Ampleforth / BTC

Jul 9, 2021

This is a tricky one. Price action has broken through the 21-week EMA (green line) to find support after months of resistance, gains are almost certain. I say it’s a tricky cause holding this token means you’re exposed to daily rebalancing of token supply. A positive return in only guaranteed if market capital / demand is increasing rather than token price.

Jul 20, 2021

Trade active

up 20% in 10-days not bad given the circumstances.

Higher lows continue = stay long.

Jul 23, 2021

Note

Now 55% - gotta love that 21-week EMA

Jul 25, 2021

Note

**Swing trade opportunity**

Price action up over 100% in 15 short days. A 'great sell' signal is now showing. Yes price action may continue to increase, however it is with low probability.

Also notice price action is outside the Bollinger Band. 95% of all price action trades inside the band with the mean tested as support, which is currently 35% below.

Jul 26, 2021

Note

Talk about timing it...

Jun 17, 2022

Trade closed manually

Multiple bearish divergencies building up on this pair, might be time to rotate back into BTC, which kinda of makes since considering the oversold state.

Jun 17, 2022

Note

In fact here is the AMPL / ETH pair, overbought and now printing a conditional 'great sell' alert