$AMP has put in solid support on the Daily with multiple touches. Pro Blue Osc hovering nicely above the zero line, MACD about to cross up, Cipher printing a buy and RSI Stoch coming out of the reset position. If market cooperates for a solid bounce then I expect nice gains out of $AMP here.
Bounced off of solid support multiple times and now printing a bullish candle reversal. Pro Blue Osc quickly turning before zero line, MACD looking to cross up and RSI turning Bullish. Note: This DeFi token has 90% of supply in lock up so it can fly. $7+
This could be massive. Let's see how it plays out and continues to form. ($CUBE is a MetaVerse token with only 100M supply backed by the Winklevoss Twins and will compete against FaceBook's Meta)
$CUBE is backed by the WinkleVoss Twins and Sony with its MetaVerse working project known as Somnium Space. Only a 100M total supply which is half the supply of $AXS ($170) and is currently only on Gemini. Talk is Coinbase and Binance are very soon and with the MetaVerse craze expect this to continue to move up rapidly. The four hour chart is primed with a bounce...
Great setup with a token that has 90% of supply in lockup.
Coming out of a flag with Pro Blue OSC over zero line, MACD turning up, RSI healthy, and Cipher printing a BUY. Let’s see if it gets continuation.
Nice higher lows with healthy bottom wicks, followed by engulfing bullish candles. All indicators pointing up with MACD crossing and Pro Blue OSC curling back up giving this a lot of room to run.
RSI at historical low point that triggered every prior run... Pro Blue Osc starting to level out from its downtrend... Bullish engulfing candle... Let's see if this is the turn. What do you think?
$AMP looks to have put in a higher low with a long bottom wick which bounced off of the 200 DMA on August 30th .047ish. Note the previous swing low back on July 20th .038ish. Also looking at the near identical action in the RSI and Pro Blue Oscillator. If volume continues to come in then look for a nice run off of a higher base.
$AMP looks to have put in a higher low with a long bottom wick which bounced off of the 200 DMA on August 30th .047ish. Note the previous swing low back on July 20th .038ish. Also looking at the near identical action in the RSI and Pro Blue Oscillator. If volume continues to come in then look for a nice run off of a higher base.
$AMP has had some crazy consolidation the past month with mini pumps then falling back to support. Looking like there will be another positive move this weekend with BB's squeezing and all indicators on the 4 hour starting to curl up. Let's see if this move sticks or if we have more time to wait for the big one.
Chart is self explanatory here. Let's see if $AMP brings in the volume for a breakout.
As we look at a few key indicators on the Daily we see that seller exhaustion is near. On the Pro Blue Osc we see it's nearing the 0 line where it flipped trend last time. Also taking into consideration RSI is near its lowest point to where it started turning back up on prior moves. I've also added in the TD Sequential from Tom Demark which is just a couple days...
Let's see if July brings us fireworks.
Let's see how this plays out.
Again, I luv the $AMP project but looks like it has further to fall unless this H&S invalidates. Volume getting lighter, RSI and MACD still correcting and Pro Oscillator signaling downtrend has further to go. (Hit @TradingBTC1 up if you want to try the Pro Oscillator, it's awesome.)
I luv the $AMP project but after such a run up we can see the indicators pointing to a needed breather. RSI hit near the same high as the last run up then pullback. MACD starting to crossover and Pro OSC (Blue) indicating the start of a rollover. Let's see if the Median Bollinger Band creates support around .095 or if it moves further down. BTW the Pro OSC is an...
💰 The last $AMP C & H was textbook and expect this one to be as well. GL