Ardor showing bullish signs on Ichimoku. Bullish: Cloud turned bullish, Tenkan above Kijun. Quasi Bullish: price struggling above cloud. Lagging indicator below cloud but above price.
If it can break the resistance next stop 460-470 sats.
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Additionally 8 and 12hr Ichimoku have been bullish for a couple days, which could bring in momentum for longer time frame.
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Also see an Adam and Eve here. Gray support bar aligns with 1D Cloud as well.
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This analysis is still working out favorably Adam & Eve still in play Besides the flash crash, cloud showing support, and bounce of Kijun very bullish.
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Seems to be holding up quite well. Very cool to see
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Starting to get squezzed out above resistance. Would be cool to see it reach first target by mid March, just a couple weeks or so away.
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With lower highs and lower lows could break out the Adam and Eve curve. The they aren't that much lower, and it's been following this curve very well thus far. So will it continue to follow up the curve or break through it?
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Really neat to see the price closely follow the Adam & Eve curve. This played out very well, not sure how that actually happens, do buys and sellers know they need to follow the A&E curve?! So we've meet the A&E level, now should be clear to go to next resistance leve which matches the A&E breakout level
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Target 1 complete. Keeping this open until Target 2, 570 is reached.
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Now above support/resistance. Chart would indicate clear sailing to Target 2. It's increasing at a rate of 3% per day which is a good slope, not volatile, not uncertain. All indicators are bullish on Ichi. Technically I dont' see anything indication of a slow down or sell off.
Trade closed: target reached
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Second target, 570 sats, reached. This TA is complete. Cloud full on bullish so I may start another analysis for next set of moves.