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[AMBBTC](138%) Ambrosus Trade Setup @alanmasters

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Ambrosus (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).

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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.
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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.
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TARGET:

(1) 0.00000689 -Reached 23-May (+15%)
(*) 0.00000750 -Reached 23-May (+25%)
(2) 0.00000860 -Next target
(4) 0.00001130
(5) 0.00001300
(6) 0.00001500

Enjoy the profits.
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alanmastersAMBAMBBTCambrosusBeyond Technical AnalysisbinanceBitcoin (Cryptocurrency)bitmexbittrexBTCUSDTechnical IndicatorsTrend Analysis

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