demwunz
Long

Synereo AMP Long term

POLONIEX:AMPBTC   Synereo AMP / Bitcoin
Long term perspective for Synereo AMP. It's formed a cup already, a handle is forming, given the state of the crypto space as a whole.
The bottom of the handle coincides perfectly with the BTC             BIP148 August 1st date.

The beta was released during the recent slump, I expect for it to be used more widely then it currently is and get some more attention by then.

If all goes well, we can probably see the price movement go towards the previous ATH             .

We could possibly see the handle form lower towards the 38.20% FIB level.
Comment: From Synereo:

"WildSpark will open its doors to everyone and be freely available for download at the Chrome Web Store by the 13th of August....

...this extension is simply the closest touch point of Synereo’s Internet meta-layer to the existing net; https://www.wildspark.me itself will soon become the central hub for content curated and Amplified, accessible from all browsers and on mobile, while providing all the functionality of the extension – even if you do not have it installed."

This coincides nicely with the ascending part of the handle.
Comment: BIP148 less likely to occur now that BIP91 has been kickstarted in earnest.

I expect some sideways action in the short term a steady climb in the coming weeks and a sharp climb within the next couple of months.

https://www.cryptocoinsnews.com/bitcoin-chain-split-hard-fork-not-likely-miners-agree-segwit/
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