First of all i like this chart a lot. Because of
1-) Enormous volume for the last 4 weeks.
2-) RSI is at the bullish side for the first time in all time
3-) Clearly deeped out and recently proved that Bull are in control.
Ambrosus's average price for 1 coin of all time is $0.16. Now it is $0.04. And i think a regaining attempt (at least the average price) is very possible.
According to Wyckoff theory (imo) AMB completed the accumulation phase and got a spring with Huge Volume.
What is next ? getting over the accumulation zone . This is not happened yet. If it happens soon this will be a very explosive one
NOTE: Bitcoin is trying to break 12k level recently so this might cause a little pull back from that level.
1-) Enormous volume for the last 4 weeks.
2-) RSI is at the bullish side for the first time in all time
3-) Clearly deeped out and recently proved that Bull are in control.
Ambrosus's average price for 1 coin of all time is $0.16. Now it is $0.04. And i think a regaining attempt (at least the average price) is very possible.
According to Wyckoff theory (imo) AMB completed the accumulation phase and got a spring with Huge Volume.
What is next ? getting over the accumulation zone . This is not happened yet. If it happens soon this will be a very explosive one
NOTE: Bitcoin is trying to break 12k level recently so this might cause a little pull back from that level.
הערה:
the buy time has came. I am collecting piece by piece from now on.