Ampleforth reached the bottom of the channel and has a high probability to go to the mid-line which is at the 0.5 fib with around 35% profit. In confluence we see the RSI plotting a ''Bullish Divergence''. A good strategy could be to take 75% profit at the mid and reenter 50% at the bottom again or let the 25% ride!
*DISCLAIMER* This idea is only for the purpose...
To keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome.
Trend = bullish (HH, HLs)
Notes:
- Bullish channel formed
- Respecting the recent H1/D1 supports nearby
- Potential bullflag forming inside the channel range
Idea:
- If bullflag is valid, expecting...
$AMPL Has roared today and now there is the turning point of maximum upwards momentum this is a key shift on the weekly in a couple more days we will know less than 5 days hopefully
This coin ridiculously easy to play and making some strong regular moves. not dipping at all. Can find it on Kucoin or FTX.
Demand Zone is now. checked indicators and they are perfect on 1D.
Strategy :
- Wait for a breakout of the 3EMAS and buy it just after 1$
- TP1 : Before 1.5$
- TP2 : Before 2$
if AMPL not break EMA's just don't buy it.
PS : u can also...
