Get started
AmpAmpAmp
#166#166#166

Amp

No trades
See on Supercharts
Overview
Ideas
Discussions Technicals Seasonals Markets

AMP2USD trade ideas

AMP token update on daily Facing top bolinger resistance on daily. Decline in to green support will be very good opportunity as it will be first decline after strong run up. As on the left of this chart. Buy in black on green support and rejection from top. Don’t forget that with every decline green band will get weaker and weaker. Thats why first decline especially powerful. First three declines usually working best, then green band loses potential to reject declines. Purple circle was sixth decline- and by that time green band was exhausted. Now new uptrend starts and let’s see how first possible decline will look like. I was accumulating amp previously on every decline in to green band. Also long my term view on weekly see idea attached
GEMINI:AMPUSDLong
by Forexblade
3
Amp token on 1hrAfter get rejected from top bolinger on 1hr , AMP getting close to the bottom side of the bolinger, as it approaches- more spikes on the bottom of the candles and now last 3 hour candles all opened with gapping up. Let’s see for reaction to push prices back to retest top bolinger on 1hr. Also someone deposited 5billion coins on flexa system April 14 around this levels and again someone deposited 3,5billion coins on flexa system two days ago again around this price levels. Let’s see what next.
GEMINI:AMPUSDLong
by Forexblade
5
AMPUSD 14 MAY 2021 (Chart notes/reference)Some reference notes on the chart. Its all about being able to identify when and where the institutions entered or exited. Smart money (SM), Whales, big banks, institutional investors... are synonymous. Depending on your methodology you may here some variation of this. The name isn't important but the volume is! Your volume indicator tells you exactly what they are doing (and not doing). Here you can see quite pronounced spikes in volume and you can also see the resulting price action (effort versus result). For simplicity notice the supply pressure in the areas that I placed a red box. This example shows numerous examples of the resulting price action once all of the weak hands are shaken out. Obviously our goal is to identify the point in which price is ready to mark up (or mark down). Try to allow the market to test these areas before you enter. If you open your chart and see your coin up 10+ percent and everything is green... calm down. Never rush an entry. Even if you miss this one it IS going to reset. Whats cool about BTC is it doesn't matter how high it goes if you are actively trading it (holding/investing is different). You can have partial positions so even if it goes to 100K tomorrow so what if you missed it? Look no further than to the left of your chart and notice how price moves in waves and in cycles. Our job is to target the common areas that we expect price to visit and we can. There is a logic and a general template to chart analysis. How far you want to take it is up to you. But don't give up on it if you aren't having any luck right now. Take a step back. 99.999 percent of the instructional information on youtube is crazy. Ive been there. It was very difficult to find good information and put it together. After i was introduced to the Wyckoff and VSA material (thanks to btc trading challenge) it opened up the door for me in my understanding of whats really going on. The Pete faders stuff really puts all the concepts together coherently and provides some insight into risk management, targeting etc. Check out these resources (all free stuff) Sources of education: Richard Wyckoff Tom Williams Volume spread analysis VSA/ Master the Markets Pete Faders VSA* Read the ticker dot com Wyckoff analytics PsychFX MentFX Dee Nixon Avoid buying into weakness/supply/resistance Avoid selling into strength/demand/support Avoid entry when price is in middle of a range (phase B)
GEMINI:AMPUSD
by dee718
4
Can Flexa $AMP Replace Fiat With Crypto?The problems that Flexa aims to solve: 1. Merchants’ most common issues are card fraud and transaction costs. Firstly, to give you an idea of how important this is, the U.S. was seeing about $11 billion worth of losses due to card fraud in 2020 only. Secondly, merchants are paying pretty high fees to their payment providers. This fee is usually somewhere around 3-4% of the entire transaction. This is why some small places might have a minimum amount of charge when it comes to accepting card payments. In fact, big companies like Costco and Walmart pay billions of dollars per year for the transaction costs to their payment providers. This is where the Blockchain ecosystem steps in. In theory, blockchain and cryptos can solve the issues stated above and reduce transaction costs. 2.Crypto payments acceptance from merchants Even if the blockchain could solve card fraud and lower transaction fees, which they can, it is difficult for merchants to adapt this payment system. This is because it is something completely new because even though we have seen some payment providers such us Visa adding cryptos as a payment method it is still not widely acceptable from most merchants. 3.Eliminate centralized transactions However, Visa, Master card, and other cards that allow crypto payments still require another layer of system that is centralized. This, from the customer perspective now, might not always be good. Do you all like the idea that your bank can know every little spending you do? Or if not your bank then your partner, trying to surprise them with a nice gift but can’t because the transaction will be shown and with the exact store you made your purchase from. Therefore, decentralization is another goal to be achieved by Flexa. 4.The amount of time required for a transaction to be completed It is not easy for any coin to just replace fiat for many reasons. Let’s use the number one most known cryptocurrency around the world, bitcoin, in our example. Bitcoin cannot replace fiat simply because of the amount of time it requires for the transaction to be completed. Let me break this down to you in case you do not know. So according to Coinsutra, a bitcoin transaction can take anywhere from 1 to 60 minutes or even a day or two. This is happening because there is only a limited number of miners and only a limited number of transactions can be processed in the 1Mb block size of Bitcoin. The fee decides which transaction gets the priority in the 1 Mb block, and miners prioritize transactions with higher fees attached to them. This is why technically; bitcoin is not the best solution when it comes to fast transactions. Imagine being at the supermarket and have to wait 20 minutes for the transaction to be completed. Add to that, the fees that users need to bear at the end of each month when it comes to daily uses. In the chart, it shows that the AMP coin price is currently at $0.071. At the beginning of April 2021, the price was around $0.027, and this is only one month ago. This is a 160% increase since the beginning of April. From what I have noticed, AMP has a very strong community and many believers behind it and this is what makes it a long-term hold.
GEMINI:AMPUSDLong
by FDGT_academy
$AMP Still gearing up for a Wave 3 AMP made a big move up to $0.06 while accumulating between $0.02-$0.03 for close to a month or more. With the pull back of bitcoin it made a well timed retrace to .618 levels before making a move again. Originally, I thought what I had drawn originally for wave 3 was a bit shallow and then realized that during its retrace AMP reentered the price territory of wave 1 & 2. By doing this it invalidates the possibility that this impulse was a part of a larger move underway. To me, this means 1 of 2 potential outcomes. The first being that AMP is gearing up for a large move exceeding original estimates. A move well into $0.30+ could happen, maybe up into $0.50 range should one wish to speculate on the utility of this coin and having a denominator close to the dollar. The moves that we are seeing now could be consider as contractions for a greater move. The second, being AMP is forecasting a larger pullback... I know, not as fun as the first. I do not think it would be a sign of weakness per say for AMP but more so that Bitcoin could bleed out after a bounce (should this be just a bounce). If BTC is not simply undergoing a bounce back after a dump and we see it climb towards ATM - that will strengthen the case for first possibility. I am going to be taking some profit on my position given the ambiguity right now. Day by day my confidence grows in this project and believe it has a bright future ahead. Not financial advice... Just thoughts on what I see. Please post your thoughts and comments below.
GEMINI:AMPUSDLong
by MoonBag
7