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Ambrosus

AMBBTC has hit the support within a pennant|Upto 1035% potentialPriceline of Ambrosus (AMB) / Bitcoin cryptocurrency is moving within a pennant. Now the price action has hit most recent support at 0.00000259 sats. The MACD has turned strong bullish. RSI is already in oversold zone. Stochastic RSI is showing tendency to give a bull cross soon. I have set the sell targets using Fibonacci sequence as below: Sell between: 0.00001342 to 0.00002760 Regards, Atif Akbar(moon333)
ALong
by moon333
AMB is ready for recoveryAlthough ALT season hasn't started yet, but this one looks promising. Finding support on the uptrend (Trapped in a rising widening wedge-Bullish) after breaking a previous resistance (Yellow line). With EMA 50 acting as a resistance, we need volume and confirmation (4h candle closing above EMA 50 and the red line) we can find profit targets according to fib levels. We can spot MACD divergence which is another bullish sign. If we break below 0.0000051 then the signal is going to be invalid. Targets: 1- 0.0000063 2- 0.000007 3- 0.0000075 Best regards
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by araash.zare
[AMBBTC](138%) Ambrosus Trade Setup @alanmastersAmbrosus (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). ------------ 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. ------------ 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.
ALong
by AlanSantana
Finally time to buy AMBI know many people that are very bullish on this project and viewed it as a great buy at nearly 2x this price point. I will leave the FA to them, but from a TA perspective I finally see value in entering here. The r/r is very good at this level and we should see a substantial gain in a few short weeks. Much like the MFT play I posted yesterday, RSI hasn't reached these lows since last August. Just like MFT, we saw a massive run following RSI reset. I will be eyeing the same here.
ALong
by DefineRisk
Ambrosus Hits New All-Time Low (Bullish Divergence, 1400% 2 ATH)We are looking at Ambrosus on the weekly time frame and notice that it just hit a new all-time low recently. So all gains from late 2017 cryptocurrency market bull run have been completely removed. The pertinent question here to ask is the following, how much lower can Ambrosus (AMBBTC) go? The RSI hit 30, which is my weekly oversold limit, and the MACD is showing strong bullish divergence. These are the signals telling us that this bear run for AMBBTC is coming to an end. How much lower can it go? We can't know for sure, but we do know by looking at shorter time frames that early reversal signals are starting to become pronounced. So instead of asking how much lower can it go, we track the chart to see if a bottom forms. If the new all-time low holds, then we are ready to trade this coin. Feel free to hit like to show your support. Namaste.
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by AlanSantana