I did some drawing instead of holding my fingers in-front of my eyes and squinting. This is new for me, and I could have gone overboard on the aesthetics, but If I'm right; and AMP follows this very beautiful and geometric pattern; then this whole system makes no sense.... Or does it. I'm not sure. I will start learning the terms and some real indicators for...
AMP coin Decline to support on daily after strong run up.
On 15min hitting bottom bolinger, red candle no follow through and gapping up green
If price deal more in to daily support I will look for more buy configuration
I keep accumulating this coin for long run
First decline to green support after strong run up.
Gapping up between candles on 1hr as buying pressures increases
Buy in this areas 0.02140-0.022
If price decline more to green i will look for more buy configuration
As price starts decline in to support i start accumulating amp coins . My average now 0.025 . 155000 amp coins
See idea attached
Amp on daily start decline in to various levels of support- 15ema first, top bolinger next, green band below -as this first decline-expect buyable rebound from this levels
On 1hr gaping up on open and green reversal of red candles
On 15min breaks above resistance band and may become support- buy
If it decline more I will look for more buying configuration
Currently created ATH followed by Bearish divergence tracking on 4 hr chart shows price struggling but forming a good position for another leg up. Possibly to retest ATH with in the next couple days currently consolidating.
Not financial advise I am not your financial advisor this is my option based on the charts.
I was on a livestream recently where someone made the comment "there is no evidence that AMPL can maintain a $1 price point" (not exact quote, but close)
AMPL maintained a $1 price point for 90 days. Why can't it do so again?
Price decreased a little in the last hours after the failure to jump above the SL. It has escaped from the down channel and now tries to approach the downtrend line. Maybe only a valid breakout from the chart pattern will signal a significant rebound and only if the rate will stay within the ascending pitchfork's body (above the lower median line).