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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. Hit that 👍 button to show support for the content! Help the community grow by giving us a follow 🐣 ----- 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. ----- 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 ✨ Drop a comment asking for an update, we do NEW setups every day! ✨
by AlphaBotSystem
3
ARDR/BTC Ideal accumulation channel Step 44% Work on a coin.I have been trading this instrument from time to time for several years. Pump coin. Fairly good volatility and predictability of movement. At the moment, we have a horizontal accumulation channel of 44%, with a step of about + 60% from the lowest point. Entrance and first target. A very good entry point is now being planned. In the case of fixing the price in this zone and confirmation of support, upward movement can be realized to start as last time from these price values ​​of about + 60%. From a safer entry point + 44%. Who has more aggressive trading and who uses Stop Loss in their trading system, you can now enter the market. Stop Loss with channel support. Stop loss Set Stop Loss value with calculation of your trading strategy and money management. Stop Loss percentage should be adequate. What matters is not the Stop Loss value itself, but the entry point and your system of work. The previous trading idea for this coin was published on December 27. ARDR Channel. Reversal zones. Risk / Profit 1: 5 Profit + 60%
by SpartaBTC