Ardr
Ardor Trading At New Lows | OversoldArdor (ARDRBTC) just hit a new All-Time Low yesterday after a very strong decline. There are still no reversal signals but a low might be in... Let's take a look.
Look at the light blue squares, we have long-wicks each time the bottom support was hit and a soon after a bullish wave followed.
There is bullish divergence with the MACD and the RSI reached extremely low/weak/oversold.
After a small period of consolidation, 4-9 days, we are likely to see Ardor (ARDRBTC) move higher.
The red dashed line at the bottom can be used as the main support and stop-loss. If prices move below this line the above signals are invalidated.
Thanks a lot for reading.
Namaste.
Ardor channel movement in increments of 40%. Pivot pointsArdor moves in the accumulation channel with a step of 40%. Now the price has hit the trend line of the internal channel. Fixing the price above it gives a high probability of price growth to the upper boundary of the channel, and this is + 25% (white arrow).
If the price cannot be fixed above this trend line, then we will see movement to the bottom of the channel (yellow arrow). Next, see how the channel support will be maintained.
When the price makes a movement of + 25% to the upper border of the channel, you need to be careful. A channel breakthrough (blue arrow) may occur. If the price fixes above the upper trend line of the channel (red line), then there is a high probability of a large price increase. Like this is a pump coin.
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I often trade this coin, and I can clearly see how someone has been gaining a huge position for a very long time.
The points (zones) of the pivot, on which this or that movement of the price of a coin depends, I showed on the graph.
4 different entry options depending on the price movement.
With any movement you can always earn. The most important thing is the correct entry point, as well as having a plastic action plan.
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He also made the trading idea on this coin in September, when they drew a triangle, pierced it upwards by + 18% and this ascending channel began to form.
ARDOR Symmetrical Triangle. When breaking up 1 target + 65%
This is how this triangle looks now on the chart in the ascending channel.
$ARDR bottomed 3 days agoHere is something I missed. ARDR providing a very good bottoming signal which in hindsight playing out beautifully
1. Williams (finding bottoms indicator) signalled
2. The MFI (a leading indicator) signalled while the RSI was oversold.
This happened on the 23rd October
Please see the ardr/ignis ratio. Ardor is very undersold against it's childchain.
ARDOR Symmetrical Triangle. When breaking up 1 target + 65%A symmetrical triangle is drawn, which, by the way, can be a continuation of a downtrend and thereby confirm the figure of "Downtrend Pennant." But let's not talk about the bad. It is likely that this "Symmetrical" triangle that is drawn is tried up.
The goal is the first resistance to the height of the widest part of the triangle. The target and the percentage resistance are the same.
The first target zone is about + 65%. Very strong resistance zone is 1400-1600 satosh. But it is worth noting that up to this zone + 220-250%. We limit ourselves to this potential. Although this is a pump coin that can go at 500 and 1000%. But remember the phrase: "Greed begets poverty."
Buying zone - entry when the triangle is broken up. It is possible at the first pullback, it is possible at a breakthrough, it depends on who has what kind of trading strategy.
Stop Loss - Below the bottom of the triangle. But as for me, if you are not sure about the movement, it is better not to enter.
The targets for the are sales 900-1200, 1400-1600, Well, for lovers of inadequate goals who always wait and earn nothing - 2100, 2900.
LONG - ARDR - Trading OpportunityThe price has been rejected by the Tenkan every time for the past 6-7 months, but it finally managed to break above and consolidate over it on the 12h chart. Looks like a TK cross it's on its way and we could see an edge to edge scenario here.
Entry: 0.000000658
SL: 0.000000617
TP 1: 0.000000744
TP 2: 0.000000785
TP 2: 0.000000906
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Ardor Gaining Momentum & Going HigherArdor (ARDRBTC) has been moving higher and is now above EMA50 (magenta line). With this level conquered, the next target becomes EMA100 (0.00000721), but with the nature of cryptocurrency being violent and wild, it can easily reach much higher and hit 0.00000798 on the first impulse only to continue higher... That is if the bulls follow up.
For ARDRBTC to move lower it first needs to close daily below EMA10 (0.00000603). The next support levels are marked on the chart with blue dashed arrows.
The bearish scenario is the less likely right now. Ardor is very likely to move higher soon.
Namaste.
Ardor – A Nice Upward Break After a lot of side ways movement, I got the notification that Ardor moved up 5% and had to take a look.
Yesterday we nudged above the 200 MA - the range where we have seen resistance.
Did traders get interested and look for some information only to discover the updated websites and better understand the fundamentals behind the Ardor technology? I don't know, but it's worth asking.
It's hard to find trend lines for the short term, but if we stay above the orange line or the 200 MA the longer term outlook could finally turn bullish.
I don't have any trading positions in Ardor but am fascinated with the technology and just having fun with my observations. This is not trading or investment advice.
Ardor Is Already Moving (Easy 60%+ Profits Potential)Ardor (ARDRBTC) is already moving and printing a high volume bar, the biggest since June.
I am seeing this and other Binance pairs starting to move early Monday morning, with the possibility of high gains later in the day or week... We already have an active trade for this pair, with a buy-in close to the bottom... All that is left is to collect the profits.
You can see the Fib. targets on the chart as well as the magenta lines.
The blue lines at the bottom are for support and/or stop-loss if you are trading. We use manual stop-loss.
This is not financial advice.
Thanks a lot for reading.
Namaste.
Ardor - Setting up for AltseasonAltseason? Recent movement on ARDR made charting interesting again. Trends on Ardor are becoming more defined.
We are above the cloud, above the MA50 and MA100 and MA200 - There was a breakout on the triangle and followed soon by a quick rise above the MA200 where I expected resistance.
Strong fundamentals, a growing team, conservative spending during bear season, extensive developer resources on a new website, many internal and third party projects in works and ARDR price action burst thru my last projection.
Altcoin Fundamentals will matter this time. Traders starting to test upward movement with ARDR as it holds on 4H above 200MA. Pull out few weeks to find possible area of support on this step up.
This isn't investment or trading advice. I'm just having fun!
ARDRLooking at the ARDR on the Weekly
Willy stupidly oversold
Histogram creating a potential div
OBV looking nice and healthy
Price trading below value low
Nice notch around the 382
Wicks and tail like to be eaten
Nice W in price forming
At bottom end of entire range and I will be taking a few nibbles
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