If BTC moves up to 70 RSI, then down to 36 and then back up past 70, prices may gradually head towards 45,000 within the next few days.
*Previous idea was invalidated as the price of .10 didn't hold and due to my error of the divergence lines. Currently trying a new strategy where if AMP reaches approximately 80 RSI and then bounces of 49.4 RSI, a possible reversal to the uptrend may occur.
3rd Divergence in play, I believe a reversal from this small dip is preparing to occur as seen in the last two divergences. Also, this would be a great buy zone as long .10 area holds. Take profit would be about .14. (Not financial advise, please only risk what you can afford to lose.) BUY: ~.1020-.1075 TP1: .1350 TP2: .1450 TP3: .1550
AMP amazingly bounced up right before hitting the 30 RSI mark returning to the bullish trend. The 10 & 25 EMA crossover plus the upper breakout of pennant further supports the trend. A predicted path is drawn.
Amp has rocketed through its previous ATH of .010 and now creating new ones. I believe it will continue climbing until RSI taps the 30 mark.
ATH was almost met, but fell slightly short at .0989, then retraced back to the support line at .0803. Followed by a rising bullish pennant. A break above the top of pennant and resistance of .0971 potentially signals a new ATH. The M shape to Pennant pattern may be repeated as shown on chart or a dip back to .083 after ATH may occur.
Just a quick idea, I think Bitcoin may replicate the path as shown in chart after it breaks out of consolidation at around 40000 and pasts the 43000 resistance line.
AMP broke through previous resistance of .0839, next resistance is around .091. There may be some consolidation before prices climb past .091 and reach ATH again or create a new one.
Hello, everyone I’m fairly new to trading crypto, only been doing for about 6 months. This is my first Idea to be published. I believe a breakout above the triangle and .0839 resistance line will trigger a gradual rise back up to ATH of 0.10. If prices fail to breakthrough above the triangle, then, a retest at .075 may occur.