Looking at the ARDR on the Weekly
Willy stupidly oversold
Histogram creating a potential div
OBV looking nice and healthy
Price trading below value low
Nice notch around the 382
Wicks and tail like to be eaten
Nice W in price forming
At bottom end of entire range and I will be taking a few nibbles
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I was meaning to post this yesterday before the Pump we just had.
We had the price crossed the LowerBband and back above it and still the Stochastic RSI being oversold (Although we should have it out of there)
The Bottom Finder was above 30-40 signalling a bottom this week on 3 occasions which is very strong.
What I would like to see is a close above the 20MA...
ARDR had a nice impulsive move up and is currently retracing. I'm currently waiting for a retrace into the golden pocket of the impulse wave up.
We have a minimum target set at the 382 fib retracement line of the entire impulse wave up.
Sadly, ARDR broke down out of my plan, it was a potential risk in buying this coin after a pump. Here is the new part of my prediction, a short return too the price from where we pumped from the frist time and then move up in the channel between the two green lines
It did pop :), now i espect it too quickly touch old resistance (green area) and pump again. this time it will test previous resistance i drew with red area. If it will push through it will try out new highs but i expect it to pull back after touching the redzone to the resistance we just touched.