Ardor (ARDR) formed bullish Cypher for upto 19% pumpHi dear friends, hope you are well and welcome to the new trade setup of Ardor (ARDR) coin with US Dollar pair.
Previously we had a nice trade of ARDR:
Now on a 4-hr time frame, ARDR has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Ardorbitcoin
#ARDR/BTC (June 09)ARDR is still stuck below 550sts but I think it will not take us too long time anymore.
In next 3 days, it will hit 600-650sts easily and I think in July, it will be back to 900sts again
We should accumulate it in the range of 450-500sts
But if it drops below 450sts, that would be a dangerous sign
ARDRBTC hitting the channel's support | A good long opportunityPrice action of Ardor / Bitcoin is moving within an up channel and hitting the channel's support.
We has 100 simple moving average support just below the channel support that will push the price back to the channel's resistance.
I have defined the targets using Fibonacci sequence as below:
Sell between: 0.00000607 to 0.00000628
Regards,
Atif Akbar (moon333)
ARDRBTC formed a bullish Butterfly |Upto 198% possibilityAfter successful formation of gartley pattern and giving more than 80% profit the priceline of Ardor / Bitcoin cryptocurrency has formed another harmonic bullish butterfly pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000735 to 0.00000476
Sell between: 0.00000936 to 0.00001422
Regards,
Atif Akbar (moon333)
A trading opportunity to buy in ARDRBTCTechnical analysis:
. ARDOR/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00001700 to 0.00001430). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00001700)
Ending of entry zone (0.00001430)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00002120
TP2= @ 0.00002330
TP3= @ 0.00002640
TP4= @ 0.00003010
TP5= @ 0.00003300
TP6= @ 0.00003740
TP7= @ 0.00004600
TP8= @ 0.00006000
TP9= @ 0.00009000
TP10= @ 0.00012345
TP11= Free