AlanSantana

Ardor Trading At New Lows, Strong Divergence Kicks In!

Long
BINANCE:ARDRBTC   Ardor / Bitcoin
Ardor is trading at new lows and hitting the lowest today compared to May 14th, when most altcoins hit bottom.

Ardor ( ARDRBTC ) is a huge exception as there aren't many Binance altcoins going for new lows right now, but we might be looking at a bottom here due to the divergence that is building up... Let's take a closer look.

This is the daily chart , closed up:
Notice how the price is going lower, just by a few satoshis...

Now, take a look at the MACD and RSI ...



  • We are looking at really strong divergence.
  • We have over 180% profits potential from the current price to March '19 peak.

Keep an eye on Ardor, as it might be setting a low here and preparing itself for a breakout soon.

Thanks a lot for reading.

Namaste.
P.S. This is not a piece of trade advice. All of my trades contain buy-in, target, stop-loss, and additional information.
Comment: (1) 0.00001190 -Reached 7-June (+24%)
(2) 0.00001260 -Reached 7-June (+31%)
(3) 0.00001360 -Reached 7-June (+42%)
(4) 0.00001460 -Reached 7-June (+52%)
(5) 0.00001520 -Reached 7-June (+58%)
(6) 0.00001630 -Reached 7-June (+70%)

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