We could possibly see an upward trend starting on
AMPBTC
with a daily close above or around 2100.
We found support in the same area as December all time lows and had been sitting there for the past week.
RSI has been oversold or close to it for the past 2 weeks, and is moving upward but not spiking.
MACD will confirm a bullish signal line crossover heading towards the centerline with a daily close positive.
There will also be an upper bband breakout and a possible 3 white soldier set up in play if the we close green.
Volume has basically bottomed out, so I would like to see an increase to confirm the reversal.
If we close above or around 2100, with decent volume, I think we could reach ~2500 the following day testing recent resistance, before we continue the upward trend by this weekend.
AMPBTC
with a daily close above or around 2100. We found support in the same area as December all time lows and had been sitting there for the past week.
RSI has been oversold or close to it for the past 2 weeks, and is moving upward but not spiking.
MACD will confirm a bullish signal line crossover heading towards the centerline with a daily close positive.
There will also be an upper bband breakout and a possible 3 white soldier set up in play if the we close green.
Volume has basically bottomed out, so I would like to see an increase to confirm the reversal.
If we close above or around 2100, with decent volume, I think we could reach ~2500 the following day testing recent resistance, before we continue the upward trend by this weekend.
Along with many other alts, it looks like we're going to have to wait until $BTC makes it move one way or the other.