Strap in for $ARDOR!Hi friends! Welcome to Poop's Wyckoff Analysis on $ARDR.
This is for $ARDR fans!
ARDR had been accumulating on a continuous weakness trading range for about 10 months now.
-There was a bullish divergence, which covered September to November.
-A strong buy signal appeared in December.
-There is a strong resistance at 3K and 4K sats level
-This shit is about to break away from falling wedge.
-Resistance line of the wedge maybe retested upon breakout.
-It will be very bullish for $Ardor to break above 8K :)
That's it friends, I looking forward for your comments on this .
This is just a guide, not a trading advise.
Hit like and follow for more chart updates!
Thanks
-Your Wyckoff Poop Trader
Ardor
[ARDRBTC](960% PP) Ardor Solid Trade Ardor Overview
Ardor is a blockchain-as-a-service-platform that evolved from the time-tested Nxt blockchain. It launched on January 1, 2018 after a successful year on testnet. The unique parent-child chain architecture of Ardor, with a single security chain and multiple transactional chains, offers three advantages: reducing blockchain bloat, providing multiple transactional tokens, and hosting ready-to-use interconnected blockchains called child chains.
"Ardor is a blockchain platform, that can be powered by the sun. It is a platform where businesses can setup their own chains without any need to code or secure it themselves. Ardor has a built in exchange between other chains on the platform, to easily exchange your token with others including fiat pegged ones like AEUR. Ardor offers Lightweight Smart Contracts that don't require the whole network for each dApp. Smart Transactions make features like a Deadman switch easy to implement. Fully developed features like built-in Voting, Messaging, Marketplace, Basic Cloud Storage and more."
Ardor Trade Instructions by Alan Masters
Buy in: 0.0000163 - 0.00000171
Targets for ARDRBTC:
(1) 0.0000185
(2) 0.0000210
(3) 0.0000246
(4) 0.0000284
(5) 0.0000310
(6) 0.0000360
(7) 0.0000414
(8) 0.0000487
(9) 0.0000582
More targets on chart.
Stop loss: Close weekly candle below 0.0000142
Capital allocation: <10%.
TRADE TO WIN AGAIN
Win over and over I want to win more and more.
Winning is music to my ears, heart and soul.
Win over and over, winning means the game.
It doesn't matter the challenge, trade to win again.
Namaste.
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[ARDRBTC] Ardor Solid Trade [960% PP]Ardor Overview
Ardor is a blockchain-as-a-service-platform that evolved from the time-tested Nxt blockchain. It launched on January 1, 2018 after a successful year on testnet. The unique parent-child chain architecture of Ardor, with a single security chain and multiple transactional chains, offers three advantages: reducing blockchain bloat, providing multiple transactional tokens, and hosting ready-to-use interconnected blockchains called child chains.
"Ardor is a blockchain platform, that can be powered by the sun. It is a platform where businesses can setup their own chains without any need to code or secure it themselves. Ardor has a built in exchange between other chains on the platform, to easily exchange your token with others including fiat pegged ones like AEUR. Ardor offers Lightweight Smart Contracts that don't require the whole network for each dApp. Smart Transactions make features like a Deadman switch easy to implement. Fully developed features like built-in Voting, Messaging, Marketplace, Basic Cloud Storage and more."
Ardor Trade Analysis
Daily chart, long term:
Ardor (ARDRBTC) hit bottom on the 12th September but prices retraced way more than simply a 2017 low. ARDRBTC prices retraced all the way back to late 2016... All gains have been removed and a new bottom is being formed.
The MACD has been in an uptrend since February.
RSI has been creating higher lows since June.
This token has never had a run on Binance yet retraced all the way back into 2016... This can generate massive gains once it starts to go up.
Ardor Trade Instructions by Alan Masters
Buy in: 0.0000163 - 0.00000171
(Avg. 0.0000167)
Next support: 0.00001511
Targets for ARDRBTC:
(1) 0.0000185
(2) 0.0000210
(3) 0.0000246
(4) 0.0000284
(5) 0.0000310
(6) 0.0000360
(7) 0.0000414
(8) 0.0000487
(9) 0.0000582
More targets on chart.
Stop loss: Close weekly candle below 0.0000142
Capital allocation: <10%.
TRADE TO WIN AGAIN
Win over and over I want to win more and more.
Winning is music to my ears, heart and soul.
Win over and over, winning means the game.
