AMB/BTC (Testing Major Support Area)💎Technical Analysis Summary💎
BINANCE: AMBBTC
-Ambrosus is testing major support area at mid 150s sat
-This zone is a confluence of previous support and resistance
-It is also crucial for AMB, because if this failed
-The next potential strong support is way down to 100-90 sat
-So please, if you are planning to open Buy orders
-Make sure you have a proper stop loss in place
-But if you want to play the breakout style
-Wait for the trendline resistance invalidation
-Upside target is up to 200 sat or higher
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AMBBNB
AMB/BTC (Pullback to .618 Fib Level?)AMB/BTC
-Ambrosus is likely to go down after some bearish rejections at 350 sat range
-The key area that needs to be watching is somewhere around 200 sat zone
-This is a confluence of previous support turned resistance
-Also, the 0.618 Golden Fib level is lying on this zone
-But be careful, always watch for any Bullish signs before opening an order