Long

[AMBBTC](138%) Ambrosus Trade Setup @alanmasters

Updated
Ambrosus (AMBBTC) can easily produce an impulse breakout to the upside and generate some nice gains quickly.

Take a look at the last three candles, marked yellow on the chart, if the bulls follow up there can be a massive breakout.

On a different scenario, if not enough momentum can be garnered, then you can expect a little retrace followed by the move to the upside... Still, this is a good set up here so... Let's trade.

(Note: On a negative outcome, we have a stop-loss as protection).

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Trade: Ambrosus (AMBBTC)

BUY: 0.00000600 - 0.00000665

NEXT SUPPORT: 0.00000500

TARGET:

(1) 0.00000689
(2) 0.00000860
(3) 0.00000980
(4) 0.00001130
(5) 0.00001300
(6) 0.00001500

STOP: Close weekly below 0.00000400.
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Feel free to hit like to show your support.

This is Alan Masters.

Namaste.

P.S. This is not financial advice.
All information is shared for learning and entertainment purposes only.
Trade active
TARGET:

(1) 0.00000689 -Reached 23-May (+15%)
(*) 0.00000750 -Reached 23-May (+25%)
(2) 0.00000860 -Next target
(4) 0.00001130
(5) 0.00001300
(6) 0.00001500

Enjoy the profits.
Trade active
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