Ambrosus In a Rouding Bottom Breakout Pattern.
Hey, I am back with another trade Idea.
This time looking at Ambrosus that has seen stable growment over past days.
Ambrosus is a low market cap token sitting at rank 166 which means there is potential for a high % breakout.
Okay, taking look at the chart you can see that a rouding bottom from downtrend has formed.
Taking look at the Indicators.
MACD is giving strong signal to buy, RSI has bounced from support back to high bullish levels and Stoch is flying.
Hope I made your view on whats going on with Ambrosus somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will update!
This time looking at Ambrosus that has seen stable growment over past days.
Ambrosus is a low market cap token sitting at rank 166 which means there is potential for a high % breakout.
Okay, taking look at the chart you can see that a rouding bottom from downtrend has formed.
Taking look at the Indicators.
MACD is giving strong signal to buy, RSI has bounced from support back to high bullish levels and Stoch is flying.
Hope I made your view on whats going on with Ambrosus somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will update!
Comment:
It was a Cup and Handle