Been watching AMP closely since the Coinbase launch.. After the recent rally that was halted by BTC & other alts, AMP has formed a potential double-bottom around 5cents on the previous support region that led to it's rally last time..
Watching for a bullish brick to be printed before confirmation of a longer term bottom.
Expected levels to consider taking profit, as well as stop-loss (Price that would invalidate the double-bottom) have been added to make this idea (& my thoughts) a bit clearer/straightforward..
Following the price topping out, the retrace has been quite extensive & is quite a bullish setup on solid support.
*Will update manually in idea updates* ^Feel free to make a copy for yourself if you'd like to view the PA in real-time
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*Not enough PA yet for an update*
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1hr candlestick chart showing a bullish gartley that could possibly play out
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Update to the gartley, extended a bit due to BTC movements however still valid