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.
Ambbullish
AMBBTC formed bullish BAT | A good long opportunityPriceline of Ambrosus / Bictoin cryptocurrency has formed a 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.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000413 to 0.00000408
Sell between: 0.00000425 to 0.00000443
Regards,
Atif Akbar (moon333)
RELATED IDEAS
AMBBTC has hit the support within a pennant|Upto 1035% potentialPriceline of Ambrosus (AMB) / Bitcoin cryptocurrency is moving within a pennant.
Now the price action has hit most recent support at 0.00000259 sats.
The MACD has turned strong bullish.
RSI is already in oversold zone.
Stochastic RSI is showing tendency to give a bull cross soon.
I have set the sell targets using Fibonacci sequence as below:
Sell between: 0.00001342 to 0.00002760
Regards,
Atif Akbar(moon333)
AMBBTC weekly extremely BullishAMBBTC weekly is extremely Bullish.
This is one of the most bullish coin currently in the market with 6 consecutive weekly Green candles.
The most consecutive weekly green candles this coin ever had is 7 ( during the december bull run)
The RSI is looking very healthy.
The moving averages is approaching, hopefully a crossover soon
Aslo Volality could start very soon on this coin as it tend to be very volatile on a uptrend just like December and April.
We could see 40-50% weekly gain on AMBBTC
No trade is guaranteed at 100%.
