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.
AMP2USD trade ideas
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
amp it up ⚡not much data on amp, but just enough to get a clear 5 wave impulse up into the (1)
i do believe we've topped out, and we'll see at least a 50%~61.80% retracement before the next big move up.
my golden box is for buying, and i'll share an upside projection if we get down there.
VERY BULLISH ON AMP!!!I believe AMP will reach 0.12 to 0.15 cents very soon, just an idea. Let me know what are your thoughts on this.
AMPUSD Testing New Strategy (Update #1)Downtrend line broken and 80 RSI passed. if AMP retraces to 49.4 RSI or higher, uptrend may follow.
AMPUSD Testing New Strategy! *Previous idea was invalidated as the price of .10 didn't hold and due to my error of the divergence lines.
Currently trying a new strategy where if AMP reaches approximately 80 RSI and then bounces of 49.4 RSI, a possible reversal to the uptrend may occur.
AMP .214 next runLooking at the first high to the lowest low to the last high, using math I can predict:
Next run up high: 0.214
$AMP - Wave 3 - Lock on targets. Things are looking real good for $AMP following the recent Coinbase listing. Wave 3 is in play and high targets are set for $0.20 - $0.39 - here are some things to look for:
There was a big sell off once price hit $0.12, wave 4 correction of the inner wave could take us to $0.08, but should hold support at the 0.5 fib level.
Should it go down well below to say $0.06 this would invalidate a wave 5 move on the inner impulse wave leading to a stronger correction, I feel this is unlikely, yet possible.
On the current move, fib extension take us dead smack into $0.39... who would have knew.
Entirely possible we chop sideways for a few weeks at the 0.5 fib level.
IMHO Elliott Wave is often not an accurate tool in todays market, but helpful in forecasting the general shape of things. It would be nice to see a reversal on the daily chart come tomorrow, yet somehow that feels too easy. I think we could see a few twist and turns with increased volume entering via a Binance listing or other news to launch the price into the higher fib extension targets.
Not financial advice, please comment below with your thoughts.
Cheers,
MoonBag
Interesting find (15min)Found something interesting on the 15 min for AMP-USD (Coinbase). Ever since the breakout, I spotted a stair stepping pattern following the consolidation period (around .05c).
Since this was the first time I witnessed some-what of a 'parabolic' movement of a crypto (from 0.5 - .122c) I wanted to see if I could find a pattern of some sort.
Which to my surprise - I managed to find a -20% increase after each stair stepping pattern (from the base of the step to the peak).
So my short 'prediction', if it actually follows the 20% increase & remaining within this uptrend, then we could potentially see AMP hitting the .13c range
OR hitting the higher end of the .125 - .128c range
- then possibly retracing to the .10 - .18c range (or retrace to previous resistance at .122c)
unless the sell & psychological barriers are removed and bulls want to push to (and maybe pass) the .13c.
If anyone has an idea of what this % change could mean and what resources could explain this type of pattern, or trading behavior (the 20% staircase pattern - if it is one), I would truly appreciate it.
As always, this is NOT financial advice, just a random pattern I found interesting.
Happy trading :)
AMPUSD Long it Greetings Traders this is my analysis for AMPUSD and it is Long.
AMP is ready to go higher due to the fact that price is in Uptrend and reached Resistance Zone .
Price probably can break it and go up to resistance level ,after the downtrend movement we should see for a opening for a buy position.
On the chart we can see the price movement wich has accured during the weeks that where before.
Traders make your own analysis before Trading.
Please leave a Like,Comment and Follow!
Thank You!
AMP token 4hr buying areasAMP token went on the good strong run for past couple weeks.
Price declining now towards top bolinger on 4hr and to below green support band. This will be second decline after strong run up. Two possible way to enter -buy small on touch of the top bolinger band and buy more on decline in to green support band on 4hr.
Let’s see how this plays out.
$AMP taking a breather here...I luv the $AMP project but after such a run up we can see the indicators pointing to a needed breather. RSI hit near the same high as the last run up then pullback. MACD starting to crossover and Pro OSC (Blue) indicating the start of a rollover. Let's see if the Median Bollinger Band creates support around .095 or if it moves further down. BTW the Pro OSC is an awesome new tool in my bag and can be purchased under indicators here in TradingView.
AMPUSD Bullish Divergence! 3rd Divergence in play, I believe a reversal from this small dip is preparing to occur as seen in the last two divergences. Also, this would be a great buy zone as long .10 area holds. Take profit would be about .14. (Not financial advise, please only risk what you can afford to lose.)
BUY: ~.1020-.1075
TP1: .1350
TP2: .1450
TP3: .1550
