AMBUSDT (AirDAO) Shows Promise with ABC Pattern⚪AMBUSDT is revealing clear indications of an uptrend, marked by higher highs and higher lows. Notably, recent price action appears to mirror an ABC corrective pattern, drawing on the Elliott Wave theory. The reassuring bounce off the 161.8% Fibonacci support level that took place a few days ago is a positive sign.
⚪However, our attention should also gravitate towards the most recent high where price encountered resistance at the uptrend trendline. All things considered, the odds seem to favor the continuation of this uptrend, provided the price maintains its position above the key demand zone. For the bullish scenario to hold, it's crucial that daily closing prices stay above the latest Fibonacci support.
⚪Concerning resistance levels, our focus is on Fibonacci retracement markers, particularly the 38.2%, 61.8%, and 78.6%. Should the price experience a slight dip, it could present a compelling risk-reward proposition, potentially leading us to open a long position. In the event such an opportunity arises, we'll promptly share the AMBUSDT trade setup in our channel. Stay tuned! 🚀📈
AMBUSDT
Don't miss this great buying opportunity --- ACT NOWThis is the potential outcome if the five-year downtrend is breached.
Chart Patterns: triple bottoms, bullish engulfing patterns.
Support and Resistance Levels: The price found buying interest.
Moving Averages: 50-day moving average crossing above the 100-day moving average.
Relative Strength Index (RSI): A rising RSI from oversold levels (potential uptrend).
Volume Analysis: increasing volume.
Confirmation: Trend reversal on multiple indicators.
Good luck
AMB AMBUSDT AirDao Long Opportunity Sep 29Signal: Red -> Green
Context: Green
Momentum is strong
Risk-Reward: 2.99
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities
Are you one of those holding a amb coins?The market cap is currently $10 million, I can tell from the price pattern that money is starting to flow out. binance has put certain coins in the innovation area where they are monitored due to their low market cap and to monitor the safety of the users who buy. Some of them were recently removed from the list because they died.
I don't know exactly what will happen to the crossbow coin, but I do know that I don't want to buy it
Maybe sometime later when amb coin is not delisted and the price pattern is good
AIRDAO correction to the downside ❌🧨Hello 🐋
based on the chart, we can see explosive and new volume for the price and break out of the descending channel and red trend line to the upside 📖💡
for
first target definitely we expect more correction to the downside and retest of the support area ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
✴️ AirDAO Prepares For Another Bullish Wave (270%+ Potential)As the entire Cryptocurrency market continues to heat up, more and more pairs are breaking bullish.
We continue sharing opportunities based on technical analysis and the next one that stands out is AMBUSDT (AirDAO).
Don't get me wrong, there are many, many options but we can only share a tiny few of those.
We have a clear higher low here with indicators that entered the bearish zone during the March correction and are turning green.
Knowing what we know... We have high chances for additional growth.
270% is the target for the next high on this chart.
It can be more it can be less but the bias is up.
Namaste.
AMB : BREAKOUT TIMING Previously, we shared a trend chart of the AMB coin that indicated a potential increase, and we did confirm that the trend has indeed increased. We expect that the coin has the potential to break out for several reasons, and we will closely monitor its progress in the short term.
One significant target for AMB is a 150% increase to reach the 0.07 trend level. However, given the current market conditions, we understand that a breakout may not occur immediately. Therefore, we will also track the coin's long-term performance if it does not break out in the short term.
Additionally, the AMB coin has demonstrated impressive stability, making it an interesting asset to follow. We will continue to analyze it coming time.
AMB broke resistance lineGoals are green, resistance is orange, support is red... waiting for next btc move
aMB - AirDao trading idea v3 bullish divergenceBullish divergence on 4h. 0.11$ support. first goal 0.15$. possible 0.2$ short term. Price has grown a little in past hour so be careful buying atm. advising DCA
aMB - AirDao trading idea v2Things should get very interesting if we breach green dotted line. Immediate red Bottom line should hold ($0.012) if Bitcoin doesn't dump again. else ... Could SNM epic x90+ gain happen with AMB too? Probably not. But 100% is very possible, if Bitcoin continues to hold the ground and not dump again. trade safely
AMB CAN PUMP FROM MY AREABefore anything, I would like to announce that you should announce the stop and capital management, especially since today we have important news that may cause a lot of fluctuations.
From the green area, it is prone to pumping and upward movements. If this infrastructure is maintained, it can make interesting moves.
$AMB - Ambrosus, a crypto mega moonshot in the making?$AMB - Ambrosus, undervalued? Long term diamond, 30X potential???
AMBUSD could be a potential opportunityThis altcoin AMB have regained for the first time the 200 DMA in June 2020 after a pretty impressive downtrend.
Actually price is retesting the 200 DMA, and this retest seems successful. Until the price is ABOVE the 200 DMA, is bullish.
Also VOLUMES seems confirming a "round accumulation pattern", even if we must be careful when watching the volumes on crypto exchanges, because sometimes they use certain techniques to create fake volumes which can sometimes lead to traps.
If things start go wrong, and we see the price losing the green curved line, we should start to be concerned, and if this coin would go below the actual minimum, it is better to exit, because that would mean a delisting or something similar.
By the way, at the moment the setup is great!
Do you know any interesting fundamental info regarding this coin Ambrosus?
If yes, feel free to leave a comment.