-BTC)Since April 2016, Synereo (AMP-BTC) has had 2 complete market cycles and has started a third one since August 2017. Each cycle lasts on average of 8 months, with the 3rd cycle on its longest accumulation period yet (more than 10 months in). The highest advancing % so far is 582% on the 2017 cycle, while the lowest declining % is at -80.68%. The latest accumulation period (late 2017) may have already had another small complete cycle (August 2017 to December 2017) indicating a possible advancing phase in the next few days.
AMPBTCHere is my new idea about $AMP.
I was totally wrong on my last idea with it so I decided not to talk about it a little. So here I am, filling my bags with it by looking at WMA and MA cause it looks delicious. I'm just buying it and gonna hold it for a couple of weeks. If it hits 4k I'll be selling %25 of it and by the time it reaches between 6-9k I'll be just done and dusted.
LETS GO.
(If you want to look at the bigger picture)
(or look smaller)
SYNEREO AMP - It's been a long time comingIt's been a year since AMP has had it's day in the sun and it's hard to ignore the fractals in this chart - this coin is getting ready to have a good time this summer/fall. Also, I'm sure that I'm not the only who noticed the huge volume spikes while it was at it's lowest points in BTC value. Like most of the alts in the market, AMP is waiting for Bitcoin to make a significant move up. Once this happens, the rest of the alts will follow. This is what I see happening with AMP in the next few months without being overly-optimistic. It may go higher, to the 78.6 and beyond - that's fine with me. There are three targets I'm looking to make.
TARGETS -
0.00007220
0.00014500
0.00011000
STOP LOSS - 0.00002200
Synereo AMP vs Bitcoin - What Is Next?Following the previous idea on Synereo AMP, uptrend has begun as expected and price went all the way up and above the first strong resistance at 5k satoshis area. While the resistance has been broken AMP/BTC managed to break and close above the ascending channel signalling on a potential strong move up.
Currently price retraced back to 50% Fibonacci retracement and the upper trendline of the extended descending channel. It is also very close to the 200 Moving Average, thus the area between 3-4k satoshis should be treated as a massive support for Synereo.
While the uptrend is expected to continue, the next resistance is at 6k satoshis, which is 38.2% Fibonacci retracement level applied to the ascending channel breakout point. Second resistance is at 6.6k and Final upside target for the wave up could be as high as 8k satoshis.
On a downside, price could still consolidate for a little longer and even go back to 3k satoshis area. However, this is likely the worst case scenario for Synereo as the bull seem to dominate currently.
Synereo AMP vs Bitcoin - Uptrend, the BeginningSynereo has found the bottom at 2500 satoshis and immediately went up towards 50% Fibonacci retracement at $5k satoshis, that has been rejected. Price has corrected down and went back to the downtrend trendline, which this time acted as a support and also has been rejected.
After that AMP/BTC broke the downtrend trendline of the last corrective wave down, signally on a potential uptrend. The strong resistance is still at 5k satoshis area, but if broken it is likely to rise towards 88.6% Fibonacci at 6.7k satoshis.
On a downside, only break and close below 2500 satoshis could invalidate bullish outlook, thill then price should continue rising and perhaps could go far beyond 7k satoshi resistance area.
SynereoAmp (AMP) - 2018 Opportunity - Charts + FundamentalsNote: This is an update to my trade analysis from December 31st. I am posting this exclusively for long time followers and long term holders. I promised to update this trade once the market started to move again or the charts pointed to some strong action. I will do this with all of our old trades as promised.
Issued in 2015, SynereoAmp has a solid chart. We traded this coin back in December, the market correction hit and we waited long. Now, SynereoAmp (AMP) wants to move again. Let's see what it has to offer...
*** FUNDAMENTALS ***
- New product launch called "Product X".
- Coinburn: SynereoAmp to burn $100,000,000 worth of coins.
Both are the good type of news for any cryptocurrency. A product launch attracts possible investors and traders, while a coinburn reduces the amount of coins in circulation, which can affect the price in a positive way.
Since I already have a trade for this coin, and many of my followers are holding LONG, I will only update the targets. I am not offering buy-in nor stop-loss.
Here is the daily chart:
- From the last high back in June 2017, you can see that there is huge growth potential.
- The MACD and other indicators on my chart are showing plenty of room for growth and there is a breakout backed up by HUGE volume.
So enjoy...
*** TARGETS ***
(1) 0.000057
(2) 0.000068
(3) 0.000077
(4) 0.000087
(5) 0.000118
(6) 0.000168
Enjoy the rest of your day.
Enjoy tomorrow as well, and every single day...
As usual you can see, that patience is the key!
Namaste.
AMP - Crank it Hello, it's Mitochondria Mike and I'm back with one more trade for today
The focus of these initial trades is to give you a head-start out of this jolly old correction on the coins that we think will outperform during the coming market phase
So lets look at some fundamentals -
The most obvious recent interest in AMP is the imminent coin burn of 33% of non-circulating AMP, this is a brilliant catalyst for some price action. This is due to happen by the end of March although a confirmation of the exact date seems to be unconfirmed.
As a quick overview, AMP is the token associated with the Wildspark platform allowing the monetisation of original content, the platform is maturing and better establishing itself and it's likely that 2018 will see a big focus on this area of the market.
I recommend researching further into this token as it is an interesting project and has a very active development team
So lets take a look at the technical, as ever I like to take a light look here as we want to establish the following -
- Is the TA conducive to a large bull run
- Could this coincide with the fundamentals as a catalyst
- Are we at the optimal buy in
We can look at other aspects such as waves, it's worth noting that this coin did not see the same kind of insane gain in price over December as many others, this is good news. But we are looking at catalysts here, this is what is important.
