AMB/BTC 4h (Binance Spot) Descending channel breakout

Ambrosus just broke-out the parallel channel and is preparing for another move-up.

Current Price= 0.00000289
Buy Entry= 0.00000287 - 0.00000273
Take Profit= 0.00000307 | 0.00000326 | 0.00000354
Stop Loss= 0.00000253

Risk/Reward= 1:1 | 1:1.7 | 1:2.74
Expected Profit= +9.64% | +16.43% | +26.43%
Possible Loss= -9.64%

Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 240h

Yorum:

This was the original idea:

İşlem aktif:

First target was missed by 2 sats then went back to channel.
Stop wasn't hit, I decided to put it a bit lower at 249 because there is a buy wall at 250 sats.
I'm buying more here, a bit risky but I feel like it will break out again!