TradingOn

$AMB/BTC 1D (Binance Spot) Big falling wegde breakout

Long
TradingOn Updated   
BINANCE:AMBBTC   AirDAO / Bitcoin
Ambrosus has broken out of that wedge and is accumulating, time to grab a bag!

Current Price= 0.00000088
Buy Entry= 0.00000088 - 0.00000076
Take Profit= 0.00000130 | 0.00000188 | 0.00000230
Stop Loss= 0.00000051

Risk/Reward= 1:1.55 | 1:3.42 | 1:5.65
Expected Profit= +58.54% | +129.27% | +180.49%
Possible Loss= -37.80%

Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 months
Trade active:
All entries filled

Ambrosus is still sitting on 100EMA support, I expect it to bounce anytime now 🙏🏼

Comment:
Bounced as expected

Ambrosus finally made a move up (+35% so far) and looks ready to push higher now!

Trade closed: target reached:
TP1 reached with +58.54% (1x) and +1.55R

Ambrosus pumped nicely, taking some profit here and SL moved to 2nd entry (76 sats).

Trade closed: target reached:
TP2 reached with +129.27% (1x) and +3.42R

Ambrosus lifted off and almost hit last target, missed by only 1 sat!
I guess it's not done yet, so let's be optimistic and move it up to 0.00000251₿ instead.

Trade closed: target reached:
TP3 reached with +206.10% (1x) and +5.45R

Ambrosus made it to last target (the updated one), that was a pretty accurate move!


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