Amp might be gearing up for a nice upside move. A couple key points: 1. Amp is currently trading and retesting the POC (~$0.00390) the bear move (~$0.13 down to ~$0.00140). Price wicked back down into this area and pulled back up and is currently trading near the and around the POC. This may be an area where bigger players are accumulating. 2. Possible inverse H & S pattern is forming. This is a good area for one to form since the inverse head is the lowest price achieved during the bear move. 3. CVD is possibly showing passive buying. The token price has broken below the large bull candle that tapped ~$0.017. CVD is showing that passive buying may be occurring (i.e. maintaining positive 4-5 Billion. 4. Lastly money flow curve is increasing which is generally bullish. This needs to move into the green to maintain that stance.
Potential short/mid/long-term targets are listed on the chart. These are my opinion and should be taken with a grain of salt. Do your own research before buying.
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MF is pulling up, this needs to turn and keep green for momentum to the upside. The large rejection this week is not good but price can still turn around, so we will see how this plays out over the next few weeks.
Trade ativo
Moving near the first target, MF is pulling up on the weekly timeframe. MF will need to sustain its upward movement and turn green on the weekly for further upside movement:
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AMP is looking pretty good on the weekly, MFI is clipping green on the weekly TF and momentum is moving up to:
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Amp needs to break above this previous volume node for continuation higher:
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Price has a made a move through the volume noted at ~$0.007, price will need to hold the ~$0.007 level at a minimum:
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Price closed around the $0.007 and held last week. Got some minor pullback on lower timeframes, but overall $0.007 held and a push higher occurred, price action is looking really good:
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Volume is looking pretty good....might see some additional upside soon:
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.