AMP/USD daily time frame analysis AMP TOKEN is my absolute favorite coin!
Monthly, weekly and daily analysis is pretty difficult to do on AMP. Wicks need to be filled both on the daily and weekly time frames. Closest wick that needs to be filled on the weekly time frame is the red box on the chart which is 385% from current price.
Trend lines also need to be met at some point. But red box where wicks need to be filled is closest to price action. But once red box is filled then I’ll be eyeing trend lines.
I can’t set up a fib that fits right and that I’m happy with on AMP.
In AMP I trust!
What does everyone think?
AMPUSD
A COMPARISON OF FLEXA'S AMP TOKEN to AMAZON.COM BOOM to BUSTWith all the major partnerships that the FLEXA Network has in place including the most recent with Chipotle enabling crypto payments powered by Flexa's AMP TOKEN, the current downtrend might be turning the corner as the crypto bust subsides.
░🔮░ 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 ♥
Amp's potential market bottomLogarithmic Fibonacci Retracement Forecast
With BTC looking like it may retrace to mid 30k levels, Amp would likely retrace one last time to the 1.618 Fib before the next major bull market begins. This is in the same support zone from Feb-Mar 2021, sitting between .0185 and .022.
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.
Here are some of my favorite altcoins today!#UMAUSD #ForthUSD #dotusd #xlmusd #godsusd #blzusd #krlusd #mansusd #ampusd #omgusd
Traders,
Here are some of my absolute favorite coins today. All look to be primed, pumped, and ready to move up soon! Enjoy this entertainment piece.
- Stew
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
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.
Market Update - Big Green Day! Will the trend continue?In this video:
* The bulls have emphatically returned to the stock market
* Will the crypto space follow suite
* A review of my purple altcoins from yesterday
* You still have opportunity to enter some of these trades
Wishing you the best in all your trades!
- Stew
Amp price breakout not far awayAmp (AMPUSD) forms a nice symmetrical triangle.
OBV and RSI are currently at support levels.
The price is supported by 200 SMA.
A breakout to the upside is more likely as Amp entered the price support trendline in February by coming from below 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing