Small Recap: Ardor - Entry point: 1 @ 2580-3000 2 @3000-3250 - Profit levels: shortterm @ 3730-4100-4700-5100-5700 mid-term @ 6000- 8350-11800 - Stop: @ 2500 - Rebuy: @ anything below that - Time: Summary: Ardor is entering an interesting zone to look for a position. It had a steep increase in December and January followed by the familiar crypto retrace to the bottom. We are nearing the demand-zone of this coin. The demand-zone is fairly strong and allows for trading. Based on the fundamentals of this project you could already say its a good coin to have, certainly adding it in this zone. We have small signs of reversal. But some patience is needed before this trade will shine. Nonetheless, we want to pay attention and look for the possible perfect entry. Which could lead to a 100% profit level? The first strong supply zone is around 6000 sats 0.50% level. Goodluck
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We have reached one of our possible bounce area's. Followed by some upward movements. Things aren't looking bad and we are working towards one of our targets for now!
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first target hit
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We hit another two targets on the way. We had a decent buy in point. Still looking good. BTC can throw us out the window FYI.