AMP2USD trade ideas
AMP Price prediction for beginners by a beginnerI am new & this is my first published idea, I welcome any & all constructive feedback. I am NOT a financial advisor, this is NOT financial advice, I'm just a dude who has been smitten by charting.
$AMP is one of the new listings on Coinbase & is (at time of typing) the "cheapest" currency on the big American exchange. This chart is a basic example of price action on the daily candles, local low, local high & 2 basic trend lines. Other macro indicators & TA has highlighted late September/Early October as the potential peak for the 2nd half of this bull run & this $AMP chart follows those trends. I anticipate a sell price, which is a 3x from my average cost, of just over .18 USD on or before 9/21. This analysis is almost entirely based on TA & $AMP tokenomics.
I see this as an easy opportunity for new retail investors, (like myself) to make some money, gain some confidence & inspire more people to use Trading View.
TrendHacker on AMP. How does B differ?Educational Tips can be found written out on the Chart. The purpose of this Tutorial is to help more people understand the difference between The Squeeze Momentum Indicator and TrendHacker_B.
The Purple and Green Columns are not data corresponding to the Momentum of a Squeeze; Rather, the data being analyzed is of the strength of the Trend we see playing out in TrendHacker_A's Purple/Teal Ribbon & EMA Cloud.
The Columns also display the measured conviction throughout a possible Reversal.
(I am not a Finacial Advisor or an Expert Analyst, always be sure to do your own research when considering an investment. This is NOT Professional or Finacial Advice.)
short term Still feel like there's a little kick left in her. Only coin to not get touched on CB after this shake out.
Nice for a swing play. Only coin not following Bitcoins movements over the past few days , I expect something to happen with this over the next 24 hours.
AMP/USD about to pickup bullish momentum??COINBASE:AMPUSD
Been watching AMP closely since the Coinbase launch.. After the recent rally that was halted by BTC & other alts, AMP has formed a potential double-bottom around 5cents on the previous support region that led to it's rally last time..
Watching for a bullish brick to be printed before confirmation of a longer term bottom.
Expected levels to consider taking profit, as well as stop-loss (Price that would invalidate the double-bottom) have been added to make this idea (& my thoughts) a bit clearer/straightforward..
Following the price topping out, the retrace has been quite extensive & is quite a bullish setup on solid support.
*Will update manually in idea updates*
^Feel free to make a copy for yourself if you'd like to view the PA in real-time
amp wave 3 setup ⚡after some soul searching, i have a feeling amp has a lot higher to go before the big bear phase begins.
looks like it completed this wave 2, and is starting a wave 3 impulse here.
wave 3 target = $0.63
ps. btc might be finished correcting this wave a, if it's complete, we'll see a nice run up, if btc gets one last dip down as stated in my previous idea, then amp may make one more lower low as well.
Trading in bearish penant overbought on stoch r.s.iThe dark blue line is our major trend line I believe we will retest before moving up we are overbought on 4 hour on rsi with a bearish penant I can be wrong but if we can only post bullish when we post then we need to post when we are bearish as well we need to help each other with direction not for financial advice my idea I see a little up before down.
Potential H&S forming on $AMP's Daily ChartAgain, I luv the $AMP project but looks like it has further to fall unless this H&S invalidates. Volume getting lighter, RSI and MACD still correcting and Pro Oscillator signaling downtrend has further to go. (Hit @TradingBTC1 up if you want to try the Pro Oscillator, it's awesome.)
AMP still dropping and might stay low for a bitA couple of days back, I mentioned AMP can drop quite a bit still - and stay there for a while. It will all depend on what happens with BTC this week.
My notes about the 24h candle (also on the chart):
Could be a reversal signal, once it closes in the 24h. But, the RSI is still in the 48 zone. It needs to be below to 40 AND need to see other indicators + current market to actually start a short. Overall, depending on how BTC goes this week, AMP can stay in the lows for a while.
I see the next support to be at around 0.058.
If you have any opinion, please share.
Hit like if you want more AMP analysis.
Thanks!
AMP is in good downtrendPrice broke nearest support (0.07500000) yesterday. In my opinion AMP can continue falling. We can sell now and take next support (0.05500000) as a main target for now.
AMPthis coin is going downhill from here.. once price action hits the bottem level it will then be tested once more to see if price action will make a move to the upside or downside..
amp to .17 from here ⚡(wave 5 setup)buy zone hit from my previous thread.
i had already started a position over the weekend, so i am merely adding to this bag.
sub wave 5 target is at .17 cents.
my previous idea is right here:
AMPUSD Testing New Strategy (Update#3)AMP 50 and 200 EMA crossed up then went sideways for a bit, now crossed back towards the downside, however, created a bullish divergence on both the RSI and EFI. I see a possible reversal once the top on pennant and 0.093 resistance line is broken. Idea is invalidated if prices break below .076.
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
TrendHacker has provided amazing data on AMP/USDAfter years of vigorous Coding and Testing, I truly believed that TrendHacker was at its best. Showing the exact Trend Reversal at a key level of Support has just confirmed another LONG for me... and most importantly, that my hard work has paid off.
AMP will surpass $0.20 in Jul, attending to EW & Fib relationsWave 1 is clear, as it’is the beginning of AMP life in Coinbase.
Wave 2 is clear, as first retracement has been currently developed.
Wave 3 is 1.618 of wave 1 45% of times. If not, then will be bigger.
Wave 4 is a retracement to Fib 0.5 of wave 3 60% of times, and this exactly coincides with our ATH.
Wave 5 usually is replica of wave 3. If not, then it’s bigger.
So this is the most conservative prediction of AMP price development till Jul, attending to Eliott Waves theory and its Fibonacci relationships.
$AMP moving upppppppp!#AMP coin nicely moving along the upward channel with a lot of room to grow (at least 40% before hitting resistance)....can't deny the strong support line and resilience even when other coins are struggling! IMHO great time to get in....always do your DD and check out the technology behind the coin. Once Binance introduces AMP it will fly even higher!!!!
AMP on the 1D RSI just starting to drop.I'm a big fan of AMP, and I will continue to be. It's a great collateral token used by Flexa to speed up merchant's transactions. Do your own research.
I feel it went really good in it's first week available at Coinbase Pro, but... RSI at around 58 to this day. If it continues to go down, at the least below 40 - where I usually buy my coins - then we will see a big price drop before it goes up again. I actually bought a bunch of it on Monday, when it went live on CBP, and I'm holding it - because I feel positive about it and I'm in for the long run.
I will liquidate at around 0.17 or 0.20 cents, but just to get more of it later.
I have gotten a huge ROI on AMP in the past, and I'm sure it it's just starting to get traction.
Do your own analysis and judgement.
Hit like if you agree!
Good luck!
AMPUSD Testing New Strategy (Update #2) The idea may soon be confirmed, AMP hit 80 RSI and then bounce off of the 49.4 RSI area. Now for the final test. Once the 50 and 200 EMA crosses, uptrend should
resume as the first big climb.
BUY: .085-.089
STOP LOST: .078-.083
TP1: .121
TP2: .135
TP3: .145