It doesn't matter the challenge, trade to win again.
Namaste.
ARDR/BTC potential in 1000% increaseHello everyone.
We all know that markets are cyclical, my principle of trading is simple - buy support - sell resistance - all that is between them is a husk for me.
if you have patience, you will reach your goal, it may take several months. So - our main resistance in the region of 18000 sat.
ITS NOT financial advice!
A trading opportunity to buy in ARDRBTCTechnical analysis:
. ARDOR/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001700 to 0.00001430). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001700)
Ending of entry zone (0.00001430)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00002120
TP2= @ 0.00002330
TP3= @ 0.00002640
TP4= @ 0.00003010
TP5= @ 0.00003300
TP6= @ 0.00003740
TP7= @ 0.00004600
TP8= @ 0.00006000
TP9= @ 0.00009000
TP10= @ 0.00012345
TP11= Free
A trading opportunity to buy in ARDRBTCTechnical analysis:
. ARDOR/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001700 to 0.00001430). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001700)
Ending of entry zone (0.00001430)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00002120
TP2= @ 0.00002330
TP3= @ 0.00002640
TP4= @ 0.00003010
TP5= @ 0.00003300
TP6= @ 0.00003740
TP7= @ 0.00004600
TP8= @ 0.00006000
TP9= @ 0.00009000
TP10= @ 0.00012345
TP11= Free
Ardor VS Bitcoin Downside TargetOn the 30th of July, Ardor broke below the 327.2% Fibonacci support that is 2140 satoshis. Price went down and hit the 1906 satoshis low. On a small corrective wave up, ARDR/BTC has rejected previous support that this time acted as the resistance.
It seems that the downtrend continuation might continue and price could reach next Fibonacci retracement level at 427.2%, that is 1575 satoshis. Although first, current low must be broken.
On the upside, if Ardor will hold 1900 satoshis level, price might correct up, towards either 2400 or 3400 satoshis levels. As the confirmation of a stronger correction, break above and then rejection of the 2140 level is required.
Ardor VS Bitcoin Reached The SupportToday Ardor hit the 2143 satoshis, that is 327.2% Fibonacci retracement level applied to the corrective wave up, after the ascending channel breakout. The support has been rejected cleanly, after which price went up, but rejected the downtrend trendline.
It is a very interesting timing for the Ardor, because today's' low could be the very bottom of the downtrend, or very near it. But as of yet, there are no confirmation of that, therefore it would be reasonable to at least wait for the downtrend trendline breakout.
Daily break and close above the 2422 satoshis resistance should be the first confirmation that ARDR/BTC is planning to move higher. On the other hand, daily break and close below the recent low might result in a consolidation, spike down or even the downtrend continuation.
Binance throws Ardor upCoin of the day is Ardor
Ardor showed a significant grow after Binance listing. Such a huge rise after a listing is not unexpected, but still higher than expected, and probably could be affiliated to extremely low prices of the coin.
Recap: Ardor is a Blockchain-as-a-Service (BaaS) Platform owned by Barcelona-headquartered Jelurida that will allow businesses to create their own "child chains" based on the main maternal Ardor chain and take full advantage of the block-chain technology.
It was developed as an evolution of the NXT blockchain and likely offers many advantages over its predecessor, both in functionality and in scalability.
Ardor claims to reduce blockchain bloat and provide multiple transactional tokens. Jelurida plans additional child chains to be launched on the Ardor mainnet in the third quarter of this year, as well as lightweight contracts runner add-on.
Latest news
18 July - Binance Listing. “Binance will open trading for ARDR/BNB, ARDR/BTC and ARDR/ETH trading pairs at 2018/07/18 11:00 AM (UTC). Users can now start depositing ARDR in preparation for trading.”
Technicals
Almost 50% leap saves the coin from more than a Yearly low (the last time when ARDRBTC traded so low was at 2017.04). Will such big jump give the coin enough momentum to rise higher and maybe went into the more positive state than it was before only the time will show? For now, we can state, that ARDBTC broke above Global Bullish Trend Line, which brings the coin back into a gradually growing state, 0.00003 level, and 100-days EMA was also overcome. If the price manages to hold on above 100-days EMA – the pattern could be evaluated as bullish and target the price to the next resistance at 0.0004. 0.0003 level should stay strong to support any bullish possibilities, dive back below 0.00003 will destroy all newly-formed interest in the coin.