FieryTrading

🔥 ARDR Symmetric Triangle Break-Out

Long
BINANCE:ARDRUSDT   Ardor / TetherUS
ARDR has formed a nice symmetric on the H1 chart, ready to break-out. Since most cryptos are behaving relatively bullish at the moment, this is a bullish analysis for ARDR.

Before entering this trade wait for the price to reverse from the local high around 0.18 and then touch the Entry line.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.

Happy trading!

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