The price broke above the 200 day moving average on the daily chart last August 17, 2016 and is currently at 923 satoshis. The current volume on Poloniex dropped to 69 BTC as sellers (the early buyers at 500 satoshis) were already exhausted.The target for selling before snapshot is 1,457 satoshis.
Previously, AMP was reverting back to low 10,000 satoshis as traders feel there's nothing to look forward to Synereo's development. And then an announcement https://blog.synereo.com/2016/08/16/synereo-alpha-going-online-heres-what-you-can-expect/ that its network will soon be launch in September. This cause the market to rally back to it's old ...
Sequence of observations since 93 days ago:
Note: I don't usually trade this, but after several ...
In spite of seemingly coordinated hacks against bitcoin exchanges (maybe FUD attempt by powers that be), the price continues to crawl up. Buys continue to climb up in spite of heavy sell pressure.
The safest short position is at the higher levels of the triangle. Less safe, but good nevertheless is to set buys just above the green trend line. If the price breaks ...