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...
Amb has had a great run over the last 10 days. (75% or so). As is evident, the 4hr RSI is showing bearish divergence as buyer volume is starting to get a little exhausted. Those support levels are nearly aligned with the Fib Retracement Levels. I'm looking to layer my buys between 6500-6000 satoshi's. On the other side of the coin, if it continues to...
Golden pocket into a 5th extention
Not financial advising
Hey guys, I was researching low cap Binance coins and came up with the Ambrosus. FA is very strong at this one, 60M market cap, Swiss Gov backed, Masternodes, tokeneconomic and more coming. What is more important, I think we will see a big cup and handle on the daily. Then targets are ATH and above. Cheers ;)
My favorite wedge EMA's forming Bullish RSI Bullish MACD :) Remember who gave it first & remember the name Come back & Follow me if u have made nice profits out of this trade
hey guys, howdy i just added ambrosus to my watchlist for the week. its been climbing upwards the past 20 days. im watching closely the MA50, i will probably enter in the trade when it crosses the MA200. dont listen to me tho, i dont know what im doing
BINANCE:AMBBTC Risky call but why not. After BNB ICX SALT LINK one more trade will not hurt. We are doing live trading in my telegram Take 10% or more Stop loss 3250
Good Morning, Traders! On the 4hr chart, ambrosus has been reacting to many price trends but the longer term descending triangle is what keeps me interested. As the price travels into this shape, the price has been reacting positively to past trends. Many times, the falling wedges have broken out posistiv and there were formations of many bullish patterns such as...
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...
We had nice bounce from 61,8fib after jumping thru 200EMA, AMB did fall below it but quickly recovered. However, 200EMA was not supportive at all it this case, which worries me a little. We need to see more support from 200EMA before we can enter long profitable trade. This might be just one time jump as we might have seen before. If you are still in this trade...
3 REASONS AMBROSUS IS HEADING UP 1. Price correction all the way down to 78.6% Fib levels, indicating correction is finally over. 2. We're seeing a nice breakout from the downtrend line, same goes to RSI. 3. We're in the upper Bollinger Bands, and we can see the bands expanding, indicating the possibility of a nice move upwards soon. ***This is just me...
Only 1 out of 4 signals are Bullish. RSI is pretty much in the middle. If we close above the Kijun-sen could be a Kijun Bounce, but more than likely to come down and get support from the chikou span line. If we re-enter the cloud it could be a nice edge to edge cloud trade before hitting the resistance at the top and coming back down.
AMB has some resistance right now but looks like it will continue to go sideways. Join our Free Telegram group for more updates now: t.me