itradearn
Long

Ambrosus AMB BTC Forecast

BINANCE:AMBBTC   Ambrosus / Bitcoin
This chart should have been put up this morning but I was caught up. AMB are presenting an updated road-map tomorrow and the chart shows a symmetric triangle set-up. Price entry should have been 6,400 however 6,650 - 6,700 rests on 0.382 fib line. As always BTC plays a role here along with volume and hype.

Targets are as follows:

1. 7150
2. 7400
3. 7900

RSI stands at 55 which is neutral. 20 SMA about to cross over 50 SMA which is a bullish sign.

This is not an investment advice, always do your own research.
Order cancelled: BTC and volume weren't quite there. Trade cancelled.
Nice call
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