vayntraubinator

AMP wait for the breakout of RSI or price trendline

GEMINI:AMPUSD   AMP
long-term on log scale AMP has dropped ~ 70%.

This is a significant drop and not very promising of continuation as a 2nd wave given it broke the 1st wave of previous degree.


I suggest waiting to buy any of this token until it either crosses the RSI resistance trend line on the weekly

or it crosses the resistance price trendline on weekly, log scale.

if RSI trendline weekly crosses may be signal for a move of some kind so we shall see

Comment:
let's see if it can hold here. took a long while but has broken the long-term resistance area
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.