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TheCryptoWoman
Aug 25, 2019 12:52 PM

Ardor - Setting up for Altseason Long

Ardor / BitcoinBinance

Description

Altseason? 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!
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