HiTech
Long

Synereo (AMP) VS Bitcoin Uptrend

BITTREX:AMPBTC   AMP / Bitcoin
Synereo (AMP) found the support at 17k satoshi and went up breaking above the 200 Moving Average. What is more important is that AMP/BTC has also broke above a very strong resistance at 6770 sats             , that previously acted as a support as well as resistance, but today price managed to clearly close above that level, not to mention that the uptrend trendline has been rejected.

From this point, 6770 sats             should act as a support pushing price higher. The first strong resistance is seen at 15k             satoshi, where 50% Fibonacci retracement is. In addition, 261.8% Fibs, applied to the corrective wave after the MA breakout, is also at the 15k             satoshi level. It seems that the uptrend continuation is just around the corner and price could double in the coming weeks. Break above 15k             sats             should send the price to 17600 satoshi, and if it breaks higher then it could be the actual trend reversal, rather than the correctional wave up. Only a break and close below the 200 MA could invalidate bullish outlook.
Comment: Slite correction but still bullish
Comment: Still bullish, nothing changed
Top Crypto Telegram Channel: https://t.me/cryptopost
#1 Crypto Blog: http://cryptopost.com
Crypto Forum: http://cryptoforum.com
Alts vs BTC Trade Signals: http://cryptopost.com/signals-membership/

ETH Tip Jar: 0xafbc203afac03c466b9e8ce3b4c7133b710bf
@HiTech : Could you please update this coin? Thanks.
+1 Reply
Any updates on this trade?
Reply
i think in a 2 week it will be 14k .. lets ride x2 :)
Reply
Synereo has their new product release on Feb 13th, too.
Reply
You think it will still go up?
Reply
HiTech Sacrifice89
@Sacrifice89, of course
Reply
@HiTech, any timeframe sir?
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out