Ardr
NXT VISION FOR NEXT WEEK / STRONG FUNDAMENT / 28.12. / AIRDROP /HERE IS MY CHART FOR NXT for next week !
We can easily reach previous $BTC ATH it's returning cycle.
WITH STRONG FUNDAMENT HOW IS AIRDROP NO PROBLEM
Ardor Trading IdeaIf we look at the daily chart of Ardor, we can see that the market is at the support zone. Price bounced from 0.000030 support level and diverged with RSI. We have a reversal signal based on a bullish divergence.
We can open long trades above 0.000029 level with stop orders below 0.000027 support level.
Nxt bull market until Ignis airdrop on Dec. 25thNxt showing strong signs of a bullish reversal before the Ignis airdrop on Dec. 25th.
As you can see from the chart, Nxt has a strong history of bullish price action leading up to airdrops.
Ignis is the first child chain for the Ardr platform. Between 12/25 - 12/28, Nxt holders will receive .5 Ignis for every Nxt they hold.
ARDR BTC Daily and 4hr chart 18th Nov 2017Quick TA on ARDR
we got some fundamental news with NXT/IGNIS, ARDR looking to be a strong player into 2018
there is a strong support shown by the red line and the Gann fan
looks like a triangle forming on the 4hour chart and expect to play within this before breaking out
Back to acumulation zoneNow you may have another good oportunity to get some ARDR at good price before next month launch of the main net. Personally i think ardr is a project with a team with reliable trackrecord, an interestng product and lack or poor PR strategy. All of this is good as we are at firsts steps of crytpo and first steps of ARDR. You can find more information at www.ardorplatform.org never do things blindly.
About the chart: MACD suggest more downside movement and the horizontal support has proven to be strong (trend line is probably useless). I've been acumulating on bounces on the strong horizontal support and it's been working fine so long.
You can see here ARDR/USD
Some kind of triangle or ascending triangle with support building and accumulation taking place that suggests a big move at the end of the year (when mainnet will launch)
ARDR buying opportunityOn the technical side, reasons for entries are included in the charts and its basically self explanation if you would like to consider taking time reading it.
Fundamentals: Good developers(who are developers of other coins)
Real good business solutions
Huge funding from Ignis ICO
And FINALLY DYOR
We can consider, if all things well for ARDR to hold it for the long term until mid november and beyond.
*Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies and crypto currencies can be risky and potentially profitable opportunity for investors. However, before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.