BitcoinData

Risky AMP play

Long
POLONIEX:AMPBTC   Amp / Bitcoin
This is risky but AMP has just tested its trend line and held. Notice how two candles hit the trend line on the 24th, we just had one hit and the second is trending back down to test again. If the trend line does not hold and we venture into the box sell because we're heading down further; the RSI shows that there is room to fall to next trend line.

Buy in 3720 to 3850

Target 1: 4420
Target 2: 4860
Target 3: 5470
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