AMP providing good R:R for a 300-400% Bull Cycle Altcoin Pump

Amp is an Ethereum token that aims to “collateralize payments on the Flexa Network, making them instant and secure.” If a BTC or ETH payment fails due to unconfirmed or long transaction times “the Amp collateral can instead be liquidated to cover losses” while the vendor receives payment in fiat, potentially providing greater assurances to both parties.


The Risk: Reward looks very good for bullish reversal out of the extreme bear channel.

Be disciplined and take profit whenever the Beta to Alpha pump has completed

Commento:

still sideways under consolidation. waiting for BTC-USD to signal next direction

Commento:

clean bullish exit from my extreme bear channel analysis, now lets get ready to start counting the bull cycle features

Commento:

nice move to begin the BETA wave up

Commento:

beta consolidation continues

Commento:

BETA cycle nearing completion, get ready for Alpha cycle to begin

Commento:

Alpha cycle target should be lower than original plan because the Beta cycle retraced to support lows. New Alpha target is 0.004000-0.005000 (100-150% return)

Commento:

original idea invalidated, beta alpha cycle was compressed rather than expanded. who knows where the bottom is now. BTC needs to reclaim 30k for AMP to do anything positive

Commento:

uptrend is close to exhaustion I think, try and sell at 0.00600 if it pushes that much higher