AMB seems to be accumulating near the breakout of symmetrical triangle
if AMB breakout with good volume and move past a small resistance near the breakout then it should reach the targets
BUY at the breakout
Targets are on the chart
SL -5 % of buy-in or just below previous support
Watch out for BTC volatility as well before entering the trade
Ambrosus (AMBBTC) can easily produce an impulse breakout to the upside and generate some nice gains quickly.
Take a look at the last three candles, marked yellow on the chart, if the bulls follow up there can be a massive breakout.
On a different scenario, if not enough momentum can be garnered, then you can expect a little retrace followed by the move to the...
$AMB Potential inverted H&S pattern in play...
UCTS Buy signal on the 12h
Volume starting to rise
Breaking above current level (~720sats with volume) could act as trigger.
Enough room to make a big move if happen
Although ALT season hasn't started yet, but this one looks promising.
Finding support on the uptrend (Trapped in a rising widening wedge-Bullish) after breaking a previous resistance (Yellow line). With EMA 50 acting as a resistance, we need volume and confirmation (4h candle closing above EMA 50 and the red line) we can find profit targets according to fib...
Stoch RSI seems to be moving up
SBS Indicator shows BUY signal
Crypto Tend Analzyer is Green as well
Buy at the breakout of the trend line
Targets and SL are mentioned on the chart
Lets see how this will play out
Brutal sell-off, approaching an area of psychological support (500). I'd hope to see a bounce around that area, however I'm not certain if buyers will show up just yet. The best advice I can offer is to be patient with your entries, let others cut their hands.
We are looking at Ambrosus on the weekly time frame and notice that it just hit a new all-time low recently.
So all gains from late 2017 cryptocurrency market bull run have been completely removed.
The pertinent question here to ask is the following, how much lower can Ambrosus (AMBBTC) go?
The RSI hit 30, which is my weekly oversold limit, and the MACD is...
I know many people that are very bullish on this project and viewed it as a great buy at nearly 2x this price point. I will leave the FA to them, but from a TA perspective I finally see value in entering here. The r/r is very good at this level and we should see a substantial gain in a few short weeks. Much like the MFT play I posted yesterday, RSI hasn't reached...