Eloquent

AMPUSDT ewt analysis

Long
POLONIEX:AMPUSDT   Amp / Tether USD
i believe that amp is currently in a squeeze.

chances are it rips to the upside - though, we always have to anticipate both sides of the story, so if it rips down, it will be a very quick move to hunt for liquidity in the golden zone.

I am willing to buy amp here at 0.054, with a stop at 0. 05

i will also have orders at 0.047 just in case the latter ends up happening.

wave 3 target = $0.55
wave 5 target = $2.50

ps I had forgotten about this one entirely, so props to @TheKitchenTrader for reminding me about this one.
Comment: we're finally going to hit our target between today and tomorrow, in confluence with btc's last leg down.

don't miss it 💸