$AMP: Bullish Divergence Flashed on $AMP Daily Chart Structure
LONG SETUP AMP
Entry: $0.00067 - $0.000685
Stop Loss: $0.00063685
Take Profit: $0.0007588 (2R)
Key Levels: Support $0.000633 | Resistance $0.00073
Technical Analysis for $AMP: Price sits above EMA9 (0.000650) and EMA21, with MACD histogram positive and ADX 36 confirming a strong uptrend. RSI at 64 adds momentum while the Bollinger upper band caps near 0.000721, suggesting limited upside. A break below 0.000633 invalidates the bias. LONG bias targets continuation toward resistance, with support as the invalidation level.
Market Context: BTC is in a bearish 4hour trend and down 3.3% on the day, while the overall market is broadly negative with 88.6%
LONG $AMP
LONG SETUP AMP
Entry: $0.00067 - $0.000685
Stop Loss: $0.00063685
Take Profit: $0.0007588 (2R)
Key Levels: Support $0.000633 | Resistance $0.00073
Technical Analysis for $AMP: Price sits above EMA9 (0.000650) and EMA21, with MACD histogram positive and ADX 36 confirming a strong uptrend. RSI at 64 adds momentum while the Bollinger upper band caps near 0.000721, suggesting limited upside. A break below 0.000633 invalidates the bias. LONG bias targets continuation toward resistance, with support as the invalidation level.
Market Context: BTC is in a bearish 4hour trend and down 3.3% on the day, while the overall market is broadly negative with 88.6%
LONG $AMP