Long
AMBBTC 120% Possible profit target
AMBBTC seems promising if played out right as planed. If BTC does not get dumped, AMBBTC can take advantage of its current bullish trend.
AMBBTC Broke out its long downward trend and form a nice double bottom. If it finds support at 2550sat, with decent volume, it has the opportunity to pop out to 0.382 fiblevel from its ALL TIME HIGH. This is just to be conservative, but it could retrace all way up to .618 fiblevel.
No trade is guarantee. So I have the SL at the double bottom.
The market is still bearish, but it seems like it wants the make a "U" turn
AMBBTC Broke out its long downward trend and form a nice double bottom. If it finds support at 2550sat, with decent volume, it has the opportunity to pop out to 0.382 fiblevel from its ALL TIME HIGH. This is just to be conservative, but it could retrace all way up to .618 fiblevel.
No trade is guarantee. So I have the SL at the double bottom.
The market is still bearish, but it seems like it wants the make a "U" turn
Trade active
Approaching target 2530-2550Trade active
A better weekly view on AMBBTCTrade active
25-30% profit coming soon after retest of 2800 zoneTrade active
AMBBTC still looking good on the weekly chart. It is setting up for a breakout of at least 30-40% profits
Next target is 4000sat
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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.