Just checked out the current chart for AMP/BTC on BTRX, I drew in what I see as the last 3 bases (actually upon looking again I think I missed another decent base right after 2). The 1st two barely got a bounce and if you missed that bounce you'd still be holding or selling at a loss, the 3rd is the the one that has not seen it return to base and if you count the one i missed right after 2 that one hasn't either.

Would you be a little weary of this chart at the moment? And even if you would trade it would you recommend newbies to avoid charts looking like this?