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
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...
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...
Increasing volume. We bounced from the 618 fib at 7500k sats. I expect a retest of that level in the coming day with the roadmap incoming on the 21st of February and a possible breakout upwards. Next target 8700k. For information only.
BINANCE:AMBBTC Every top since breakout has been to the 1.61 extension level. Retraced a bit then another 1.61. This may be another 1.61 extension, as momentum is just starting. Also RSI dipped a bit and bounced 3 times, all before another bump. Target is the green dot, above 8200 sats. Maybe a bit less if BTC drops.
Have entries at 0.00058009 looking for price to make a pull back but keeping close eye on 0.00064040 where I have a pivot. if this pivot holds I will add more to my position if it breaks, I have the following target areas for entries. Possible entries 1- 0.00064040 ( pivot point) 2- 61.8 fib @0.00062616 3- 78.6 fib@ 0.00060590 4-88.6 fib@...
Volume profile + Guppy + Parabolic EMA + Triangle patterns + Rising floor - Recent PnD attempts = This prediction
Ambrosus is currently in an uptrend after the previous correction. It is resting on the daily 20 MA. Broke through the 0.618 fibonacci level and meeting resistance at the 0.786 one. If it breaks through we can see moon city. Stoch RSI and ADX are both indicating a bullish trend as well.
"Food & Medicine are life-essential products, but because of the way today's global supply chains are run, most of us do not know what we are really getting when we consume food or use medicine. At the Ambrosus project we aim to radically improve the global supply chains by creating a trusted ecosystem where we can reliably record the entire history of products...
This is a short term trade, I expect the first target to be hit within a few hours. The final target depends on wether the breakout occurs. Reasoning: The reason I expect a rise is because of the MA50 crossing the MA200 on the 1hour level. The Stoch RSI is also on a very low level and the green and red line can cross at any moment. It has bounced up several...