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AMBUSD

AMBUSD could be a potential opportunityThis altcoin AMB have regained for the first time the 200 DMA in June 2020 after a pretty impressive downtrend. Actually price is retesting the 200 DMA, and this retest seems successful. Until the price is ABOVE the 200 DMA, is bullish. Also VOLUMES seems confirming a "round accumulation pattern", even if we must be careful when watching the volumes on crypto exchanges, because sometimes they use certain techniques to create fake volumes which can sometimes lead to traps. If things start go wrong, and we see the price losing the green curved line, we should start to be concerned, and if this coin would go below the actual minimum, it is better to exit, because that would mean a delisting or something similar. By the way, at the moment the setup is great! Do you know any interesting fundamental info regarding this coin Ambrosus? If yes, feel free to leave a comment.
ALong
by themaster5
3
AMB About To Explode 300% EasyAmbrosus is a blockchain-based ecosystem built for the industrial management of sensing devices, supply chains, and smart cities. Open-sourced for the world of developers, Ambrosus aims to pioneer secure, transparent, and integral data management across industries of the global economy. By combining blockchain with the internet of things (IoT) the Ambrosus Ecosystem offers entrepreneurs, industries, and businesses a framework to manage and share data in a secure and efficient manner. As a fast-growing blockchain ecosystem, Ambrosus has been recognized as a 'Rising Star' by EIT. Ambrosus is the Founding Member of “International Association for Trusted Blockchain Applications” (INATBA), launched by the European Commission, and a partner to the United Nations 10YPF Sustainable Food Systems. A native blockchain of Ambrosus, AMB-Net is built on top of Parity Aura and utilizes Proof of Authority with staking.
ALong
by blabdali
AMB/USD SpeculationThe AMB/USD chart cancels out a lot of noise from the AMB/BTC chart. Downtrend broken and turned into an uptrend that needs to hold these next couple of weeks to stay valid. An inverse head and shoulders looks as though it is forming: It has a clear neckline (blue horizontal) and assuming the uptrend/diagonal support holds here that would be the first target. The second target is calculated by the price disparity between the low of the head (in this case the lowest point priced in on the chart) and the neckline, then adding that difference to the neckline. The Kumo cloud has been green these last couple months which is the first time in AMB's 1W history. The Tenkan and Kijun have crossed bullish, however they are still not above the Kumo cloud so they aren't as strongly bullish as they can be just yet. The Lagging Span is still below the Kumo Cloud which is bearish. The massive volume is notable. By the looks of things, the chart may contain just enough bullish biases for the swing trader to have suitable conviction to make a play here depending on risk tolerance. For the long term hodler, entry point as an investment could play out quite profitably for one who is looking to take a risky bet on one of the lowest Market Cap coins on Binance. This assumes that the product proves legitimate, the negotiations with IBM/Maersk and others stay true and the team keeps working hard.
ALong
by Hrempe
AMB/BTC (Testing Major Support Area)💎Technical Analysis Summary💎 BINANCE: AMBBTC -Ambrosus is testing major support area at mid 150s sat -This zone is a confluence of previous support and resistance -It is also crucial for AMB, because if this failed -The next potential strong support is way down to 100-90 sat -So please, if you are planning to open Buy orders -Make sure you have a proper stop loss in place -But if you want to play the breakout style -Wait for the trendline resistance invalidation -Upside target is up to 200 sat or higher `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
A
by PolarHusk
10
AMB/BTC (Fib .618 Bounce or New Higher Low?)AMB/BTC -the price has retraced to .618 Fib support area -a bullish bonce reaction happened today -this area of support is a confluence of multiple factors -the 20MA, upward trendline plus the golden Fib .618 -I'm not saying the price will reverse back to the recent top -this is only a good area for possible Higher Low trade entry -provided this level will hold for the next 2-3 days of trading -bearish scenario, if the green support line is broken with a red engulfing candle
A
by PolarHusk
1