AMBCrypto_TA

AMBCrypto_TA Updated 

Lido’s pullback is headed to previous support and H12 bullish OB at $1.50 and could provide buying opportunities. A bullish reversal and successful hit on $1.6 could present a 6.5% profit. Entry: $1.50 Take-profit: $1.60 Exit: $1.47 RR: 3

AMBCrypto_TA Updated 

Shiba Inu sank to the low at $0.00000673 on Thursday but has seen a small positive reaction. Data from Hyblock showed Liq CVD was massively bearish, meaning a move upward to liquidate bears would cause a lot of pain and allow a lot of liquidity to be captured before the next true move downward. This bounce is what traders can look to an intraday trade on. Entry:...

AMBCrypto_TA Updated 

Bitcoin has a bullish structure on both the daily and the 4-hour chart. The retracement to $27.2k collected liquidity and the bulls have since driven prices to $27.6k. The H4 bullish breaker block at $27.2k was respected as support so far. Given the daily structure, a consolidation around the FWB:27K region over the weekend before another leg higher was...

AMBCrypto_TA Updated 

Stellar Lumens has traded within a range from $0.111 to $0.1334 since 17 August. The past few days saw the OBV dwindling to show reduced buying pressure, which suggested XLM might not be able to defend the range lows. Yet, it represented a good risk-to-reward buying opportunity for aggressive buyers Entry- $0.111 (retest of support in the event of a BTC dip...

AMBCrypto_TA Updated 

AAVE has reclaimed a previously invalidated daily bullish order block of $66.45 - $70.70 (red) and a support zone in July. The move could present extra gains to bulls if it’s defended. Entry: $69 Take-profit: $75 Exit: $66.15 RR: 2 A drop below the July support will invalidate the bullish bias.

AMBCrypto_TA

After the LTC halving the coin has been in a strong downtrend. The previous bounce on 29 August saw the FVG partially filled. Fib extension levels showed the $60.31 and $43.4 levels are the next downward targets that Litecoin could reach in the coming months Entry: $70.7 (mid-June low) Take-profit: $56 (17 August low but LTC could drop much lower) Stop-loss:...

AMBCrypto_TA Updated 

PEPE hit a crucial roadblock, a breaker block of $0.00000136 - $0.00000155, red. With a weak BTC below the $29.5k range-low, a price reversal could be likely at the above roadblock, offering a shorting opportunity. Entry: $0.00000140 Take-profit: $0.00000120 Exit: $0.00000150 RR: 2 However, the H4 market structure was bullish, and a BTC cross above $29.5k...

AMBCrypto_TA

ETH fell below the lows of a month-long range. The bullish breakout and the move to $2000 appeared to signal bullish intent but saw a wild bout of selling that dragged Ethereum back into the range. Could the same thing happen if ETH falls to $1800? It was possible. However, based on the evidence at hand the more likely scenario was that ETH would continue to fall...

AMBCrypto_TA Updated 

Price action faced rejection at the bearish order block (OB) on H12, which aligns with the June high. Price edged lower towards a key ascending trendline support and could for new buying opportunities if the support holds. Entry - $0.07899 Target - $0.08259 Exit - $0.07800 RR - 3.46

AMBCrypto_TA

BTC has traded within the $29.7k-$31.5k range for almost a month now. Until the range is broken, traders can look to long the lows and short the highs. The RSI formed a hidden bearish divergence with the price as it made a higher high while the price made a lower high within the past two days, suggesting a continuation southward was likely. The OBV also favored...

AMBCrypto_TA Updated 

XRP’s HTF was bearish and could set a pullback retest on the key price zone of $0.407 - $0.434. The zone was key resistance in late November/ early Q1 2023 but was flipped to support in Q2 2023. If the zone doesn’t crack, a positive price reaction could offer a long opportunity, targeting the bearish OB and a recent lower high of $0.527. Entry: $0.434 Target:...

AMBCrypto_TA Updated 

On the 1-day timeframe, a bearish divergence between price and RSI was developing. On the 4-hour chart a range formation was witnessed. Sentiment remained bullish in the market on the news of refiling of Bitcoin ETF applications from BlackRock and Fidelity. This could see FOMO from buyers if BTC breaks out past the 31K area, and a reversal here could gather a...

AMBCrypto_TA Updated 

The H4 market structure was bearish, with the blue line highlighting the bearish MSB. However, the previous move upward that shifted the trend bullish was used to plot a set of Fibonacci retracement levels. They showed the 50% retracement level at $17.06- a level that was tested a few hours earlier. It offered a good R:R opportunity to long, with invalidation...

AMBCrypto_TA Updated 

The H4 imbalance (white shaded box) was filled and the structure of ETH on the 4-hour remained bearish. The OBV saw a bounce but did not trend upward. The Fibonacci retracement levels plotted for the move down to $1630 last week showed that the $1716 and $1740 are important resistances. Entry: $1716 Stop-loss: $1753 (a move above $1740 and $1750 will signal...

AMBCrypto_TA Updated 

PEPE is still in a downtrend despite the 6 June sharp rally - chalking an overall descending channel. The range high has been a key obstacle. A likely price rejection at the range high could set PEPE to retreat to the mid-range or lower range, especially if BTC falters at $26.6k. Entry: $0.00000119 Target: $0.00000100 Exit: $0.00000126 RR: 2.7

AMBCrypto_TA Updated 

The recent selling pressure forced XRP prices below $0.5 on Tuesday. However, the trend remained bullish on the daily timeframe. The structure was flipped bearish on the H4 due to the dip below $0.5, but it only showed a change in character and not structure. Therefore using the 50% Fib retracement tool, an H1 session close below $0.517 and retest of the same...

AMBCrypto_TA Updated 

The move below the higher low at $0.0752 on 1 June was a liquidity hunt since this break of structure (formation of lower low) was not followed by a lower high and another lower low. Instead, prices pushed past the previous local highs at $0.08 Fibonacci retracement levels showed the 78.6% retracement at $0.0765 was retested as support and TRX bounced higher....

AMBCrypto_TA Updated 

MATIC faced price rejection at $0.95, setting it to retrace near the range low. In the second half of May, the price reacted to the $0.86 - $0.88 zone (cyan). This level could offer a long opportunity, targeting $0.95. Entry: $0.882 Exit: $0.950 SL: $0.863 RR: 3.7