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.
0.000075 is forming a strong support. From here I expect another launch towards 0.000095 - 0.00010
Buy around 0.000075
Target: 0.000095
Stop: 0.000065
Good Luck!!!
"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...
Forming a large symmetrical triangle with potential for big gains. I would wait and see if the price can come to support levels, the 15M indicates the price is ovebought so in theory we should come down just a little bit. On the other hand, the 1H shows we're oversold already, but we might jus have some time before the a new 1H candle opens to touch support.
We...
BINANCE:AMBBTC attempting to breakout from resistance at the .00005500 price level. Bollinger Bands are expanding suggesting that this is the current uptrend will continue. I would suggest buying on breakout but early entry is also possible here if support is retested at the .00004500 price level (as long as current support doesn't break)
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Nice coin, that has been recently added to Binance.
It formed several bullish patterns - such as flags - and broke thought resistance levels, forming new supports.
MACD and Stoch RSI are looking good, volume is good too.
I think it is an easy 40% profit coin.
Forming a bullish symmetrical triangle, indicators look good, what else could we want?
Buy in the green zone, set a stop loss in the red zone (5-10% from where you bought in).
Hold til you reached your desired target or wait til the stop loss gets triggered.
