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...
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...
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...
Chart is showing really great profit potential.
Stop level area is under white trend line.
If price keep continue to down move, probably it will touch to yellow line for testing it as main support line.
UCTS Buy signal on the 6H
Volume slowly trying to appear(while weekly levels are at ATH..)
RSI & MACD Rising
Daily is also looking good w RSI coming out from oversold lvls, and MACD about to bullcross
Potential Falling Wedge bullish reversal forming.
Downtrend nearing ATL, expecting to contract in this range for a few more weeks before a breakout.
Breakout could mean targets at 1690 sats and 3375 sats.
Looking for horizontal R/S flip at said targets, if BTC holds.
Invalidated if 1D close below 990 sats.