ARDR / BTCThis is my price analysis for ardor. Im expecting that it will bounce here on the horizontal support line. Targets are marked on the chart
Ardor
Ardor at the bottom. Is it worth taking?Coin of the day is Ardor.
One of the useful things to do during the stagnating markets – look for the bottoming patterns, a possibility to buy the bottom at low prices with high potential. Again, while the crypto community is concerned with the cost of bitcoin, we could concentrate on companies which are not aiming to become new era money, but rather bring new technologies in future. One of such spheres is Blockchain-as-a-Service projects, sounds fair that soon a lot more companies will use blockchain technologies and will not build it from the scratch.
One of such projects, which seems like be drawing a bottoming pattern recently, is Ardor.
Ardor is a Blockchain-as-a-Service (BaaS) Platform 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.
One of the reasons, why Ardor still looks attractive, despite bearish pattern on the chart is because of the business-to-business approach. BaaS could get a significant support if their technology will be used successfully by big companies.
Latest news
2 June – Dominium group is planning to launch its blockchain on Ardor.
“Blockchain based platform, Dominium, will allow global users to invest in property from just €1 and to launch a regulated property fund without a lawyer.
The Dominium property platform will allow users to list, trade, finance and manage property assets utilizing a suite of tools, with all activities safely recorded on the blockchain. Business tools will include full Client Relations Management, project management, and maintenance systems.”
Technicals
After March-April uptrend, which stopped under the 100-days EMA, not able to break through it, the coin went down. Having reached psychologically significant level 0.00003 level, which almost coincides with Global Bullish Trend Line at this point in time, the price started to draw a turnaround pattern. The price seems to be low enough for investors to buy-in and start a new growth cycle, to test 100-days EMA once again. A breakthrough above Bearish Trend Line will be a confirmation sign of the beginning of reversal pattern, the next goals, in this case, will be 0.000035 level and 0.00004. From the below – dive below the Global Bullish Trend Line will cancel a turnaround pattern.
ARDR another chance to accumulateFollow this project intimately. Working release, growing team. innovative, nxt 2.0 platform with unique child chain technology. very active dev, great community. One of the best long term platform coins in the market. Fill your bags if it drops below 3k, could see all the way down to 2650, but its risky. A new ICO on the platform begins early June (triffic) and more childchains will come on board in the future. short term bearish, LONG term extremely bullish.
satoshi wise, new ATH will be reached without a doubt.
$$ value will suffer through btc bear market.
although, there is a childchain EURO gateway
and murmers of other fiat pairings in the future
BTFD on this one. should be in every well diversified altcoin portfolio
Ardor (ARDR) Turning Bullish (280% Profits Potential)We had an Ardor (ARDR) trade in the past that didn't work out, we got kicked out because we hit our stop loss. The market was bearish and we forced the hand. But now we are finally bouncing from bottom, we will reach the top this time.
Ardor (ARDR) Trade Analysis by Alan Masters
#### CHARTS, SIGNALS & INDICATORS
Daily chart indicators and signals:
- Ardor (ARDR) is turning bullish.
- Strong positive divergence on the MACD.
- Broken trend line. Trending up now.
- Now trading above the SMA20 & 50 lines as well as crossover of SMA20 and 50. Both bullish signals.
- The indicators are starting to turn bullish on the weekly chart as well, and they all allow for plenty of room for growth.
- Now, let's go and trade this coin.
#### TRADE INSTRUCTIONS
Buy-in: 0.00003400 - 0.00004100
Ardor (ARDR) Targets:
MID
(1) 0.00004620
(2) 0.00005320
LONG
(1) 0.00005841
(2) 0.00007630
(3) 0.00010521
(4) 0.00012579
(5) 0.00015200
(6) 0.00022771
Stop loss: 0.00002949
#### Message: Here We Go Again
Here we go, to the rest of the test.
Ready I am for more once again.
What is it, that inspires you, to continue everyday?
It is all about the feeling, LOVE, wakes me up again and again.
Are you ready for the journey?
HERE WE GO AGAIN!
Namaste.
Ardr Good Support Zone - Potential ProfitsArdr Good Support Zone - Potential Profits
You can buy from : 3450-3650
Short term Potential Targets
Target 1 : 3850
Target 2 : 4010
Medium term Potential Targets
Target 1 : 5200
Target 2 : 7420
Long term Potential Targets
Target 1 : 8950
Target 2 : 11000
Good Luck
AR(e)DR you kidding me? ARDR/BTC accumulation is startingARDR has just entered my buy zone and is surrounded by a strong support from 0.000027 to 0.000033.
Ichimoku clouds are starting to look thinner and thinner on a 4h chart and that gives us little bit of hope that the bleeding might finally be over. It is looking extremely oversold on each of the time frames and in my opinion, the time for accumulation is starting. Weak hands that have been holding since all time high are starting to panic, but the smart money is starting to enter the market and is starting to buy
The good thing about this coin is that it is fundamentally very good and it just gives me even more hope about the next cycle that is about to begin.
Recent volume spikes are showing me how whales are slowly acumulating it and are recognizing this pattern aswell.
My plan is to (just with XCP/BTC chart) slowly start placing buy orders in this area, accumulate and wait for the market condition to get better.
Now, when everyone is panicing, is the time to start buying.
Patience is the key.
Targets
0.00004
0.00005
0.000061
0.000081
0.000100
0.000130
Ardor Hidden Double BottomArdor found the support at $0.27 where it formed a double bottom. Although it seems the support has been broken, there was no clear break below on the daily chart.
If ARDR/USD will not go lower than $0.24 it is very likely that the price will hit the resistance at $0.53 in the short to medium term.
Break and close below the $0.24 low should invalidate bullish outlook, extend the consolidation or send Ardor even lower.
Ardor/USD. One to watchArdor/BTC and Ardor/USD charts are very similar. ARDUSD came to a strong all time dynamic support level and probably wants to consolidation on that area. Will see.