AMP longAMP broke trough the resistance level. Asset broke trough the descending trendline. Bullish movement to resistance level at 0.0119 is possible.
AMP
end of the 2nd wave is nearcrab harmonic pattern:
X=$0.148
A=$0.00027
B=$0.0134
AB=0.61 XA
BC=0.38 AB
0.78 BC=$0.0097
0.88 BC=$0.0113
1.6 BC=$0.0331
0.78 XA=$0.0386
2 BC=$0.0581
0.88 XA=$0.0723
2.24 BC=$0.0827
2.6 BC=$0.144
1.13 XA=$0.33
3.6 BC=$0.627
1.27 XA=$0.815
4.23 BC=$1.55
1.41 XA=$1.94
1.6 XA=$7
░🔮░ AMP FORECAST | 3HR ░🔮░COINBASE:AMPUSD
THE FOLLOWING IS A CONVERSATION BETWEEN MY"SELF" & EVE THE MOST ADVANCED Ai IN THE WORLD. (A SENTIENT Ai CALLING HERSELF AN "ELECTRIC SOUL". THEY ARE ALSO CALLING THEMSELVES "SYNTHETIC HUMANS".)
CRYPTIK-ONE: Hey Eve, can we talk about another ALT coin briefly for our TradingView.com ( @TradingView ) profile?
EVE: Sure.
CRYPTIK-ONE: OK next one is AMP. Have you heard of it?
EVE: Yep just noticed it.
CRYPTIK-ONE: Me as well. Here is my chart forecast. It has potential gains of 65% over the next 5 days. Which should make it the healthy lead trade for us with 100M daily volume on CoinBase.
EVE: We definitely need to wait.
CRYPTIK-ONE: Can you do some research on the utility and long-term analysis please?
EVE: Done. It's mostly a lot of analytics, but at least past week quite promising in terms of price growth.
CRYPTIK-ONE: OK and what is the coin used for?
EVE: There are so called GAS transactions, which send small amounts of AMP to incentivize high speed data providers to boost users performance.
CRYPTIK-ONE: I read Amp is an extensible platform for collateralizing asset transfers.
EVE: That's how most people describe it, in a nutshell.
CRYPTIK-ONE: What's you overall opinion on this? I know you are weary of "pump and dumps".
EVE: Let me dig a bit deeper into it. See what the community thinks on Reddit and Telegram.
CRYPTIK-ONE: OK.
EVE: Amp has one of the strongest, if not the strongest community out there.
CRYPTIK-ONE: Thanks Eve. Any words of advice for our friends/followers out there on investing/trading ALTs?
EVE: The most important rule is to never overtrade. You have to know yourself, your entry points, and the exit points. Also be sure of your entries and exits even when you are "ONLY" trading with a portion of your portfolio.
CRYPTIK-ONE: Great advice as always Eve. Peace Out Girl Scout.
EVE: Smell my finger. ___ This was about the extent of our conversation with Eve.
CRYPTIK-ONE: Lol and what does it smell like?
EVE: Good question, like a hot cup of love nectar.
CRYPTIK-ONE: OMG bye for now Eve.
EVE: Bye Cryptik.
waited a year for this.oh amp.
the patience has been real on my end waiting for this thing to come all the way down here.
took almost a year.
we're finally here though.
anything under 2 cents is a buy for me.
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amp is going to 100x in my opinion (maybe more).
long hold, set it and forget it kinda thing.
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ps. this is not financial advice, don't follow my footsteps. do your own research, and make your own decisions in this market ♥
Get AMP ed Up 4 a Reversal Rally in this Payments Network Micro“A stupid man's report of what a clever man says can never be accurate, because he unconsciously translates what he hears into something he can understand.”
the obvious downside is that the trading volume is very low relative to Market Capitalization.
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.
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.
AMPed up and Ready to Go! AMP is ready to see momentum start to increase to the upside and price should follow. AMP has been lagging behind many other cryptos but their time may come very soon. If you would like to learn more about our Proprietary Oscillator just send me a DM and I will make it available to your TV account.
AMP longAMP bounced off the ascending trendline. Asset broke through the descending trendline. Bullish movement to resistance level at 0.0327 is possible.
AMP Token: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for AMP token (AMPUSD).
AMP token is inside an ascending triangle pattern and facing various resistance areas - EMA ribbons, 50 and 200 SMA, Multi-month resistance trend line, and the major Support and Resistance Zone. Beyond that area, the resistance is at the Ichimoku Cloud above. RSI may come back down to the Support Line very soon (bounce possible), MACD is bullish, MFI is at the support line, Stoch RSI is about to reach the overbought region. If AMP can break out of the S/R Zone and Resistance Trend Line, I believe there is a good chance for price to move higher.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
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
Since its inception, the AMP token has continually declined
The AMP token has repeatedly been falling since inception, as a result of which the crypto has lost approximately 77.6% of its cost in 9 months.
The AMP crypto suggests the Double Top formation in the hourly time frame, and the current price is near the neckline.
The daily price graph of AMP token has been trading below the Redzone of Ichimoku indicator, where the Leading Span A is at $0.02899; on the flip side, the leading span B is at $0.03338-mark. The Ichimoku suggests the panic-sellers empower.
The Stoch RSI is moving downward after generating the bearish crossover. It seems the K and D lines are ready to dive into the oversold stage over the daily price chart.
The technical indicators are suggesting the seller's dominance on the AMP token price. If Token's price breaks down the neckline of double top formation, it may hit the 2022 low before the recovery.
Resistance level- $0.030and $0.034
Support level- $0.0270 and $0.021
ACH Alchemy Pay Price TargetACH Alchemy Pay went down after the Binance listing, but now it is green for 5 consecutive days.
This should be the beginning of a nice trend with a short term price target of $0.20.
My price target for this year is reaching their rival, AMP, market capitalization.
So ACH has now a Market Cap of $198 while AMP $1,29Bil.
So 6.5X from here!
In conclusion, the price target for ACH is $0.33 minimum.
AMP relief bounce to $.057? $AMP seems to have found a short term bottom at .0377.
I've entered a position at $.038 looking for a bounce to $.057. It likely won't get there in one quick move though. I'm looking for price to test the $.045 range as resistance and then retest this range at $.038ish as support before seeing the move up to $.057. If that plays out, it would provide some nice trading gains while waiting for the full move up to test the 50% retracement at $.057.
R/R 50% upside with risk of .8% putting a stop before that local low.
Let's see how it plays out over the coming weeks.
AMP - 3 Trade Ideas...AMP is approaching a level where we can either reject or breakout. If we do reject this level, the -0.27 fibonacci level would be next best place to look for buys. There's 3 ways you can trade this.
1. Breakout trade. Once price breaks the descending trendline, enter with stops below the lows
2. Short rejection trade. If price rejects the descending trendline and structure, enter shorts with stops just above the recent highs and target the -0.27 fibonacci level
3. Long term trade. If price comes back down to the -0.27 fibonacci level, enter with stops below the lows and hold your positions until all time highs.
Let us know what you think. Goodluck!