BITTREX:ARDRBTC   Ardor / Bitcoin
$ARDR looks like it's under some serious whale manipulation. If you can't tell where these massive bid walls have been, look for the perfectly flat lines where it looks like bullets bounced off of superman.

The same 60ish btc wall has been moved to different steps down like a staircase down to a lovely discounted ARDR. The issue is currently there is no real buy pressure.

Hopefully these whales are done accumulating soon and we can see a lovely bounce. Keep an eye out for the 3.7-3.8k range if they decide to drop that bid wall once more. Otherwise I would start accumulating slowly as close to 4k as possible. 4k is a previously existing support line, so I find it would be unlikely for this wall to drop lower, but its crypto so lets not rule anything out.

Either way, this one is worth a watch.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.