AMBBTC wants the breakout after the price created the Adam&Eve Pattern. The price is testing the 4h resistance, the previous neckline. When the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly...
Hi every one
AMB/BTC as been decreasing a lot lately. but there is still a chance for bullish events! as you can see the price has formed a falling wedge which is a bullish pattern! also there is a hidden bullish divergence on MACD as well which strengthen our prediction.If you pay attention to the MACD you can see that the MACD line is about to cross the...
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...
this 2 yellow line will break easy and soon if we take a look at weekly chart .
so what happening after that :
targets will be gap.
for example after 500 sat. until next resistance there is huge gap.
this possibility is not far from the mind due to the good condition of the weekly chart!
I want to be as optimistic about this as I was about a few months ago....
Ambrosus (AMB) is looking to flip resistance into support. Looking like they can't wait one more second to take off.
Chance it is going to move over the weekend or by early next week!
🔘 5% of Portfolio
Potential RLZ range:
🔘 L: 144
🔘 H: 160
🔘 ~ 130
Potential reversal zone (PRZ):
🔘 L: 1699
🔘 H: 3159
🔘Target 1 - 215 (10%...
The AMBBTC chart has a hidden divergence with respect to the MACD indicator, as shown in the chart. In addition, it moves above an ascending trend line and reacted to its 200 daily MA.
Hence, it is a good area to get a long position.
The target points are indicated in the charts.
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.