Long

ARDRBTC Bullish Indicators

Updated

Ardor showing bullish signs on Ichimoku. Bullish: Cloud turned bullish, Tenkan above Kijun. Quasi Bullish: price struggling above cloud. Lagging indicator below cloud but above price.

If it can break the resistance next stop 460-470 sats.

Note

Additionally 8 and 12hr Ichimoku have been bullish for a couple days, which could bring in momentum for longer time frame.

Note

Also see an Adam and Eve here. Gray support bar aligns with 1D Cloud as well.

Note

This analysis is still working out favorably
Adam & Eve still in play
Besides the flash crash, cloud showing support, and bounce of Kijun very bullish.

Note

Seems to be holding up quite well. Very cool to see

Note

Starting to get squezzed out above resistance. Would be cool to see it reach first target by mid March, just a couple weeks or so away.

Note

With lower highs and lower lows could break out the Adam and Eve curve. The they aren't that much lower, and it's been following this curve very well thus far. So will it continue to follow up the curve or break through it?

Note

Really neat to see the price closely follow the Adam & Eve curve. This played out very well, not sure how that actually happens, do buys and sellers know they need to follow the A&E curve?!
So we've meet the A&E level, now should be clear to go to next resistance leve which matches the A&E breakout level

Note

Target 1 complete. Keeping this open until Target 2, 570 is reached.

Note

Now above support/resistance. Chart would indicate clear sailing to Target 2. It's increasing at a rate of 3% per day which is a good slope, not volatile, not uncertain.
All indicators are bullish on Ichi. Technically I dont' see anything indication of a slow down or sell off.

Trade closed: target reached

Second target, 570 sats, reached. This TA is complete. Cloud full on bullish so I may start another analysis for next set of moves.

mtndgz

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.