AMB Technical Analysis in 3-Day Timeframe.
Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
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Now, let’s dive into this chart analysis:
The AMB/USDT pair is currently showing a rebound from the support level. The technical indicators suggest a potential bullish move if the price can break above the 21 EMA at $0.00738.
With the continuation of this rebound, we can expect AMB to test the decreasing resistance trendline at $0.0124.
The lower support at $0.005 remains solid and can also be considered an invalidation point for this rally.
Trade Setup:
- Entry Point: $0.005 to CMP.
- Target: $0.0120 (122.33% gain).
- Stop Loss: If AMB closes below the $0.005 support level, we can consider this chart invalid.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
The AMB/USDT pair is currently showing a rebound from the support level. The technical indicators suggest a potential bullish move if the price can break above the 21 EMA at $0.00738.
With the continuation of this rebound, we can expect AMB to test the decreasing resistance trendline at $0.0124.
The lower support at $0.005 remains solid and can also be considered an invalidation point for this rally.
Trade Setup:
- Entry Point: $0.005 to CMP.
- Target: $0.0120 (122.33% gain).
- Stop Loss: If AMB closes below the $0.005 support level, we can consider this chart invalid.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
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