AMP is forming a nice cup and looking very strong. In the recent drawdown, it retested last support and came back. Looking forward to retest previous highs
All rectangles show support n resistance zones and how they are complementing price.
Fundamental TA Wildspark beta coming on 30th June, price still barely above support zone.
@wildbeast,
Sure mate, there is a very good potential in AMP
Tstorm
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@sniperz, you think this will go up regardless of bitcoins movements?
sniperz
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@Tstorm,
Unfortunately BTC market is very tentative at the moment with lots of indecision amongst traders. That is probably one of the major thing holding AMP growth.
In the long haul AMP has very large room for growth. In short term, its getting strong resistance as you can see at the blue dotted line but it didnt broke the support in the recent bloodbath. SO thats a good sign its currently holding its place.