Papou

AMP on the road to riches?

Long
Papou Updated   
POLONIEX:AMPBTC   Amp / Bitcoin
7
Synereo AMP has seen some decent price action as of late. We see a long term trendline set back in May, and despite the recent crypto sell off, AMP respected the trend, as we can see on the long candle wick down. We notice earlier on huge green volume candles with not much price rise as expected per the volume. What this tells me is large quantities have been traded into strong hands. Synereo is a fantastic project with huge potential. They arent into hype marketing or overvaluing the project like we usually see in crypto; all hype and no tech releases. Synereo's team is on the verge of a major release and I believe big long term investors have been hopping in this. It is an older project compared to who is on the leaderboards as of late. Synereo's flagship product that they have been working hard on, WildSpark.me can have amazing potential if successful. There is no reason with all the upcoming things, and with the Synereo dev team actually showing investors that they can deliver and will, that this doesn't go for a top 20 pressence in market cap at the minimum, putting it at least 300 Mil, roughly a 700% potential gain from here. Maybe even more, anything is possible as we can see in the crypto world. All shills aside, Synereo is legit and looks like it will be aiming to break all time highs and possibly be on a magical road to riches.
Comment:
Let me remind you, AMP has yet to start having realm impulse waves off the trend. It hasn't had its high volume trading pump days yet. We are no where near the top, just large holders in a game of thrones so to speak over accumulation on what they can.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.