#AMB
The price is moving in the direction of forming a head and shoulders pattern on a 1-hour frame. The price is moving within it and adhering to it to a large extent.
We have a support area in green and
bounced from it at the level of 0.00700.
We have a trend to hold above moving average 100.
We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price is 0.00820
The first target is 0.00936
The second goal is 0.01103
The third goal is 0.01290
The price is moving in the direction of forming a head and shoulders pattern on a 1-hour frame. The price is moving within it and adhering to it to a large extent.
We have a support area in green and
bounced from it at the level of 0.00700.
We have a trend to hold above moving average 100.
We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price is 0.00820
The first target is 0.00936
The second goal is 0.01103
The third goal is 0.01290
Trade active:
The first target is 0.00936 Reached