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benjihyam

$AMP bottoming structure -- levels to the upside

Long
Amp (COINBASE:AMPUSD)  
benjihyam Updated   
COINBASE:AMPUSD   Amp
Trend Analysis Support and Resistance Trend Lines AMP ampleforth AMPUSD ampusdlong
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trendanalysis supportandresistance trendline amp ampleforth ampusd ampusdlong
AMP looks to be forming a bottom. Upon zooming out, you can see that we just broke a downtrend and we're starting to form a base that can take $AMP higher.

I've marked off key resistances to the upside. Let's see how hight it can go.
Comment:
Reentered here at $.00507 for a trade. Stop under $.00492. Let's see.

Low timeframes look interesting and with low volume coins doing 20-50% pumps, wouldn't be surprised if this had a move.
Comment:
I'm out of this trade. Got a quick 7% pump but rejected resistance and continuing to fall lower now.
Comment:
Back in here at $.00486 looking for a move to $.0148-.0150, if it happens a 3x move. Low risk from these levels.
Comment:
Fully out of the market. Will reenter when BTC hits $15.8k.
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