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Cryptocurrency Market Analysis - 2018 June - Synereo (AMP-BTC)

POLONIEX:AMPBTC   None
Since April 2016, Synereo (AMP-BTC) has had 2 complete market cycles and has started a third one since August 2017. Each cycle lasts on average of 8 months, with the 3rd cycle on its longest accumulation period yet (more than 10 months in). The highest advancing % so far is 582% on the 2017 cycle, while the lowest declining % is at -80.68%. The latest accumulation period (late 2017) may have already had another small complete cycle (August 2017 to December 2017) indicating a possible advancing phase in the next few days.
Comment: 2016 Cycle

Accumulation
2016 Apr 16 - 2016 Jul 03
78d, 155.72%

Advancing
2016 Jul 04 - 2016 Aug 28
55d, 227.87%

Declining
2016 Oct 08 - 2016 Nov 30
53d, -79.94%

Distribution
2016 Aug 29 - 2016 Oct 08
40d, 56.73%

2017 Cycle

Accumulation
2016 Dec 01 - 2017 Mar 07
96d, 146.41%

Advancing
2017 Mar 08 - 2017 Jun 09
93d, 582.54%

Declining
2017 Jun 30 - 2017 Aug 18
49d, -80.68%

Distribution
2017 Jun 10 - 2017 Jun 29
19d, 40.85%

2018 Cycle

Accumulation
2017 Aug 19 - 2018 June 26 (present)
311d, 374.37%
(Possibly got a small complete market cycle from Aug 2017 - Dec 2017)

Comments

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