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.
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.