AMP / TetherUS
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AMPUSDT : Descending Triangle

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Price Action Study Based on below three probability and condition

1)Structure
2)Moving Average 150MA
3) Volume Analysis

1) Structure: Lower Low and Lower High in Descending Triangle Pattern

Currently, in the hourly time frame, the price is trading in a Lower Low, and Lower High Structure in a Descending Triangle Pattern.
Descending Triangle is a Bearish pattern but not all the time sometimes it may even turn into bullish mode also

2) Moving Average 150MA :

In the hourly time frame price is observed mingled with 150MA, which indicates the structure is neutral, No Bullish or Bearish

3) Volume Analysis :

In the current trend, there is no strong buyer or strong seller.

4) Expectations/Probability

Probability 1: If the price continues on the Higher side it may hit 0.018$
Probability 2: If the price continues on the Lower side it may hit 0.012$
Trade fermée: ordre d’arrêt atteint

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