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AMP2USD trade ideas

AMP (CRYPTO: $AMP) Breakout Confirmed; Next Stop 25-Cents❓What is Amp? Amp is described as the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for a wide variety of asset-related use cases. How does Amp work? Amp claims to offer a straightforward but versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers. Where collateral partitions can be designated to collateralize any account, application, or even transaction, and carry balances which are directly verifiable on the Ethereum blockchain, collateral managers are smart contracts that can lock, release, and redirect collateral in these partitions as needed in order to support value transfer activities. Amp supports a wide variety of use cases for collateralization, and also introduces the concept of predefined partition strategies, which can enable special capabilities such as collateral models through which tokens can be staked without ever leaving their original address.
GEMINI:AMPUSDLong
by RedHotStocks
2
AMP - Breaks out from it's triangle! Bullish!Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!! People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term is irrelevant for the move that is coming! You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions! Facts: 1. Broke out to the upside of the bullish pennant! 2. Stochastic RSI - Crossed bullish and awaiting to cross the 20 level for bullish confirmation! 3. RSI - broke out from the 7 month trendline!! and still oversold on the weekly!! Buy Targets: 0.047 - 0. 49 (Corresponds to the 0.5 and 0.618 fib!) Sell Targets: Target 1: $0.22 (Corresponds to the 3.618) Target 2: $0.25 (Corresponds to the 4.236) "If you can't beat the fear, do it scared!" "Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet. "Markets are a device for transferring money from the impatient to the patient. - Warren Buffet "Show me the charts, and I'll tell you the news." - Bernard Baruch "The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become." "If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"
GEMINI:AMPUSDLong
by jaydee_757
7
#AMP AMP Token - RESISTANCE AREAS 12H ChartIf AMP decides any day now to have a breakout, I was looking at where the major resistance areas would be. I put a few points that seem to have multiple resistance touch points. I also layered in the Fib levels to show where we may need to get to. What are your thoughts? Comment below and hit the like please. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
GEMINI:AMPUSDLong
by MillionaireEconomics
AMP TOKEN #AMP 1D - TechnicalsAMP had a nice breakout and re-test incoming it seems. A few technicals I noted on the chart: 1) Keep an eye on the 55-57 RSI as historically it proves importance as circled in the charts. 2) The Stoch RSI has room for growth as well based on historical trends. What are your thoughts? Comment below and hit the like please. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
GEMINI:AMPUSDLong
by MillionaireEconomics
2
#AMP AMP TOKEN 1D CHART - GET READYAmp Token seems to be close to the apex of the long term triangle on a 1D chart. Get ready for a move. I am looking at the RSI as well which has room to go up. I added in VPVR and Fib lines. HIT THE LIKE AND COMMENT BELOW PLEASE. THANK YOU! CHART ON TRADINGVIEW USING MY AFFILIATE LINK: www.tradingview.com (thank you in advance!) Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. DO YOUR OWN RESEARCH! #cryptopickk #bitcoin #altcoins #amp #amptoken #flexa
GEMINI:AMPUSDLong
by MillionaireEconomics
7