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AMP2USD trade ideas

#AMP Token 1D - Downside with supportAMP broken below the rising trendline it has been forming since March 2021. It broken below the trendline in September 2021, but went back above it in early November 2021. If we see a further correction in price, we could go to the bottom of the rising channel around 0.043-0.044. If it goes below that channel, we could get supported by a prior high around 0.038 - 0.04 range. Lastly, keep an eye on the RSI as it seems we are bouncing off of a trendline as well and it may be headed down there for another bounce. What are your opinions on this? Comment below, hit the like and follow me. Thank you! Check out more below for recent Altcoin, Bitcoin and Stock Ideas. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
GEMINI:AMPUSD
by MillionaireEconomics
Thoughts on this 12345 Elliott Wave plot?So going off of my first published idea of the Flat 3-3-5 ABC Correction from June 16 to Oct 27, I've read that flats are typically found in the 4th wave position of the Elliott Impulse Wave pattern. If that's the case, then we should be looking at wave 5 next for AMP, which lines up with the EOY to Q1 2022 Altseason that's coming. What I've been trying to figure out is where Waves 1, 2, and 3 should be plotted. I think the Coinbase listing effect in June disrupted the waves structure a bit because Wave 3 should've been in May when AMP hit an ATH of $0.0785. But where I've plotted Wave 3 now lines up with the ABC correction from June to October. I also tried plotting Wave 1 to the peak on Feb 12 and Wave 2 to the low on Mar 9, but that would break the rule where Wave 4 is not supposed to be lower than Wave 1. Would like to hear your thoughts!
GEMINI:AMPUSDLong
by CryptoAmpire
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