AMB/BTC Bullish!
AMB has baseline support and a double bottom reversal pattern. Target for this coin up to 224-275 sats and we have
a bull break confirmation but needs to hold a trend line support area at 185 sats region.
AMBBTC
AMB Daily chart analysis 155%+ potentialAMB is now gaining momentum! Prices are now challenging MA 50 and looking ready for a strong bullish move.
Lets take look at the Chart
Strong bullish divergence can be spotted with the RSI.
Prices moving above EMA 13-21.
Double Bottom formation.
Resistance was broken.
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AMB / BTC | Big Breakout and TargetsAmbrosus just broke downtrend and Falling Wedge, looking to enter in teal color area or near it. Target on the levels.
[AMBBTC](911%) Ambrosus PREMIUM TradeAmbrosus (AMB) Overview
What is Ambrosus
Ambrosus is a blockchain-powered IoT network for food and pharmaceutical enterprises, enabling secure and frictionless dialogue between sensors, distributed ledgers and databases to optimise supply chain visibility and quality assurance.
OUR MISSION
Set the global standard for decentralized supply chain management
Provide quality assurance in enterprise IoT ecosystems.
Ambrosus (AMBBTC) Chart Signals
Let's take a look at the chart for Ambrosus on Binance:
We are looking at late March '19 until this date.
We can notice strong price divergence with the MACD and RSI. This is marked with a purple arrow; notice the price moving lower while the indicator moves higher.
RSI Hit oversold and showing a strong bounce.
MACD Bullish crossover.
Trading above EMA10.
Altcoins market changing from bearish to bullish.
Let's proceed with the trade details...
Ambrosus (AMBBTC) Full Trade by Alan Masters
Buy-in: 0.00000160 - 0.00000180
Next support: 0.00000130 - 0.00000145
Targets:
(0) 0.00000217 |Hit 21-Sept. (+24%)
(1) 0.00000232 |Hit 22-Sept. (+33%)
(2) 0.00000288 |Hit 5-Oct. (+64%)
(3) 0.00000375 |Hit 8-Oct. (+114%)
(4) 0.00000444 |Hit 8-Oct. (+154%)
(5) 0.00000525 |Hit 8-Oct. (+200%)
(*) 0.00000533 |Hit 13-Oct. (+204%)
(6) 0.00000670
(7) 0.00000760
(8) 0.00000910
(9) 0.00001150
(10) 0.00001530
(11) 0.00001770
Profits potential: 911%
(Buy-in calculated at 0.00000175)
Stop-loss: Close weekly below 0.00000120.
Capital allocation: <10%.
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AMBBTC formed BAT | Upto 144% bullish move expectedPriceline of Ambrosus (AMB) with Bitcoin pair has formed bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the move of price action to see how perfect this pattern is driven:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below:
Buy between: 0.00000227 to 0.00000188 sats
Sell between: 0.00000320 to 0.00000459 sats
So mid term trade has potential to give upto 144% bullish move.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not an investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
AMB/BTC - The right place to buyAmbrosus has been slowly bleeding down after the massive 250% it did in early October. After three months, it's now in an area where I'm interested in taking a position. If we break down from here, this coin may tank into oblivion. Good risk/reward.
My reasoning:
Location: Trading between the 0.786 and 0.886 fibs
Structure: Inverse head and shoulders forming (incomplete on 1D). Double bottom off the 0.886 fib level.
Divergence: Confirmed bullish div in histogram
Volume: Bears exhausted, bulls slowly stepping in. 1D obv trading above 13EMA.
VPVR: Gap above ~30% from current price.
Safe traders can look to enter upon a breakout/pullback of the inverse H/S. Aggressive traders can look to get in at current prices.
4hr:
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$AMB higher low w/ increasing volume. MACD bull$AMB higher low w/ increasing volume. MACD bull cross. TP1: 300, TP2: 470
$AMB, Something to track over the following hours/days...$AMB
Something to track over the following hours/days...
Falling wedge with increasing volume as UCTS indicator turning green(buy) across all LTF charts..
As entry we can aim for a ~213 support level Or a potential R/S flip of ~260sats if happens...
Wait for it!
#AMB
AMB-BTC Trade IdeaAMB is forming triangle pattern
AMB seems to be bouncing off EMA 89 on daily chart
SBS indicator signaled BUY on daily chart. Waiting for candle to close
RSI bounced of the trade line
BUY now or wait for daily candle to close with SBS indicator BUY signal
Targets and SL are on the chart
Ambrosus(AMB-BTC) Is Trying to Breakout the Triangle.Risky TradeBINANCE:AMBBTC is struggling since May 2019. It can breakout the triangle anytime.
Please wait until price hits and Daily Candle Closes above Point A (Triangle Breakout Point) then place your orders near support. Point B is a potential pull back zone.
All Major Indicators are currently Neutral and signaling move into Bullish territory that's why we need to wait for confirmation by Point A.
Support:Thick Green Line.
Targets: *red Lines on chart
TP1: 380
TP2:535
TP3:680(Risky if Conquered Consider 810 as next target)
AMBBTC Potential BullishAMBBTC is in a good place to go long and make your first target is EMA200.
What do you think??
AMB/BTC (Update) | Falling Wedge ..!!AMB/BTC (Update)
Forming Falling Wedge Pattern in Daily TF Chart..(Bullish Pattern)
Volume is Getting Down since October ,That Means Correction time is Almost Over..
Major Indicators Are Also Turning Bullish So Expecting Breakout Soon.
According to Volume Profile, AMBBTC Facing An important Resistance & In Case of Breakout, Target will be 400+..
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The information given is never financial advice. Always do your own research.
LONG AMBBullish price action in AMB, currently consolidating in a acumulative range, break above and we will revisit higher prices, main zone and objetive is at 140 sats.