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Ardr

Ardor Probability Of ReversalArdor went all the way down to the 5k satoshi level from the 15k satoshi high, losing almost 70% to the Bitcoin in just one month. The support at 7.3k satoshi was broken together with the Gann Fan trendline and price went lower, to test the next support at 5k satoshi. This is a very strong support are, ie 4.5-5k satosi, that is a 227.2% Fibonacci retracement level of the corrective wave up after breaking the uptrend trendline. It also confirmed by the 8/1 Gann Fan trendline. And finally, the 200 Moving Average on a Daily chart, that hasn't proved to be broken as Day has to close below 5k sats. Considering that RSI oscillator showing the oversold market condition it is likely that Ardor is at the bottom of the correction and could start rising from this point. At the same time 5k satoshi support must be watched for a break and close below, it this case Ardor could go lower.
Long
by CryptoPAMM
ARDR Skating On Thin IceARDR is a very good project, which appears to be relatively "cheap" right now, but from a TA perspective I am hesitant to buy any more just yet. We are currently sitting just above long term support and below some fairly heavy resistance. The Ichimoku is giving 3/3 bearish signals on the 1D chart. The RSI is very weak and the Stoch could be much better. Therefore I'm not touching this until everything improves. A good entry looks like the bottom of the middle channel of the pitchfan (around 3300 sats), which you can see has held strong since April 2017. PM me for entries, targets, custom charts, access to my paid Telegram group or my chart analysis course.
Short
by Brisben
Ardor (ARDR) Huge Potential for a Quick TradeWhile Bitcoin fights to get out of its downtrend, we can make some time for a quick trade. Ardor (ARDR) is the coin of choice. We are going to aim for a modest return for this trade and we will do it relatively fast, this will be a short term trade. >>> Ardor (ARDR) Trade Indicators Here we take a look at the signals that support our trade. We normally look at chart formation, candlesticks, the MACD indicator, trend lines and much more. These signals can tell us if a coin is likely to go up or down. ** Let's start with the order book. Looking at Ardor order book on Bittrex, I can see very strong support around the 5500 satoshis level, and not much resistance to go up. Not having huge sell walls on the order book is a good signal for positive upward movement, it means that there are not too many sell orders to break through, so this increases the chances of going up strong once momentum starts to build. ** Looking at the chart above, there are a few things to notice, we will do this quickly, as I expect this to be a short term trade. ** After several weeks of going straight down, Ardor had a break earlier today and we saw a huge jump in price. This jump coincides with the TD indicators count. A new count is starting, we are at candle #1. ** The RSI bounced strong before reaching the oversold levels, and the STOCH and DMI are already trending up. The MACD is curving, but still needs more work. ** The chart is telling that we can have another few positive days. We will use this information to our advantage. This is all based on the daily chart, the chart above is a 4h chart, to better enjoy the action. Let's trade this coin. >>> Instructions Buy-in: 0.000051 - 0.000060 Targets: (1) 0.000064 (2) 0.000068 (3) 0.000073 (4) 0.000080 Stop-loss: 0.0000453 Trade strategy: The goal is to make some quick profits. A short term trade. To have some fun and entertain ourselves while we wait, for the market to be back, for the opportunities that we deserve. So feel free to sell anytime you find yourself in a good spot. >>> Message: Growth What is growth? How can you explain this? Growth is to learn to be free, in every possible way. Growth is accepting your own life, and letting others live theirs. Growth is the understanding, that you get from being alone. Growth is the joy that is appreciated, when you share with the ones you love. Growth can be explained as the feeling of knowing that life is going on. It doesn't matter what really happens, in the end you will always be more. A kiss for you today... With much, much love... Namaste.
Short
by AlanSantana
52
ARDR-BTC Bittrex | Fundamentally sound project, short term bearToday I’m looking at ARDR-BTC on Bittrex . I’ll add some fundamental details soon but I need to get this out there as the market is beating me to the chase xD Analysis: Written two hours ago (for context): There is hidden bearish divergence short-term (15min) with a bear flag formed after a significant price drop, but we are still within a larger triangle pattern as the RSI may have formed a rising wedge (15min) while being overbought at the tail end of that. the 50 MA is a resistance now and the 200MA will act as support for the larger symmetrical triangle pattern (from POV of 15min). More recent: Pulling out to the 1H chart, the 50MA is the bottom of the larger symmetrical triangle and we had a golden cross yesterday at 22:00 UTC-5. That was a pivot point from the 50 MA but as mentioned above, this has formed a bear flag. We have a thin bullish Ichimoku cloud flip on the 1H after the strong edge-to-edge cloud break on the 19th of February. Since then a steady price floor has been established around 0.00005564. That floor was broken on the recent price drop and returned to on the pivot. Now we are testing it again. I would personally wait for the pullback to buy on an oversold RSI bullish cross, but would protect my position in case the symmetrical triangle is broken to the downside. In fact it is breaking to the downside as I write this! Here are some possible Elliott waves which show some more bearishness for the time being and would give us early indications of the beginning of the next Elliott wave Grand Supercycle. The bearish Ichimoku cloud flip supports the bearish case, while the RSI may be pointing us upward, so there are conflicting signals. I’d love to draw from the community to get a better reading on this one. Sell volume has been strong but tapering off over the past several days and we recently had a pretty significant bull day. ARDR is fundamentally a great project, so any technical analysis from quickly become outdated if sentiment changes. — Potential targets: In construction. I need to do some research on the market cap to judge this one, as it’s one of my longer term projects of interest and I think it has nowhere near met its fullest potential. — Follow me on Twitter: twitter.com -- As always, this is not investment advice and is for educational purposes only. All opinions are my own.
by RotiWokeman
Ardor VS Bitcoin- Time To Buy?Ardor reached the high at 15.2k satoshi after a strong rally resulting in a 490% growth against the Bitcoin. But then a strong corrective move followed where Ardor lost 50%. The correction was stopped at the 61.8% Fibonacci retracement level. In addition, this support is confirmed by 161.8% Fibonacci retracement level applied to the corrective wave after the uptrend trendline breakout. And finally the 4/1 Gann Fan trendline has also been rejected, together with the 200 Moving Average. Clearly, there is a massive support at 7.3k satoshi and it is being rejected, suggesting that ARDR/BTC could be ready to continue the uptrend. However, the risk of further decline is always there, and in case support is broken Ardor could drop to 4.4k satoshi support, but at this point, it seems an unlikely scenario.
Long
by CryptoPAMM