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 trade ideas
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.
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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
AMP is ready to go higherAMP 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.
AMP is finishing uptrend close to resistanceIn my opinion price can fall to support line again. I'm waiting that AMP can back to uptrend after that. Resistance (0.122000000) is our main target for now.
Bullish on AMP.I'm very bullish on AMP. I am not an expert when it comes to charts and analysis, this is just my opinion. If I did something wrong please let me know. I am not a financial advisor.
AMPUSD Uptrend Continues! (Update #4)AMP amazingly bounced up right before hitting the 30 RSI mark returning to the bullish trend. The 10 & 25 EMA crossover plus the upper breakout of pennant further supports the trend. A predicted path is drawn.
Super bullish on AMP. Don't mind the terrible lines , my mouse tends to spazz out on trading view. Amp has immense volume , higher highs lower lows. I think Amp is up from here still! a few pullbacks of course but on track to .20 by end of month . Just my opinion , share your thoughts please :)
AMP - I'm pumpedPicked up AMP when listed on Coinbase (.065). Will be riding this line for a while...
AMP ATH reached! (Update #3) Amp has rocketed through its previous ATH of .010 and now creating new ones. I believe it will continue climbing until RSI taps the 30 mark.
AMPUSD ATH may be inbound (Update #2)ATH was almost met, but fell slightly short at .0989, then retraced back to the support line at .0803. Followed by a rising bullish pennant. A break above the top of pennant and resistance of .0971 potentially signals a new ATH. The M shape to Pennant pattern may be repeated as shown on chart or a dip back to .083 after ATH may occur.
AMP CorrectionAMP has performed well over the 22 days. Growing 330%. I have taken profit and will look for price to come back into the Golden ratio zone. Which is the 5 cent region.
