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AMPUSD trade ideas

Bitcoin amp comparison (idea)Ok so if u see in orange is bitcoin in comparison to our weekly amp chart.Amp rises as bitcoin either pushes up or stays in consolidation phase for too long we all know amp wants to rocket but it also waits to see the bosses (bitcoin)next move right now for bitcoin is at heavy resistance and if u look closely at chart it's following the trend of how it went up coming down so the question is are we going down?? This happend in bitcoins bull market every halving up and then down!! So time will tell don't get caught up in all the bullishness and be careful I barely get likes lol so maby I just start keeping my ideas to myself 🤔 this in no way is financial advice just my opinion be careful!! Crypto is going to rocket eventually but it needs more time when we use it on a regular basis and major company's start accepting numbers will fly.
GEMINI:AMPUSD
by dcapo69
3
AMP the ChampNot a financial advisor. Back from a hiatus (sorry followers) Crypto has obviously been gaining steam, BTC hit a very nice reversal on the weekly chart. Anyways here is what I got for ya with AMP Token. AMP is a collateral token. (Important) AMP market cap is just a little bit over 3 Billion currently. with a price above .07 cents. AMP is currently in a nice upward channel - continuing to reach higher highs and higher lows. The chart I'm showing you is in LOG. (easier to see uptrend) This is a weekly chart, so things will take time! KEY resistance levels are above current price in yellow, Marked a floor as well. Black trend lines represent the channel and support/resistance (resistance being the top) Notice how the pitchfork is respected by the price action. current weekly candle is looking to close bullish and continue uptrend within the channel. Looking to break out above the .08 and .096 to make way for .12 cents. (I would suspect a pull back to cool off rsi at that point - but technicals can get further extended) In the coming weeks I suspect price to hit the top of the channel of .20 cents ( with crypto starting to gain steam and run this becomes more likely) MACD is looking to cross bullish to further signal a run Stoch is starting to slant upward which is rather low (buy zone - in my eyes) Would like to see that rise up to the top and coast for a long period of time to keep signaling strength with the bulls. RSI is only at 59 which has plenty of room to get to 70 (overbought) and beyond that! For me, my plan is to try to scalp at .12 cents if there is a clear signal to do so, or wait to .20 cents cuz its at the top of the channel. In which I'd buy back at a lower level. My goal is to obtain 50k additional coins or more from scalping. I want this coin long term. I believe it is likely that this can get to $5 in a few years. That would be around $220 billion market cap, with a current cap of 3 Billion it certainly has a long way to go. But remember crypto is growing everyday. My main concern is that the technicals on this could become shot, this could break out above the ascending channel ( still a relatively new coin - under a year) It continues to add partners. Rumors circulating amazon - I believe that would be far out, just people pumping in my opinion. Feel free to comment with your thoughts and ideas. Ask questions if needed! GLTA
ALong
by StofAxeCapital
7
Is a Reversal near for $AMP? As we look at a few key indicators on the Daily we see that seller exhaustion is near. On the Pro Blue Osc we see it's nearing the 0 line where it flipped trend last time. Also taking into consideration RSI is near its lowest point to where it started turning back up on prior moves. I've also added in the TD Sequential from Tom Demark which is just a couple days away from printing a TD9. Let's see if $AMP starts a positive reversal this weekend/first of the week.
GEMINI:AMPUSDLong
by TheKitchenTrader
9
AMP/USD Intra-day potential bullish setup AMP looks to be forming a descending wedge & I'm looking for a breakout for confirmation of such Previously I had a look on the Renko chart for AMP & noticed this potential breakout setup that could lead to the below idea playing out. AMP has some potential for another swing up, watch for successful breakout & close above upper descending resistance for confirmation! *Will update both AMP ideas with relevant information when available* *Symbol tags below* COINBASE:AMPUSD POLONIEX:AMPUSDT GEMINI:AMPUSD BITTREX:AMPUSD BITFINEX:AMPUSD POLONIEX:AMPUSD BITTREX:AMPUSDT BITTREX:AMPBTC POLONIEX:AMPBTC BITFINEX:AMPBTC
COINBASE:AMPUSDLong
by RandomOracle
8