MillionaireEconomics

#AMP Token 1D - Downside with support

GEMINI:AMPUSD   AMP
AMP broken below the rising trendline it has been forming since March 2021. It broken below the trendline in September 2021, but went back above it in early November 2021. If we see a further correction in price, we could go to the bottom of the rising channel around 0.043-0.044. If it goes below that channel, we could get supported by a prior high around 0.038 - 0.04 range.

Lastly, keep an eye on the RSI as it seems we are bouncing off of a trendline as well and it may be headed down there for another bounce.

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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins

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