Hi dear friends, hope you are well and welcome to the new trade setup of Ardor (ARDR) coin with US Dollar pair.
Previously we had a nice trade of ARDR:
Now on a 4-hr time frame, ARDR has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ARDR is still stuck below 550sts but I think it will not take us too long time anymore.
In next 3 days, it will hit 600-650sts easily and I think in July, it will be back to 900sts again
We should accumulate it in the range of 450-500sts
But if it drops below 450sts, that would be a dangerous sign
Price action of Ardor / Bitcoin is moving within an up channel and hitting the channel's support.
We has 100 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: 0.00000607 to 0.00000628
Regards,
Atif Akbar (moon333)
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.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000735 to 0.00000476
Sell between:...
RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
Technical analysis:
. 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 .
Trading suggestion:
. There is a possibility of temporary...
