ARDRBTC trade ideas
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.
ARDR / BTC Ardor 300%+ Profit PotentialLets keep en eye on Ardor and set your alerts at "crossing below" 4400 sats! There's plenty of time and this coin will accumulate sideways for a while before going onto a new wave cycle.
Entry: 3400-4400
TP 1: 5,700
TP 2: 9,100
TP 3: 12,000
TP 4: 14,000
*This trade idea is just for entertainment, and not intended as financial advice. Use your own judgment when trading.*
ARD/BTC Wavecount and correctionHello, this is my idea on how the wavecount will look. The bottom seems to be set so I've got my buy in set at the last low, my 5th wave is probably off, but I set near a nice round number and I'm hoping for the jump to be that high.
Let me know if you spot something that you think is wrong, I'm quite new.
ARDOR Accumulation StageWell, I'm going in a long position on this one.
Ardor is a great project and totally functional, the big spike was caused by Bittrex opening the market.
We had the pullback from the pump, and we are now in accumulation stage.
We need to maintain the low of the pullback and see if we are going to have lower highs and higher lows pattern and hoping for a big spike when it breaks the higher high.
I feel like Ardor is going to be a big one this year.
DYOR
Ardor $ARDR is the MOST underrated crypto right now!This is not a selfish shill nor is it another bogus attempt at depicting yet one more coin as "the next ethereum." First let's understand what Ardor is, that makes it fundamentally novel from literally everything else out there right now.
Ardor has essentially made token creation as simple as making a Wordpress or Squarespace - no coding required, with a suite of integrated products from NXT's library as well as a plug-in marketplace. Before you roll your eyes at this in the way that you roll your eyes at Wix or Squarespace or Wordpress, thinking that that will just open the door to tons more shitcoins, just think of how many people use Wix, Weebly, Wordpress and Squarespace for that very reason. Think of how many people started creating content and participating in that once mysterious confusing thing called "the internet" back in the early 90s. Think of how the bright shiny colors of the then 'simplistic' iMac in the late 90s attracted people into buying a computer who otherwhise would not have done so. Think of how iOS and it's silly skeuomorphism served the purpose of acclimating our parents and grandparents to the technology.
The trend with new technology fields is that over time as infrastructural elements are created, platforms for user friendly mass adoption are created to move "downstream" - down market to segments which are less technologically adept than the last. Ardor
You can thumb your nose at it, fine. But it's sure as hell going to achieve mass adoption and may even become the most used platform for token creation. At a market cap of 2 billion there is plenty of room for growth, potentially even during and through the next bitcoin pump.
Second, Ardor $ARDR is very new with its network having launched on January 1st, so the market is still just finding out what Ardor is. One reason for it being so undervalued in terms of price.
Lastly, being so new, the major exchanges like Bittrex and Poloniex which have already adopted Ardor for trading (how often do they do that so early in a coin's life?) have been experiencing outages which are still going on as I write this. HitBTC is the main exchange for currently buying $ARDR, so just try and imagine the kind of growth it will achieve once its back up on Bittrex and Poloniex.
Ardor will soon be in the top 20 of valuations, and quite possibly in the top 10 in 2018.
P.S. Also keep a lookout for IGNIS tokens. IGNIS was the first token to launch on Ardor's platform. There was a massive sell of recently from those that received their tokens through the NXT airdrop in December but that seems to be leveling.
ARDOR dropping. When do we buy some more?As most of the market is still going strong. ARDR looks like its doing a retracement after hitting an ATH well over 2$.
With only 1 billion coins that are all in circulation, a solid team (team that built the NXT platform) and coming out of the test system into the live own block chain on the 1st of January, this project will have results to show in 2018.
As for entry levels:
- I am looking for a break of the 0.00012 on the downside, if this is broken I expect the price to go below 0.00010.
- If the market goes in this direction I will start buying between 0.00009 and 0.00006 (green lines in the chart).
I am long on ARDOR since a few months but with the markets cooperation I am looking to increase my position as 2018 is looking amazing for ARDR.
Happy trading.