Long
Ambrosus(AMB-BTC) Is Trying to Breakout the Triangle.Risky Trade
$BINANCE: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)
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)
Note
We still have not reached the point to open this trade.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.