AMP/USD about to pickup bullish momentum??

28 Jun 2021

AMPUSD


Been watching AMP closely since the Coinbase launch.. After the recent rally that was halted by BTC & other alts, AMP has formed a potential double-bottom around 5cents on the previous support region that led to it's rally last time..

Watching for a bullish brick to be printed before confirmation of a longer term bottom.

Expected levels to consider taking profit, as well as stop-loss (Price that would invalidate the double-bottom) have been added to make this idea (& my thoughts) a bit clearer/straightforward..

Following the price topping out, the retrace has been quite extensive & is quite a bullish setup on solid support.

*Will update manually in idea updates*
^Feel free to make a copy for yourself if you'd like to view the PA in real-time

29 Jun 2021

Catatan

*Not enough PA yet for an update*

30 Jun 2021

Catatan

1hr candlestick chart showing a bullish gartley that could possibly play out

1 Jul 2021

Catatan

Update to the gartley, extended a bit due to BTC movements however still valid

3 Jul 2021

Catatan

Bullish Div. on AMP/USD 4hr candlestick

3 Jul 2021

Catatan

4 Jul 2021

Catatan

4 Jul 2021

Catatan

Macro descending wedge on AMP/BTC weekly

4 Jul 2021

Catatan

13 Jul 2021

Catatan

Update to this Idea!