AMB/BTC 4h (Binance Spot) Descending channel breakout
Updated
Ambrosus just broke-out the parallel channel and is preparing for another move-up.
Current Price= 0.00000289
Buy Entry= 0.00000287 - 0.00000273
Take Profit= 0.00000307 | 0.00000326 | 0.00000354
Stop Loss= 0.00000253
Risk/Reward= 1:1 | 1:1.7 | 1:2.74
Expected Profit= +9.64% | +16.43% | +26.43%
Possible Loss= -9.64%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 240h
Current Price= 0.00000289
Buy Entry= 0.00000287 - 0.00000273
Take Profit= 0.00000307 | 0.00000326 | 0.00000354
Stop Loss= 0.00000253
Risk/Reward= 1:1 | 1:1.7 | 1:2.74
Expected Profit= +9.64% | +16.43% | +26.43%
Possible Loss= -9.64%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 240h
Note
This was the original idea:Trade active
First target was missed by 2 sats then went back to channel.Stop wasn't hit, I decided to put it a bit lower at 249 because there is a buy wall at 250 sats.
I'm buying more here, a bit risky but I feel like it will break out again!
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