Ardor
ARDRBTC hitting the channel's support | A good long opportunityPrice action of Ardor / Bitcoin is moving within an up channel and hitting the channel's support.
We has 100 simple moving average support just below the channel support that will push the price back to the channel's resistance.
I have defined the targets using Fibonacci sequence as below:
Sell between: 0.00000607 to 0.00000628
Regards,
Atif Akbar (moon333)
ARDOR Symmetrical Triangle. When breaking up 1 target + 65%A symmetrical triangle is drawn, which, by the way, can be a continuation of a downtrend and thereby confirm the figure of "Downtrend Pennant." But let's not talk about the bad. It is likely that this "Symmetrical" triangle that is drawn is tried up.
The goal is the first resistance to the height of the widest part of the triangle. The target and the percentage resistance are the same.
The first target zone is about + 65%. Very strong resistance zone is 1400-1600 satosh. But it is worth noting that up to this zone + 220-250%. We limit ourselves to this potential. Although this is a pump coin that can go at 500 and 1000%. But remember the phrase: "Greed begets poverty."
Buying zone - entry when the triangle is broken up. It is possible at the first pullback, it is possible at a breakthrough, it depends on who has what kind of trading strategy.
Stop Loss - Below the bottom of the triangle. But as for me, if you are not sure about the movement, it is better not to enter.
The targets for the are sales 900-1200, 1400-1600, Well, for lovers of inadequate goals who always wait and earn nothing - 2100, 2900.
Ardor Gaining Momentum & Going HigherArdor (ARDRBTC) has been moving higher and is now above EMA50 (magenta line). With this level conquered, the next target becomes EMA100 (0.00000721), but with the nature of cryptocurrency being violent and wild, it can easily reach much higher and hit 0.00000798 on the first impulse only to continue higher... That is if the bulls follow up.
For ARDRBTC to move lower it first needs to close daily below EMA10 (0.00000603). The next support levels are marked on the chart with blue dashed arrows.
The bearish scenario is the less likely right now. Ardor is very likely to move higher soon.
Namaste.
ARDRBTC formed a bullish Butterfly |Upto 198% possibilityAfter successful formation of gartley pattern and giving more than 80% profit the priceline of Ardor / Bitcoin cryptocurrency has formed another harmonic bullish butterfly pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000735 to 0.00000476
Sell between: 0.00000936 to 0.00001422
Regards,
Atif Akbar (moon333)
Ardor — Looking For SupportArdor did retrace below the 200MA.
The trading volume of the last few days has increased and we are now looking for support. Pulling back on the 4H we can see the blue line has been both support and resistance. We are touching it now and could turn up from here.
We can also see a trend line forming shown by the orange line. This is a long, slow move and someday we may look back as see this as an accumulation area. For now it is indicating some higher lows and if we touch it and bounce it will establish itself as a stronger trend.
But, as trends go, we are still seeing lower highs and so the bears are still in charge - for now.
This is not trading advice. I have no open trading positions in Ardor - I'm just having fun looking at the TA to support my strong interest in the fundamentals.
Ardor – A Nice Upward Break After a lot of side ways movement, I got the notification that Ardor moved up 5% and had to take a look.
Yesterday we nudged above the 200 MA - the range where we have seen resistance.
Did traders get interested and look for some information only to discover the updated websites and better understand the fundamentals behind the Ardor technology? I don't know, but it's worth asking.
It's hard to find trend lines for the short term, but if we stay above the orange line or the 200 MA the longer term outlook could finally turn bullish.
I don't have any trading positions in Ardor but am fascinated with the technology and just having fun with my observations. This is not trading or investment advice.
Ardor Is Already Moving (Easy 60%+ Profits Potential)Ardor (ARDRBTC) is already moving and printing a high volume bar, the biggest since June.
I am seeing this and other Binance pairs starting to move early Monday morning, with the possibility of high gains later in the day or week... We already have an active trade for this pair, with a buy-in close to the bottom... All that is left is to collect the profits.
