Panjang
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
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Joe McCann
Founder, CEO, CIO
Asymmetric
asymmetric.financial
Founder, CEO, CIO
Asymmetric
asymmetric.financial
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.