Papou

AMP - the bigger picture, dont get shaken out

Long
Papou Updated   
POLONIEX:AMPBTC   Amp / Bitcoin
12
So lets take firstly into account the recent hollistic market selloff. We can see in a bigger picture with AMP that there are STRONG bullish signs in both the technical analysis fundamentals and also the project itself. We have had a perfect 50% fib retracement from the begging of the move back in April. We see a perfect bounce off the 12 hr cloud with a crossover in stochrsi that looks strong in a bigger timeframe and ready for a full oscillation. We can find a nice completed elliot impulse wave with a small ABC correction, accelerated by recent crypto selloff of course. Considering Synereo is an actual legit project that has had prominent recognition, a credible and very skillful development team and has now released a fully working beta of there application and is perfectly poised for continuing success, I do not see this coin done with. I believe this small elliot set was just the first leg in a bigger elliot wave we will see forming. Wildspark, their application that runs off AMP's will be tremendously disruptive in the social media game. Synereo is a complete sleeper right now shaking out the impatience of the uneducated and misinformed traders that is on a amazing path to great things and honestly most likely a potential presence in the top 10.
Comment:

A zoom in so you can see the perfect retrace/cloud tag

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