You can see the Fib. targets on the chart as well as the magenta lines.
The blue lines at the bottom are for support and/or stop-loss if you are trading. We use manual stop-loss.
This is not financial advice.
Thanks a lot for reading.
Namaste.
Ardor - Which Way?Well, BTC took a dive and altcoins, including Ardor followed the trend.
Since we last looked at the 4H, Ardor fell below the cloud, the 200 MA and is sitting on the support line of the newly formed triangle. I've drawn a new support area where we may go into another phase of accumulation.
This is not trading or investment advice. These are my observations and I'm just having fun!
Ardor - Setting up for AltseasonAltseason? Recent movement on ARDR made charting interesting again. Trends on Ardor are becoming more defined.
We are above the cloud, above the MA50 and MA100 and MA200 - There was a breakout on the triangle and followed soon by a quick rise above the MA200 where I expected resistance.
Strong fundamentals, a growing team, conservative spending during bear season, extensive developer resources on a new website, many internal and third party projects in works and ARDR price action burst thru my last projection.
Altcoin Fundamentals will matter this time. Traders starting to test upward movement with ARDR as it holds on 4H above 200MA. Pull out few weeks to find possible area of support on this step up.
This isn't investment or trading advice. I'm just having fun!
Ardor's failed bottoming processSometimes small caps new tech bottoms can fail.
We can clearly see that Ardor formed a particular bottom with the leg and foot stopping the downtrend (see the previous TA).
But sometimes the bottoming process can fail, when the value goes below the trendling corresponding to the first rounded bottom attempt.
Ardor's value ended up going below the rounded bottom trendline
There is still no Smma golden cross on the daily, which makes Ardor very late compared to other crypto assets, and therefore very risky as there is no visible bottoming pattern.
Ardor Trading At New Lows, Strong Divergence Kicks In!Ardor is trading at new lows and hitting the lowest today compared to May 14th, when most altcoins hit bottom.
Ardor (ARDRBTC) is a huge exception as there aren't many Binance altcoins going for new lows right now, but we might be looking at a bottom here due to the divergence that is building up... Let's take a closer look.
This is the daily chart, closed up:
Notice how the price is going lower, just by a few satoshis...
Now, take a look at the MACD and RSI...
We are looking at really strong divergence.
We have over 180% profits potential from the current price to March '19 peak.
Keep an eye on Ardor, as it might be setting a low here and preparing itself for a breakout soon.
Thanks a lot for reading.
Namaste.
P.S. This is not a piece of trade advice. All of my trades contain buy-in, target, stop-loss, and additional information.
Ardor/Bitcoin (20 May) #ARDR $ARDR #BTC $BTC#BUY
ARDR is showing a strong support range of 920-930 and can push price up from here. And it seems that ARDR is forming a Double Bottom pattern.
Buyzone : the closer to 930-950, the better. Current price is 970
Recommend sell targets : 1170-1320-1550
Stoploss if price is lower than 920
$ARDR Bottom in The current price of Ardor is above the 20 weekly moving average (20WMA).
The 20WMA is pointing upward. This is the 1st time since 22nd Jan 2018 that the price is above the 20MA in an upward average.
This is the 1st sign that the bottom is in. Another sign we need to see is for that 20WMA to cross the 50WMA or the price to close above the 50WMA.
Although I see in the short term a retest of the 20WMA
Jelurida the team behind Ardor has a very long crypto history and a trusted Cryptocurrency up there with Litecoin and Bitcoin
$ARDR Reaching resistance at ~2050sats....$ARDR Reaching resistance at ~2050sats, Key point to know if it will keep trending up or its retrace time....
UCTS buy signal on the 1D (30% up)
Volume seems low...
MACD starting to turn flat & RSI at overbought levels.
Not hodling the ascending trendline is a warning.
#ARDR