TerranTim37

AMP Price prediction for beginners by a beginner

GEMINI:AMPUSD   AMP
I am new & this is my first published idea, I welcome any & all constructive feedback. I am NOT a financial advisor, this is NOT financial advice, I'm just a dude who has been smitten by charting.

$AMP is one of the new listings on Coinbase & is (at time of typing) the "cheapest" currency on the big American exchange. This chart is a basic example of price action on the daily candles, local low, local high & 2 basic trend lines. Other macro indicators & TA has highlighted late September/Early October as the potential peak for the 2nd half of this bull run & this $AMP chart follows those trends. I anticipate a sell price, which is a 3x from my average cost, of just over .18 USD on or before 9/21. This analysis is almost entirely based on TA & $AMP tokenomics.

I see this as an easy opportunity for new retail investors, (like myself) to make some money, gain some confidence & inspire more people to use Trading View.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.