Daily View
The daily view is looking positive indeed, the RSI is in bullish territory and curving upward, the MACD is closing in on a cross over and the momentum is showing plenty of room up, indeed there is the argument that right now is not a bad time to buy as it would only take the right announcement to send us on a healthy path upwards.
3 Day View
This is also past the neutral and showing positive signs, we have seen a very rapid reversal from the bearish crossover caused by Bitcoin rolling over and we are now heading into bullish territory, if we stay on course. However things for the moment look quite neutral with the MACD showing potential for a bullish crossover but seemingly no immediate intention to.
It is the signs of hesitation above which are showing across the market that makes us want to look for a better entry to this trade, Bitcoin is due another dip and we are not going to see this trade play out to it's full potential until Bitcoin is finished doing it's thing, one could almost suspect Synereo are aware of this which could explain their silence on the coin burn... perhaps we're moving into tinfoil hat territory now.
The recommended buy in for this trade is between 0.00003040 - 0.00003320
Sell targets will be updated as the trade progress, however an initial sell opportunity can be seen in the 0.00005400 region
Thanks for taking the time to read, give us a thumbs up if you found this helpful
MLC
Not financial advice , obviously use your noodle and do some research, and if you leave £10,000 in unmarked bills under a park bench of my choosing then I will send you back £20,000 absolutely free.
Synereo AMP BTC short term Bull Flag pending breakout Synereo AMP / Bitcoin BTC 2 hour candles
Yesterday I posted long term analysis on AMP here: My mid-/long term analysis is still relevant at the time I'm publishing this 2 hour candle chart, so feel free to take a look at the mid-/long term chart as well. Because I received some requests to publish the live chart for a short term view as well, I decided to publish this 2 hour chart.
AMP successfully broke out of the short term falling wedge from my February 21st analysis and is resuming its course towards the long term descending triangle ceiling, to test it for another break attempt on the mid / long term chart. Short term Synereo AMP is flagging and searching for the timing to break out from this bull flag. It looked like it was about to break upward yesterday, but the rapid Bitcoin price fall probably interfered with that (trade cautious, Bitcoin is still volatile).
Synereo announced it will have a coin burn this march. One third of the coin supply will be burned this month, which will make it more scarce, and will probably influence the price in a positive manner. blog.synereo.com
You can use this chart analysis to assist you in trading, to help you identify trading patterns, trend lines, support and resistance zones you can monitor for breaks.
Personally I only enter trades after I witness a break confirmation and set layered sells slightly below resistance targets. My analysis is not financial advice: you should never invest solely upon reading my or another persons TA and always do your own research: explore news, social media, white papers, tech info and so on.
Be extra cautious during these times of Bitcoin , where BTCUSD fluctuations can easily disrupt trends of other coins. Monitor your investment and set alerts and stop loss orders in place.
I hope you like my charts, if you do; please hit that like button so they move up in the list for more exposure :)
Happy Trading! ~ CryptoJC
Bullish: Synereo AMP Bitcoin broke out of Falling WedgeSynereo AMP Bitcoin 1 day candles
AMP successfully broke out of the short term falling wedge from my February 21st analysis and resuming its course towards the long term descending triangle ceiling, to test it for another break attempt. I have indicated the (Fibonacci) support and resistance zones for you to monitor.
You can use this chart analysis to assist you in trading, to help you identify trading patterns, trend lines, support and resistance zones you can monitor for breaks.
Personally I only enter trades after I witness a break confirmation and set layered sells slightly below resistance targets. My analysis is not financial advice: you should never invest solely upon reading my or another persons TA and always do your own research: explore news, social media, white papers, tech info and so on.
Be extra cautious during these times of Bitcoin , where BTCUSD fluctuations can easily disrupt trends of other coins. Monitor your investment and set alerts and stop loss orders in place.
If you enjoy my charts a like is always appreciated.
Happy Trading! ~ CryptoJC
Synereo AMP vs Bitcoin - The BottomSynereo AMP has been trending downwards since the beginning of the year and has lost 67% to Bitcoin while moving from 7800 satoshi down to 2500 satoshi area. Fibonacci applied to the uptrend trendline breakout point shows that price has reached the downside target, hitting 100% retracement level.
Simultaneously, AMP/BTC reached the bottom of the descending channel which suggested the potential bottom for this corrective wave down and could result in the trend reversal. At the same time price could consolidate for the short time between 2200 and 2500 satoshi, but buying opportunity stays very attractive already.
On the downside, only break and close below the 2k satoshi could invalidate bullish outlook.
Get ready for a Third Elliott Wave, Synereo AMP/BTCThis coin is showing strong volume and potential strong bounce back after going just below the 0.382 fib level.
AMP has stabilized on that support and is looking to make a Third Elliot Wave. Considering the market conditions that might quickly turn positive, I expect this coin to make similair move as it is laid out on the chart.
I am giving this trade about 2 weeks to about 3 months to completely develop. We should be taking small profits along the way. Here are some of the targets
Targets:
0.00007176
0.00011950
0.00015327
0.00021097
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.
Synereo AMP breaks outSynereo AMP breaks out of descending triangle before news of software update. AMP has been in the dumps for a long time with strong sell pressure following a product launch. It reached all time lows, and now it looks like it's recovering. Risk/reward ration is very good, in my opinion. Synereo is a decent start-up company that's still working. If their product, WildSpark, catches on the price could rise substantially. Long term: it may get overtaken by competitors and be relegated to obscurity.