ARDRUSDT trade ideas
ARDRYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
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Crypto|ARDR/USDT|LongLong ARDR/USDT
Being in the support zone, trying to gain a foothold in this zone.
The General trend of the market to growth (at the moment it is strongly expressed in BTC , I expect in the near future the redistribution of funds from BTC throughout the crypto market).
The take level is taken from the usual fibo marking at between the level of 0,5 and 0,618-the orange zone.
The stop loss is indicated by the red zone below the support zone.
There is also a slight discrepancy in the RSI and the chart (Screenshot attached).
Opportunity?We can see that we are in a very strong bullish trend, we are retesting which can take us to a new high.
Possibility of possible purchase
If we do a very deep regression of this graph we can see that it can be a very good opportunity to do a by 2 or 3
As long as it does not break the line everything will be fine we see that at the moment it respects it very well which could be a buying area although it is advisable to accumulate a little and put an SL below the trend line
Blessings to all
A hot new DEFI coin ARDR In a rising channel. ARDR has been in this rising channel for awhile now and has been respecting the boundaries over all. It has been printing higher highs and higher lows . After this recent dip it still performed well with regards to respecting the rising channel and kept its higher low intact. Although a Rising channel at some point is Bearish, I believe that if BTC stays stable at current prices, ADAR will rebound to the top of the channel making an easy trade with a chance of breaking bullish.. It all depends on BTC remaining stable.