Vrnss

ARDRBTC bullish scenario Potential 100% profit

Long
Vrnss Updated   
BINANCE:ARDRBTC   Ardor / Bitcoin
ARDRBTC currently trading on a downfall wedge as drawn on the chart. The pair has found support on the bottom of the wedge and now is moving towards
the resistance line. This could be a good entry point with the potential of a breakout to the upside. Huge RSI bullish divergence is in place which makes
the pair extremely confident for upside movement.

As mentioned again, a good entry point would be current market price.
Target 1: around 250 satoshi
Target 2: around 300 satoshi
Target 3: around 400 satoshi

Stop Loss: below the wedge (If any large candlestick close below 180 satoshi)
Comment: ARDRBTC now almost 20% profit (spot) and 60% profit (3x leverage). Close 25% of your positions here and move stop loss to 206 satoshi.
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.