Amp's steady ascentAmp has been slowing been moving up since a low of .09 about a month ago; steadily making higher lows along the way. Looks like on the 9th of November it broke resistance, but the breakout may have been cut short by the btc drama, which started at around that time. The price may very well be suppressed by btc action and undervalued right now. Looking to buy at next test of the bottom support line. In the mean time, since I know nothing about the coin, I'll be doing to some reading up to see if this coin is worth investing for the longer term beyond a short term flip.
AMP
Synereo AMP breaks outSynereo AMP breaks out of descending triangle before news of software update. AMP has been in the dumps for a long time with strong sell pressure following a product launch. It reached all time lows, and now it looks like it's recovering. Risk/reward ration is very good, in my opinion. Synereo is a decent start-up company that's still working. If their product, WildSpark, catches on the price could rise substantially. Long term: it may get overtaken by competitors and be relegated to obscurity.
Let's try to $AMPlify :)While there's no definite signs of coming reversal, but AMPBTC and its Lagging Span are both approaching areas of possible support.
So we can hope for the rebound from those levels up to the nearest Lead line, which is currently around 20k satoshi level.
Watch the entry signals on the shorter time-frame charts.
AMP to moonAmp is holding support line, on MACD it looks like there will be a crossover and with their beta release this month it should pump any day now. I think we can reach ATH. Should be 200% profit. Buy now and hold for 10-15 days.
When you make a nice profit fell free to tip ;)
BTC:
1JtrNhmtaddetoqxsgM1EAbXBC1qz9h77A
ETH:
0x81b52bcb7df0bE59E7d08583443C815eCFe5CF5E