Long
Classic W Pattern on BTC-AMP
Some thoughts on #BTCAMP.
As mentioned many times previously, AMP is a super high probability setup. What we have here is a classic "W" shaped chart pattern with a very strong double bottom (the two flat lines).
In many cases a double bottom is a good enough indicator to get long the asset, but in this case it is even stronger with the W formation and has a high probability of retracing back up to the middle of the W.
There is no guarantee this plays out but I'm long a ton, and have been, because I've seen these setups many, many times in the past and with the overall atlcoins market ticking back up, I like the risk/reward here.
As mentioned many times previously, AMP is a super high probability setup. What we have here is a classic "W" shaped chart pattern with a very strong double bottom (the two flat lines).
In many cases a double bottom is a good enough indicator to get long the asset, but in this case it is even stronger with the W formation and has a high probability of retracing back up to the middle of the W.
There is no guarantee this plays out but I'm long a ton, and have been, because I've seen these setups many, many times in the past and with the overall atlcoins market ticking back up, I like the risk/reward here.
Joe McCann
Founder, CEO, CIO
Asymmetric
asymmetric.financial
Founder, CEO, CIO
Asymmetric
asymmetric.financial
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Joe McCann
Founder, CEO, CIO
Asymmetric
asymmetric.financial
Founder, CEO, CIO
Asymmetric
asymmetric.financial
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.