After successful formation of gartley pattern and giving more than 80% profit the priceline of Ardor / Bitcoin cryptocurrency has formed another harmonic bullish butterfly pattern and entered in potential reversal zone to hit the sell targets soon insha Allah. Ardor (ARDRBTC) is now trading above EMA/ as well as MA, 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 . ARDR price moves for a long time in lateral movement in the channel 50%. The price has approached the bottom of the channel, it may still fall to the local minimum of the channel at This is an important zone highlighted in red.
Ardr btc tradingviewArdr — TradingView
Let's take a look at some levels to see if Ardor can find support The last candle day candles passed the last horizontal line 0.
In addition, I bought them. Let's watch together, and also, we should watch the buy and sell signals in EngineeringRobo. However, If the candles fall down, they will be stuck inside the wedge. Before the upward movement starts, It has two strong resistance to break.
Enter as it breaks out of the triangle OR Enter at the aggressive green circle at the bottom of the triangle. Cheers my friends Soon the denouement of the situation. Entry on a breakout or rollback after a breakout of the resistance pattern. Predictions and analysis. Videos only. Top authors: ardr. What is your Watch List for Crypto?
Here is Mine ARDR Ardor close to the support line. ARDR, H4. As we can see an accumulation which is bullish.. ARDOR likes long side-ways! Symmetric triangle. This is an important zone highlighted in red. If the price breaks through this zone and fixes under it channel support , then a new good entry point will have to wait a long Now the price has hit the trend line of the internal channel.
If the price cannot be fixed above this trend line, then we will see movement to the bottom of the Good luck! We has simple moving average support just below the channel support that will push the price back to the channel's resistance.
I have defined the targets using Fibonacci sequence as below: Sell between: 0. I have used Fibonacci sequence to set the targets: Buy between: 0. Ardor did retrace below the MA. The trading volume of the last few days has increased and we are now looking for support.
Pulling back on the 4H we can see the blue line has been both support and resistance. We are touching it now and could turn up from here.
We can also see a trend line forming shown by the orange line. This is a long, slow move and Yesterday we nudged above the MA - the range where we have seen resistance. Did traders get interested and look for some information only to discover the updated websites and better understand the fundamentals behind the Ardor technology?
I don't know, Well, BTC took a dive and altcoins, including Ardor followed the trend. Since we last looked at the 4H, Ardor fell below the cloud, the MA and is sitting on the support line of the newly formed triangle. I've drawn a new support area where we may go into another phase of accumulation.
This is not trading or investment advice. These are my observations and Ardor is staying steady in the support zone. Will the short term trend line hold on the 4H? Predictions and analysis. Videos only.