ARDRBTC
ARDRBTC : Double Bottom With Rejection candlestick.ARDRBTC : Double Bottom With Rejection candlestick.
Buy ARDRBTC : 504 Satoshi
1st Target : 605 Satoshi
2st Target : 716 Satoshi
Stop Loss : 445 satoshi
Mid Term Trade
Note : This is Only for Risk Taker.
There is 11% and 40% Reward.
Note: This is only for Educational Purpose this is not Investment advice.
Thanks
Adil Khan.
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.
ARDR Channel. Reversal zones. Risk / Profit 1: 5ARDR price moves for a long time in lateral movement in the channel 50%. The price has approached the bottom of the channel, it may still fall to the local minimum of the channel at 470. This is an important zone highlighted in red. If the price breaks through this zone and fixes under it (channel support), then a new good entry point will have to wait a long time.
It is also worth noting that the coin is very volatile and easy to shoot Stop Loss. There is a high probability that this will happen before the price reversal.
TARGET and ENTRANCE
1) From the bottom of the channel. Trading in the channel. Growth potential + 40-50%
2) Entrance to the breakout or pullback after the breakthrough of the channel resistance. The upside to the first resistance is + 25%. It is worth noting that this is a pump coin and with a trend reversal, growth can be hundreds of percent. What has been repeatedly.
Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
ARDR reversalARDR has consolidated with higher lows since August and after bearish divergence at top of the channel the price has broken down to a new higher low with a bullish divergence at the end of a bullish bat pattern ( point A is slightly higher than point C on many exchanges, where the bearish divergence confirmed a fake breakout of the channel on December 1st.)
$ARDR weekly Bollinger Bands Stochastic RSI against $btcIt is very hard to look at indicators outside the top 5ish Coins on the market. But lets just have a look here
Most Coins are very undervalued and great buying for a macro trend Investment.
Ardor right now is very very tight in the bollinger bands and could have a massive price increase before Christmas
If you look at the bands on the daily time frame it is more prominent and this is the type of buying I was doing during NXT, XRP PRIOR RUN IN 2017.
The stochRSI is abit concerning, but we had a 500% increase, 200% increase and back in june this year a 50% increase still while at these levels. If however we do drop and hold 500sats than IMO Ardor is looking strong here.
These are based on my opinion and how I read the charts
ARDR/BTC (Up To 60% Profit)ARDR/BTC
Market structure is now in a healthy uptrend after the price broke above down-line resistance with a bullish candle.
Bulls are in control as long as we can keep the price moving above 50 MA and 100 Day MA.
I'll be looking for a pullback to enter a Long position.
Highlighted in the chart is the initial support or buy area.
Trade setup
Buy area: 662 Sats - 620 Sats
Sell target: 700 Sats - 999 Sats
Stop loss: 559 Sats
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.
A look at where #Ardor is. Ive been keeping a close eye on Ardor lately along with the Altcoin dominance market and here is my unbiased take on it.
According to this weekly chart we saw a new ATL on the week of August 5th and the Bottom Finder was also peaked that week too. Since than we had a higher low in the price.
RSI had double bottomed week of July 15th/August 5th and has moved on up since then. Now the MFI the leading Money flowing indicator signalling a buying opportunity on the week of September 9.
The weekly Stochastic RSI is heavily overbought and could signal a major sell off and we we break 479sats ARDR is in serious trouble. However if we break and close above 758sats, I would be buying more above those levels.
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)
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.