#AMB
The price is moving in the direction of forming a head and shoulders pattern on a 1-hour frame. The price is moving within it and adhering to it to a large extent.
We have a support area in green and
bounced from it at the level of 0.00700.
We have a trend to hold above moving average 100.
We have a downtrend on the RSI indicator that supports the rise...
AMB/USDT is currently exhibiting a symmetrical triangle pattern, indicating a potential breakout in the near future. If the breakout is successful, a strong bullish rally could be anticipated. Please note that this is not financial advice, and it is always recommended to wait for confirmation and conduct your own research (DYOR) before making any trading decisions.
💎 AMB has recently demonstrated significant market dynamics. After encountering rejection upon reaching the Bearish OB area, AMB retraced back to the demand area in preparation for a potential breakout.
💎 If AMB successfully breaks out above the Bearish OB area, it could indicate a continuation of the upward movement, with the probability for the price to reach...
AMBUSDT Technical analysis update
AMB price breaks above resistance after a 350-day consolidation period.
Buy zone : Below $0.0148
Stop loss : $0.0110
Regards
Hexa
