Ambrosus Weekly chart update. Accumulation in game.

This is the place where you, as a investor would like to place first bids. I see 1500-1800 as a accumulation zone. Further price movement will be dictated by Bitcoin and Ethereum moves, as AMB is pegged to BTC and ETH pairs on it's major exchange - Binance.

Closing below this horizontal line (it can wick! but the body of the candle needs to hold above this range, keep in mind that there is nearly a week to close, a lot can happen), will lead us to 1200 zone.

Comment:

As you can see, lvl I'v marked held quite well. Accumulation in game, a lot of bullish news coming, like this one: blog.ambrosus.com/th...ffering-7d1cc2f24c70
Ambrosus is the first crypto to be accepted in Security Token Offering!

I think 2019 is gonna be wonderful for AMB-NET development and ofc Amb price.