Ardor is a blockchain-as-a-service-platform that evolved from the time-tested Nxt blockchain. It launched on January 1, 2018 after a successful year on testnet. The unique parent-child chain architecture of Ardor, with a single security chain and multiple transactional chains, offers three advantages: reducing blockchain bloat, providing multiple ...
After resting on support between 1500-2000 for three months. ARDR is ready make rise like previous roller coaster.
We can see some movement picking up on smaller frames. Few months ago ardr listed on binance it is open to large number of people to trade.
Start buying in dips without stoploss if you are considering for mid-term or long-term else use ...
hey traders ardor looks good for future opportunities.
fist ABC correction is a zigzag and after that a new one came up and on the way to completion. that kind of correction is not unusual after zigzag correction so if i'm not wrong we are now at the 4th wave of the C wave(red).
if price goes down to green area also we will see a completed gartley.
lets see ...
We all know that markets are cyclical, my principle of trading is simple - buy support - sell resistance - all that is between them is a husk for me.
if you have patience, you will reach your goal, it may take several months. So - our main resistance in the region of 18000 sat.
ITS NOT financial advice!
. ARDOR/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue.
. There is a possibility of temporary retracement ...