AMBUSDT.4HThis chart depicts the 4-hour price movement of Ambrosus (AMB) against Tether (USDT), with various technical analysis tools applied:
Ichimoku Cloud: The price is currently below the Ichimoku cloud, suggesting a bearish trend. The cloud acts as a dynamic resistance zone.
Resistance Levels (R1, R2): The chart shows resistance levels at 0.0153 USDT (R1) and 0.01747 USDT (R2). These levels could pose challenges for the price if it attempts to rally.
Support Levels (S1, S2): Support is established at 0.01181 USDT (S1) and a lower support at 0.00960 USDT (S2). These areas may offer potential bounce points if the price continues to decline.
MACD (Moving Average Convergence Divergence): The MACD line is very close to the signal line, suggesting a lack of strong momentum in either direction.
RSI (Relative Strength Index): The RSI is hovering around 46, indicating neither overbought nor oversold conditions, suggesting the potential for movement in either direction.
Given the bearish signal from the Ichimoku Cloud and the lack of momentum indicated by the MACD, I would watch for a potential retest of the cloud from below. If the price fails to break through the cloud, it could indicate a continuation of the downtrend. The RSI being neutral suggests some indecision in the market. Therefore, I would be cautious about entering long positions unless there's a clear bullish reversal signal, potentially supported by increased volume. In case of further decline, I’d look at S1 and S2 as key areas to observe for possible entries, always keeping in mind to set stop losses to manage risks. The evolving market conditions should be monitored closely, along with any news or events that might affect AMB's price.
AMBUSDT
#AMBUSDT Long#AMB
The price reached the support level at the lower border of the ascending triangle
The price is expected to bounce up again and break the pattern upward
Current price is 0.00694
The first target is 0.00809
The second goal is 0.00930
The third goal is 0.01040
The fourth goal is 0.01227
AMB/USDT Rejected on the supply, Could AMB breakout the area?💎 AMB has recently demonstrated significant market dynamics. After encountering rejection upon reaching the Bearish OB area, AMB retraced back to the demand area in preparation for a potential breakout.
💎 If AMB successfully breaks out above the Bearish OB area, it could indicate a continuation of the upward movement, with the probability for the price to reach our target area.
💎 However, if AMB fails to break out shortly, there is a possibility of the price returning to the demand area.
💎 The situation worsens if AMB breaks down below the demand area, as this would signal a shift back to a downward trajectory. In such a scenario, the price may decline further towards the support area or even lower levels.
AMB LOOKS BULLISHBefore anything, pay attention to the time frame, the time frame is big and time consuming.
Also note that this is a low volume and almost risky currency.
With the wave counter we had on AMB, we noticed that AMB is finishing the big C wave of a triangle or diametric/symmetrical.
By maintaining the green range, it can move towards supply.
The targets are listed on the chart.
Closing a weekly candle below the green range will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
AMB Unrated? Or Undervalued? 🤔AMB, the beauty that be.
Recently received $500k from DWF Labs to grow their ecosystem.
MarketCap is ~ LSE:22MM as of this post, which is tiny.
If a tiny project like this is getting investment, the future is green. Paired with the 4hr momentum shift (to positive) and the bounce off of the lower descending wedge trendline... I feel that we are in for quite the ride upwards.
We have set three TP levels to be captured over the next few weeks, as seen in our chart notes.
Stay Happy
AMB / AMBUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
AMBUSDT (AirDAO) Shows Promise with ABC Pattern⚪AMBUSDT is revealing clear indications of an uptrend, marked by higher highs and higher lows. Notably, recent price action appears to mirror an ABC corrective pattern, drawing on the Elliott Wave theory. The reassuring bounce off the 161.8% Fibonacci support level that took place a few days ago is a positive sign.
⚪However, our attention should also gravitate towards the most recent high where price encountered resistance at the uptrend trendline. All things considered, the odds seem to favor the continuation of this uptrend, provided the price maintains its position above the key demand zone. For the bullish scenario to hold, it's crucial that daily closing prices stay above the latest Fibonacci support.
⚪Concerning resistance levels, our focus is on Fibonacci retracement markers, particularly the 38.2%, 61.8%, and 78.6%. Should the price experience a slight dip, it could present a compelling risk-reward proposition, potentially leading us to open a long position. In the event such an opportunity arises, we'll promptly share the AMBUSDT trade setup in our channel. Stay tuned! 🚀📈
AMB Broke uptrend trendlineAMB UPDATE: AMB broke down 4hrs uptrend and currently looking to retest 4hrs OB…. Tho, is good to take a swing short from current market price but I’m waiting for 4hrs bearish OB to be mitigated……
Always learn to manage your risk ⚠️
Follow for more market update
Don't miss this great buying opportunity --- ACT NOWThis is the potential outcome if the five-year downtrend is breached.
Chart Patterns: triple bottoms, bullish engulfing patterns.
Support and Resistance Levels: The price found buying interest.
Moving Averages: 50-day moving average crossing above the 100-day moving average.
Relative Strength Index (RSI): A rising RSI from oversold levels (potential uptrend).
Volume Analysis: increasing volume.
Confirmation: Trend reversal on multiple indicators.
Good luck
AMB AMBUSDT AirDao Long Opportunity Sep 29Signal: Red -> Green
Context: Green
Momentum is strong
Risk-Reward: 2.99
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities
Are you one of those holding a amb coins?The market cap is currently $10 million, I can tell from the price pattern that money is starting to flow out. binance has put certain coins in the innovation area where they are monitored due to their low market cap and to monitor the safety of the users who buy. Some of them were recently removed from the list because they died.
I don't know exactly what will happen to the crossbow coin, but I do know that I don't want to buy it
Maybe sometime later when amb coin is not delisted and the price pattern is good
AIRDAO correction to the downside ❌🧨Hello 🐋
based on the chart, we can see explosive and new volume for the price and break out of the descending channel and red trend line to the upside 📖💡
for
first target definitely we expect more correction to the downside and retest of the support area ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
✴️ AirDAO Prepares For Another Bullish Wave (270%+ Potential)As the entire Cryptocurrency market continues to heat up, more and more pairs are breaking bullish.
We continue sharing opportunities based on technical analysis and the next one that stands out is AMBUSDT (AirDAO).
Don't get me wrong, there are many, many options but we can only share a tiny few of those.
We have a clear higher low here with indicators that entered the bearish zone during the March correction and are turning green.
Knowing what we know... We have high chances for additional growth.
270% is the target for the next high on this chart.
It can be more it can be less but the bias is up.
Namaste.
AMB : BREAKOUT TIMING Previously, we shared a trend chart of the AMB coin that indicated a potential increase, and we did confirm that the trend has indeed increased. We expect that the coin has the potential to break out for several reasons, and we will closely monitor its progress in the short term.
One significant target for AMB is a 150% increase to reach the 0.07 trend level. However, given the current market conditions, we understand that a breakout may not occur immediately. Therefore, we will also track the coin's long-term performance if it does not break out in the short term.
Additionally, the AMB coin has demonstrated impressive stability, making it an interesting asset to follow. We will continue to analyze it coming time.