Ambrosus signaling clear bullish divergence and accumulation

27 дек. 2020 г.

AMB/BTC has been on a downtrend ever since the last altcoin pump cycle. In addition, the recent Christmas Bitcoin pump has caused it to break down from the historical support of ~72 sats.
However, the OBV shows massive accumulation ever since the last pump (~500 million to 1.8 Billion). The RSI(currently oversold) and MACD are both heading towards the bullish side while price is going lower.
Now with Bitcoin taking a pause from its pump, it may be give the alts some upside.

Fundamentals:
This is well funded project. They raised around $30 million from their ICO, so the marketcap right now (~$5 million) has a higher reward/risk ratio.
crunchbase.com/organization/ambrosus

Price targets:
150 sats
220 sats
280 sats
350 sats

Note:
This is not financial advise. Please do your own research.

25 янв. 2021 г.

Сделка активна

Reversal taking place.

31 янв. 2021 г.

Сделка активна

75 sats resistance flipped. Large volume being bought now.