Hi dear friends, hope you are well, and welcome to the new update on Ambrosus ( AMB ) coin with BTC pair.
Previously we had a nice trade of AMB:
Now on a daily time frame, AMB has formed a bullish Gartley pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Hello everyone, if you like the idea, do not forget to support with a like and follow.
AMB is overall bullish and now approaching the lower brown trendline acting as non-horizontal support, so we will be looking for buy setups.
on H4: AMB is forming an inverse head and shoulders pattern , but it is still an idea.
Trigger => Waiting for the right shoulder...
AMB / BTC
New Mid Term Bag SWING TRADE : For 60% - 75% Profits
I am mostly out of my Long Term Super Farm bag (did 3x+) as it already achieved my target of 1$
Now will be compounding those profit gains in some low sat shit coins on Binance 😜
I have bought Ambrosus and my Targets will be 165 - 180 Sats (in BTC pair)
This will take some decent amount of time...
Ambrosus is ranging for quite some time and TL support is holding, seems to be almost ready for next impulse.
Current Price= 0.00000080
Buy Entry= 0.00000080 - 0.00000072
Take Profit= 0.00000097 | 0.00000116 | 0.00000146
Stop Loss= 0.00000059
Risk/Reward= 1:1.24 | 1:2.35 | 1:4.12
Expected Profit= +27.63% | +52.63% | +92.11%
Possible Loss= -22.37%
Fib....
Hi friends, hope you are well, and welcome to the new update on Ambrosus ( AMB ) coin.
On a 4-hourly chart, the price line of AMB has formed bullish Gartley pattern.
AMB is quite weak in the 80sts zone and it will probably move back to the 65sts zone in the next few days. But if there is strong buying then it will be able to rise to 105sts area by mid-July
📈BUY
🔴Buy : 64-66sts if A. SL if B
📉SELL
🔴Sell : 78-82sts if B. SL if A
♻️BACK-UP
🔵Buy : 78-82$ if A. SL if B
🔵Sell : 102-108sts. SL if A
❓Details
🕯Timeframe : 1...
The Ambrosus/btc pair is getting a squeezy point. Some say the altcoin season just had started. But when looking at the graph the overall trends seems to go down (red line). However, a clear symmetrical triangle is forming and were just at the end of the squeeze and the breakout will probably happen soon. I suspect that a breakout to the downside will happen soon...
The Ambrosus project seems alright with some question of the past.
However I think the price can uptrend with a potential ALT season.
The first price target can be, with a re-test, of 343. A potential supply retest of 84 satoshi can be the next target.
Though I am still positive with the price. The mid to long term target can 454 and 698 satoshies.
This is the chart that I shared for you "before the action starts"...
Some trade ideas are fully based on current market action; what I am seeing coming from the charts.
Other times, I will share a trade idea for a chart setup before the price starts to move...
This is a great example (AMBBTC 'before'):
Here we can see AMBBTC going exactly as we expect and...
This altcoin AMB have regained for the first time the 200 DMA in June 2020 after a pretty impressive downtrend.
Actually price is retesting the 200 DMA, and this retest seems successful. Until the price is ABOVE the 200 DMA, is bullish.
Also VOLUMES seems confirming a "round accumulation pattern", even if we must be careful when watching the volumes on crypto...
Hey, have copied bar pattern of similar charts to amb/btc to illustrate my ideal scenario (short term) for ambrosus. Also have layed out my longer terms thoughts on the chart, think rollercoaster trends to 0 over the longer term.
Ambrosus has been in a major downtrend vs btc for 3 years straight. Expect it to test at least half the 0.236 fibonacci retracement so 0.118 of ath on coinmarketcap. Hit ~10k sats, expecting an exit pump into the 1000-1800 sat region which would only be 10-20% of old ath, thinking 1100 sats is a really good level. Not financial advice.
AMB has a nice daily and weekly upward trend. The price is above ema14, ema50, ema100.
Buy up to 88
Sell Targets:
92
99
108
125
181
Stop Loss: Close daily candle below 72
I gave you some updates/follow up on altcoins that we've been looking at in the past, these are already moving.
Here is one before the action starts, AMBBTC (Ambrosus).
CHART SIGNALS
We have a falling wedge and also a lower low compared to May 2020.
At the same time, we have a strong bullish divergence with the MAC and RSI...
Just now prices are starting to...
