odyszeus

AMPL in the perfect buy zone

Long
FTX:AMPLUSD   Ampleforth / USD
AMPL has completed another of its parabolic rise/correction cycles. Thanks to the overall crypto market correction today, AMPL now hit its bottom and is in the perfect buy zone range. After several red days, I expect this asset to make a quick recovery of 30-40% followed by a minor correction and accumulation phase that may last 2 to 3 weeks and finally ending in the next parabolic rise/correction cycle, possibly by mid to late December. RSI and MACD indicators both signal this to be an opportune moment to invest in this asset.

We now have a fairly consistent history of AMPL's fluctuation between the ~0.8 and 1.7 USD range and can predict similar patterns to follow with relatively high confidence.

Good luck trading and remember to always do your own research before committing to an asset.
Trade active: Price is nearing the first target of 1.1 right on schedule.
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