Brisben

ARDR Skating On Thin Ice

Short
Brisben Updated   
BITTREX:ARDRBTC   Ardor / Bitcoin
ARDR is a very good project, which appears to be relatively "cheap" right now, but from a TA perspective I am hesitant to buy any more just yet. We are currently sitting just above long term support and below some fairly heavy resistance. The Ichimoku is giving 3/3 bearish signals on the 1D chart. The RSI is very weak and the Stoch could be much better. Therefore I'm not touching this until everything improves. A good entry looks like the bottom of the middle channel of the pitchfan (around 3300 sats), which you can see has held strong since April 2017.

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Comment:
Here's a close-up of the three bearish Ichimoku signals
Comment:
At this point a good buy to me looks like the 3500 - 3300 sats zone.
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