we got shorted around the 7$ after hours , now we need to hold above the 3$ to confirm a support and reversal once we break the critical resistant between the (4.17$/4.90$), and have another squeeze over the 7$ towards the 9.70$.
on the other hand if we didn't hold above the 3$, it's means we will see aanother sell of towrds the bottom reversal price between the...
ARDR has consolidated with higher lows since August and after bearish divergence at top of the channel the price has broken down to a new higher low with a bullish divergence at the end of a bullish bat pattern ( point A is slightly higher than point C on many exchanges, where the bearish divergence confirmed a fake breakout of the channel on December 1st.)
Lots of trendiness are converging here making INS an intriguing watch/potential play, especially given the C&H formation that I didn't highlight here but is evident if you expand the chart. I've been holding a large bag since March so I'm already in, but this could be interesting in the near to mid term. I'm long regardless of movement.
