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AMPUSD trade ideas

0.52 as next but expecting even lower eventualyBreak under 0.551 on maintained supply would be signs in fact still moving toward 0.052. Could still have more testing of 0.0556 before it happens. On the monthly and weekly demand showing barely presence, and the little that was of it got absorbed at the retracement of the last month bearish engulfing close. as for the weekly even if supply took a break around 0.47 the presence is heavy, so would still need to go lower and get it weakened and accumulated before any serious upward move. Daily
COINBASE:AMPUSDShort
by bibsz
13
Possible Bullish Pennant For AMPAMP looking good for a breakout to the upside while BTC consolidates for the next few weeks. A giant bullish pennant on the Daily chart is forming since May. AMP has also held and bounced from the 200 EMA for its entire history, and the higher lows and higher highs of this pattern set it up for a possible breakout. As long as Bitcoin holds and then starts going up towards the end of September, we should see a nice pump on AMP. Possible resistance at the 50 Day EMA, as well as strong resistance around 0.077 as well as 0.10, and of course the all time high of 0.121950. We have seen AMP make crazy moves in a matter of days in the past, so definitely keep this on your watchlist in the coming months. Not financial advice, for informational purposes only.
GEMINI:AMPUSDLong
by sav-888
2
Simplicity is keyLet's keep it simple buddy ol pals. AMP is a very unique project/token that can be applied to more real world use cases than most others. Fundamentals are great... calling for an easy long position. So now the next step is to look at the charts to see where we should enter. I've kept my eye on this token for a while and noticed a few things...: 1. Lots of hype and momentum upon Coinbase listing. 2. This hype and momentum moved on to other tokens while AMP has consolidated in a very straight-forward and simple formation for a solid amount of time. 3. Volume has consistently been heavier on the buy side although price has stayed within a specific range, which typically points towards manipulation with the market makers keeping price down while mass amounts of accumulation occurs. 4. (Most importantly) every BTC dominant *dip* that affects the entire crypto market (including this recent Sept. flash crash) has not dropped AMP value as dramatically as almost all other tokens and has not changed the trajectory AMP has been on. 5. Most projects have come close to, if not surpassed, previous all time highs... whereas, AMP hasn't even come close yet to its ATH of ~$1.20. In my eyes, all signs point to dramatic upside potential. Just the thoughts from your favorite degenerate trader. GLHF.
GEMINI:AMPUSDLong
by CryptoVNV
9
They did this to AMP. Will they do it to ACH?This is a "tutorial" about attitude and expectations. Greetings from central Pennsylvania, USA. You can call me "Pops" if you want. Or "Pappy Eric." Most importantly, though; STAY OFF MY LAWN!!! The wealth of knowledge provided by Tino of Traders Reality YouTube channel is what enabled me to stop traditional work at age 59 and support myself full-time with digital asset investing and trading. Read that sentence again. I am a GRANDFATHER who transformed my financial life by listening to an altruistic fellow named Tino, who cuts through all the BS. By the way, I was a union steel worker and I'll be 60 in October. I made my first digital asset purchase in November of 2020 and now I wonder how I was ever happy taking home only a grand or so a week. Tough to get ahead at that rate. Anyway... Almost nobody talks about market manipulation. Frankly, that is the only thing that matters. Thank you for teaching me that, Tino. So... I like AMP. And ACH, too. I saw them dump AMP to .04800000 the other day. I immediately recognized that all those zeroes are a hallmark signature of market makers, as Tino calls them. Go. To. Traders. Reality. So I immediately looked for a prior - and PRECISE - .04800000 and there it was, more than a month prior. Gimme a break. Even an old fuddy-duddy like me can recognize that as manipulation. At this point it made sense - for ME - to compare AMP to ACH and see if they might do something similar to ACH. I then IMMEDIATELY invested the better part of 18-hours smoking cigarettes and drinking sugar free Red Bulls while I extensively - obviously - compared the AMP and ACH previous price action to each other. After investing that time I did find something in the ACH charts and I made a decision. I'll tell you what that decision was after it plays out. It could be hours from now. Maybe days. I don't care. I have no FOMO or FUD. And I don't give financial advice to anyone but myself. Attitude advice, yes. Nor am I a financial expert for anyone but myself. The last decision I made was a few weeks ago and it made me $23,646.52 between 5am and noon of a particular day. About a week before that I made something like $3,500 in 22-minutes. E = MC squared is Einstein's Theory of Relativity. I once saw it modified to E = R. That's "Effort = Results." I'm a 59-year old dude who invested over 1,500 hours studying the digital asset market so I could achieve the freedom to work from home and earn more money than going to work for someone else every day. Find Traders Reality and start learning. Tino has no idea I'm posting this. Chances are good he'll never see it. But you go and listen to that man for an hour and you will realize he is totally sincere in his desire to help us little guys understand and profit from how the market makers move prices.
COINBASE:AMPUSD
by ericbclough
4