The AMP chart really follows the Gann Box patterns. Probably in the next few hours it will go into an uptrend due to the effect of EIP1559.
The red arrows only indicate a downtrend in the respective direction. Its size (how long the red arrow is) means nothing.
It may touch the Fibonacci retracement (black) lines and grow back. I have marked these possible locations with a green up arrow.
The red arrows only indicate a downtrend in the respective direction. Its size (how long the red arrow is) means nothing.
It may touch the Fibonacci retracement (black) lines and grow back. I have marked these possible locations with a green up arrow.