AMPUSDT broke out of symmetrical triangle!!#AMPUSDT long trade setup:
Amp is an open-source, decentralized protocol that provides collateral as a service. Amp is described as the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for a wide variety of asset-related use cases.
TECHNICAL ANALYSIS:
AMPUSDT Broke of symmetrical triangle and is currently retesting.
AMPUSDT is also holding support of 200EMA.
Entry: $0.003567 to $0.003619
Target 1: $0.003785
Target 2: $0.004080
Target 3: $0.004257
Stop Loss: $0.003392
Happy trading!!
AMPUSDT.P trade ideas
AMP/USDT Gaining Momentum to Breakout From Symmetrical Triangle💎Paradisers, #AMP is currently poised within a symmetrical triangle and gearing up for a potential breakout.
💎After the breakout, we'll seek a retest to confirm this movement before strategizing our next moves. This retest is key in validating the bullish momentum. If #Amp maintains support at $0.00681 and propels upwards, we aim for the resistance level we've identified ahead.
💎However, if #AMPUSDT fails to hold this support and falls back into the triangle, it may suggest a weakening of the bullish trend. In such a scenario, the price might retreat to the subsequent significant support at $0.0056.
💎Previousally, NYSE:AMP has demonstrated a strong capacity to recover from this mark. Should this resilience persist, we might witness a robust bounce. Nonetheless, a clear break below this support would alter our bullish narrative, potentially signaling a transition to a more bearish trend.
MyCryptoParadise
iFeel the success
AMPUSDT IdeaInteresting chart this one - difficult to make sense of the current, likely corrective, price action. Higher time frame I am expecting another wave up (wave 5 of 5), for which the ideal target is just under $0.027 but the move could be truncated and only achieve $0.02 to still be a valid wave 5. Within this correction, I feel that we are likely to bounce to the orange dotted line as a result of confluence I have observed with the Fib targets but it is only an educated guess at present; price could easily drop much lower to $0.0045 or less. The short term risk of this is low I think because of the wider market picture, which suggests we bounce before making a final low and then resume the uptrend for one more high.
AMP BreakoutHi Guys
Amp on weekly chart looks good, as u see RSI breakout the trend line and it is a good sign to preform a bullish move and uptrend.
Targets on Chart.
PLZ DYOR.
Disclaimer: This article is for informational purposes only and not financial advice. Conduct thorough research and consult with professionals before making investment decisions.
Good luck.
#AMP/USDT#AMP
The price has been moving in a descending triangle since June 2022
Due to a strong support area at 0.001500
We are on the verge of a downtrend supported by oversold conditions on the MACD
Current price is 0.002275
The first target is 0.005555
The second goal is 0.008855
Nearly 400% of the current price
Powered by the Moving Average 100 breakout.
AMP and middle term targetsAMP on spot BINANCE:AMPUSDT
Soon we will see main stop losses and fuel for buyers
Possible Targets and explanation idea
➡️Weekly chart. Order flow from sellers will be like a fuel for price up
➡️Marked first main level for break even stop losses
➡️Idea for spot. Soon after pump they'll add this coin Futures
➡️Marked wick candle levels and 50% of this wick will be middle term trigger.
➡️Based on Take Profit indicator. Level for tp marked
➡️Like you can see on MP indicator big money inflow in May and Sep 2023
➡️Waiting Money outflow + take profit level. After that we will update idea
➡️ If market crash again under no support so we can't know how low AMP drop
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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AMP looks still bullish soonWe have a Bullish Structure here
BINANCE:AMPUSDT crossed out of the symmetrical triangle on weekly.
✌️Keep growing
the Ascending structure of the chart...
- High potential areas are clear in the chart.
- AB=CD
It is expected to sweep the minimum liquidity pool indicated on the chart. The targets are clear on the chart.
Closing 1 daily candle below the invalidation level will blue the analysis
BINANCE:AMPUSDT
AMP-USDT WILL BULLISH SOON 1ST 0.00620 2ST 0.012$
Thank You,please not forget buy today...AMP-USDT WILL BULLISH SOON
AMP On Fire: Don't Miss Out on This Buy Trade!"## Amp (AMP) Coin - Short Fundamentals and Recent News (as of February 22, 2024)
**Fundamentals:**
* **Open-source, decentralized protocol:** Aims to provide instant, verifiable assurances for any kind of value transfer by acting as collateral.
* **Ethereum-based:** Utilizes the Ethereum blockchain and Proof-of-Stake consensus mechanism.
* **Total supply:** 100 billion AMP tokens.
* **Current market cap:** ~$171 million USD.
* **Current price:** ~$0.004 USD.
* **Typical hold time:** 107 days.
* **Use cases:** Merchant payments, collateral for loans, micropayments, and more.
**Recent News:**
* **February 16, 2024:** Flexa and NCR announce integration of AMP into NCR POS systems, potentially enabling instant settlements for millions of merchants.
* **February 14, 2024:** Amp partners with Chainlink to provide decentralized price oracles for the Flexa network.
* **February 9, 2024:** Amp announces integration with SushiSwap, allowing users to collateralize their positions with AMP.
* **February 3, 2024:** Amp announces integration with Liquity, a decentralized protocol for borrowing and lending.
**Disclaimer:**
* I am not a financial advisor and this is not financial advice. Please do your own research before making any investment decisions.
* The cryptocurrency market is volatile and high-risk. Past performance is not indicative of future results.
* Consider your own financial situation and risk tolerance before investing in AMP or any other cryptocurrency.