Ardor breaking the downtrendCoin of the day is Ardor.
Ardor is a Blockchain-as-a-Service (BaaS) Platform that will allow users to create their child chains with specific settings for asset issuance.
It was developed as an evolution of the NXT blockchain and likely offers many advantages over its predecessor, both in functionality and in scalability.
From the technical view, ARDRBTC was in a deep recession since the start of the 2018 year.
As with the major new blockchain and crypto technologies, interest in them falls when the main cryptocurrency is going through a crisis.
The fall went deep below the allowable for maintaining global uptrend bias levels but stopped on the 0.00003 support. The rebound from this level has already broken the Bearish Trend Line resistance, which could mean the beginning of next bullish cycle. For the investors, this price looks attractive regarding the potential peak.
Newly formed uptrend established a Bullish Trend Line support if the coin will hold above this level and break the 0.00004 resistance that would be a solid Buy signal.
Ardor
#ARDR ARDOR making a recovery?Orginally bought this at 10k and sold at 20k, and it's been on a downward spiral ever since.
I believe it has bottomed out and will be reaching for some new FIB levels.
This will require some volume, watch closely.
I'm not a fianancial adivsor just a guy making observations.
Watchlist Update 28 | BTC, ARDR, BNB | BTC short term bear flagGood evening everyone, in this video I talk about BTC, BNB, and ARDR.
BTC is in a bearish zone right now, I would be expecting a break of this bear flag to the downside and a break of 8000 would not have much resistance to stop panic dump, which would be a killer buying opportunity. Even in today’s market, with the system I use there are reasons to stay glued to the screen! If BTC continues to consolidate and breaks up to form a higher low, we may start to see bulls return to reverse BTC again.
BNB-BTC Binance | This one caught my eye because it was soaring today in good news about Binance Chain. As of this writing I’d say entering would be a bit risky but your stop loss is clearly at the top of all those bull fractals. I expect a 50% retracement, but it’s all in the charts.
ARDR-BTC Bittrex | This one was up 10% today, I highlighted it specifically because I’ve found that setting alerts on the trendiness drawn at the end of the bull fractals for entry points has been a great strategy so far. It’s not in a zone where a break in either direction of the fractals most recently manifested would be a good strategy.
That’s all for today. Roti out!
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This has been for educational purposes only and is not intended as financial advice.
ARDOR-BTCSmall Recap: Ardor
- Entry point: 1 @ 2580-3000 2 @3000-3250
- Profit levels: shortterm @ 3730-4100-4700-5100-5700 mid-term @ 6000- 8350-11800
- Stop: @ 2500
- Rebuy: @ anything below that
- Time:
Summary:
Ardor is entering an interesting zone to look for a position. It had a steep increase in December and January followed by the familiar crypto retrace to the bottom. We are nearing the demand-zone of this coin. The demand-zone is fairly strong and allows for trading. Based on the fundamentals of this project you could already say its a good coin to have, certainly adding it in this zone. We have small signs of reversal. But some patience is needed before this trade will shine. Nonetheless, we want to pay attention and look for the possible perfect entry. Which could lead to a 100% profit level? The first strong supply zone is around 6000 sats 0.50% level. Goodluck
Ardor: Keep it simple, the only way is up!Another very solid project: Ardor! Ardor is a project of Jelurida, who have been around since 2013! Ardor is an evolution of the Nxt software that addresses issues of blockchain bloat, scalability and versatility (a huge problem on ethereum, remeber the Crypto Kitties). Ardor is being designed as a complete ecosystem where multiple players can interact with each other without needing to go outside the platform.
Ardor priceaction is very straigthforward: higher highs, higher lows: the definition of an uptrend! Ardor went live on january 1. 2018, we saw a major bullrun while approaching this date, then there was some fud due to the fact that Bittrex closed trading for quite a few days, having internal problems connecting to the new blockchain. Ardor ended up allmost fully retracing the bullrun and hit longtime support a few days ago. The fact that this higher bottem in price led to a lower bottem in the RSI-indicator (hidden bullish divergence) is the icing on the cake!! Look for a new bullrun towards at least the green target box.
ARDOR vs. Bitcoin, Buy low, Sell high! [100% profit expected]Hi traders!
Altcoins season come so be prepared!
Ardor showing Ending Diagonal at left screen, this is reversal signal.
At the moment price reached accumulation levels, there is reach support zone, so buy any levels below 3500 price zone.
Mid term targets:
4300
5200
Long term targets:
5800
6100
7900
Get your profits done, use capital management. Good luck!
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.
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.
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.
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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.
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Follow me on Twitter: twitter.com
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As always, this is not investment advice and is for educational purposes only. All opinions are my own.
NXT BTC looking really good. Ignis Snapshot coming!With the Ignis snapshot coming around the corner, a lot of whales have already bought in and it's getting harder to catch any dips. People in it now are here to stay until after the snapshot is over, then it's every man for himself. I'm personally going to try and sell off 80% of my Ignis and NXT as close to a top as possible, then buy part of it back up at a lower price.
www.nxter.org
hitbtc.com
I'd really like to hear from everyone how they intend to best capitalize on this event, given the potential for volatile price action.
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.
ARDOR | 300% potential profitArdor has ended the retracement wave 4, It can take some time but it is on its road to $3+
Ardor has been underground lately since the launch of the mainnet but once people will notice the potential of this project it will rise in price.