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Senor_G
Aug 15, 2021 6:18 AM

AMP/USD Bullish Long

AMP / U.S. DollarGemini

Description

Fib channel tool does a nice job helping with visualizing accumulation/distribution and price action within specific fib channels. My hypothesis is that price will spring off the .382 or .236 fib in the coming days and test the 1.618 fib.
Comments
vvg1986
Please don’t pump, still need to accumulate :)
TheKitchenTrader
Nice work. All this consolidation should lead to a nice move.
Senor_G
@TheKitchenTrader, thank you and I agree!
Ancientflames
Hope it doesn’t something this week or I’m out. Everything else up 25% in the last 2 weeks amp still floundering
Senor_G
@Ancientflames, completing a profitable trade takes patience. I can't tell you how many times I've entered and exited a trade to chase profits elsewhere because it wasn't pumping while the rest of the market did, only to miss out on a bigger move a day or sometimes hours later.

Keep in mind that once this coin moves, it will likely move 40-50%. Market makers want you to dump your bags so they can buy them at discount before the pump.
generalgdubs
@Ancientflames but if it does pump, it PUMPs
vvg1986
great analysis!
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