ARDRBTC
NXT VISION FOR NEXT WEEK / STRONG FUNDAMENT / 28.12. / AIRDROP /HERE IS MY CHART FOR NXT for next week !
We can easily reach previous $BTC ATH it's returning cycle.
WITH STRONG FUNDAMENT HOW IS AIRDROP NO PROBLEM
Bullish Penant Continuation 15-20% ARDRBTCBeen a while since my last post guys, but couldn't resist putting this one up.
A great pennant that, if it breaks correctly, should deliver a 15-20% continuation on the previous bullish run.
I think this will take it to at least 7000 sats if not further. I will be waiting for a spike in volume to show a confirmation of breakout then will be getting in quite quickly.
As always,
Keep calm and trade to trade well.
Ardor Trading IdeaIf we look at the daily chart of Ardor, we can see that the market is at the support zone. Price bounced from 0.000030 support level and diverged with RSI. We have a reversal signal based on a bullish divergence.
We can open long trades above 0.000029 level with stop orders below 0.000027 support level.
ARDR - Possible Ending ActionPrice movement to the downside hit the long term resistance line and bounced. Weak volume possibly indicating sellers are tired. Possible ending action. Expect volume to rise significantly if we enter the top half of former trading range (marked as the higher rectangle in blue) as a sign of strength - spring action still a bit weak, look for good volume to the upside for a safer entry. However, note that once supply is truly exhausted, the slightest amount of demand can trigger a move to the upside due to lack of supply. Careful with your stops, final attempts at accumulation could be the name of this game.
ARDR in acumulation zonePrice entered an area of strong support and close to an important diagonal resistance.
For long term holding the color boxes are good buying areas. FA suggests that in incoming months the network could take important steps forward.
Price bouncing and holding near any of the lines could be a good entry signal for long term holding strataegy.
ARDR RectanglesCurrently in a higher rectangle - potential attempt at a higher base - bulls could be looking to exhaust sellers either through attrition or price movement one way or the other. Would not be surprised to see a break below the rectangle or at least another move down to yellow major support before a move higher. Resistance is almost futile at this point, but it is cute to watch.