Ardrusdt
ARDR/BTC (Retest/Flip New Support?)ARDR/BTC
-after the breakout of resistance at 600 sat range
-the price has retraced back to the previous resistance
-this is a good chance to flip this zone into new support
-if that happens, this coin will explode up to 1k sat
-aggressive buyers are waiting for bullish signs to enter a trade
-ideal stoploss is below 6H 200MA
ARDOR TETHER (ARDR)⚠️Why You'll Never Succeed at Ardor Bears💬 Oddly enough the Austrian government is testing out Ardor (ARDR) technology. That is bullish for ARDR, if only in that it shows adoption is real and happening on some level. Adoption is great, but what is notable is the current price action where ARDRUSDT has broken away from its current range. Let's take a look at some levels to see if Ardor can find support and then keep running.
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Support:
S1: The S1 S/R flip is the main price pivot point in play atm for this pair. These bulls have a better shot if they can avoid testing this level too much and instead move straight up past the current price range. If we do see a break below S1, the bulls will want to watch the current range closely in case it acts as resistance. Below S1 there is additional support, but the bullish structure that compelled us to do this chart will be broken.
Resistance:
The previous range highs could see a reaction on the way up, but the idea here is actually to retest this level as support before going off on a nice run as illustrated by the upper ABC pattern on the chart. An entry of a retest of this level is an ideal entry for the bulls.
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Summary:
ARDRUSDT has a lot of promise, what the bulls need now is an impulsive move that finds support before pushing higher. While a retest of that major price pivot point could work, the risk of breaking back down into the previous range is high. That doesn't spell the end for ARDR, but it would be a bad look price structure-wise.
Resources:
finance.yahoo.com
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ARDR/BTC (Pattern Breakout?)ARDR/BTC
-our trade for this coin is now up over 10%
-there are multiple possible entries using our Cross Ultimate indicator
-if this candle closes green today and BTC remains stable
-it will likely continue higher and may hit the resistance #1-#2
-if the price pullback to retest old resistance
-that is a good re-entry zone
$ARDR Chart is Tempting for Whales! Pump Soon!ARDOR is part of Jelurida family. Which is known as pump and dump chart and seems lovely at the moment. Remember when it was IGNIS Airdrop towards NXT, the coin is pumped so hard. ARDR is quite good to enter right now which currently holding a great R:R to have profitable trade in month or two. Trade safe!
ARDR Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
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