$amp still holding this area quite strong, despite the downward pressure. How do we know that? A few reasons. Notice how the double-shaded squeeze on the Daily dissipated fast. Went right back into single-shading, and even looks like it wants to print a local bottom again. Also, we printed a new local support underneath just last night at $0.00203 on the 4HR, with the help of a B/R combo (unconfirmed). MACD wants to cross, but hasn't yet.



Ultimately, accumulation is happening as we speak, and lots of it (if you need proof of that, just look at Arkham's data in regards to some of the hot wallet movement recently). It's the end of the year -- tax season time, lack of legislation, lots of FUD everywhere -- just gotta ride things out and wait for things to flip. Carry on 👊
AMP-0.87%
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