Ardor (ARDRBTC) started moving with great momentum today printing over 80% in growth since yesterday, here we have the classic stop-loss hunt taking place.
Last week we saw prices breaking and closing below support, just to see a very strong bounce take place today.
Moving below support (the May low in this case) activates the stop-loss for traders with an...
ARDR has a small room to go down to it`s support line. From there we can expect a bounce.
The indicators are still showing sell signals on various timeframes.
If you are interested to test some amazing BUY and SELL INDICATORS that i use, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
ARDR has broken the downtrend and ready to fly. The coin has broken the 4-hour downtrend line and holding it well. If there is no sudden pump or dump in BTC, then we see a good return in ARDR.
Buy Range: 340-360 sats
Target: 390-420-460-500 sats
Stop Loss: 315 sats
Ardor (ARDRBTC) is now trading above EMA300/200 as well as MA200, our strongest moving average lines.
What this means is that this pair now stands in bullish territory and can easily move up anytime.
The next target is marked on the chart with a magenta dashed line.
You can find additional targets if you zoom out.
You need your own plan/strategy before you...
ARDR has been in accumulation for a long time
1 - 0.0000093
2 - 0.0000126
3 - 0.0000200
4 - 0.0000250
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Ardor again making another great move upwards. It looks like the price will close about the 2 day 200 MA
On the ARDRUSD chart we are having all rules meeting on the 2 day system:
Price closes above 20MA but the 20MA must be in an upward direction or
(10) EMA over the (20) EMA (which ever comes 1st)
Stochastic RSI upward but at least 1 line not...
-after the breakout of resistance at 600 sat range
-the price has retraced back to the previous resistance
-this is a good chance to flip this zone into new support
-if that happens, this coin will explode up to 1k sat
-aggressive buyers are waiting for bullish signs to enter a trade
-ideal stoploss is below 6H 200MA
💬 Oddly enough the Austrian government is testing out Ardor (ARDR) technology. That is bullish for ARDR, if only in that it shows adoption is real and happening on some level. Adoption is great, but what is notable is the current price action where ARDRUSDT has broken away from its current range. Let's take a look at some levels to see if Ardor can find support...
-our trade for this coin is now up over 10%
-there are multiple possible entries using our Cross Ultimate indicator
-if this candle closes green today and BTC remains stable
-it will likely continue higher and may hit the resistance #1-#2
-if the price pullback to retest old resistance
-that is a good re-entry zone