As the previous quick divergence finding TA showed that the positive momentum was unsustainable, we can now see that neither is the sell off. With this coin being in it's early stages with immature price volatility
, I believe we will be seeing lots of gigantic trade opportunities until the price begins to oscillate around a fair value. Ampleforth may be one of those once in a lifetime opportunities where you can get make large gains quickly due to it's volatility
and technical (literally the code that governs it) nature. The rebase feature of AMPL is being used by market makers to make these giant moves. Watch for divergences. Buy at lows. Sell at bearish
divergences and support/resistance
levels. Although be careful, as resistance levels are often shot past quickly, with TA favoring hidden divergences as selling/buying indicators.