. 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 ...
Make or break for ardor. Ardor is currently at support if BTC recovers we will test resistance again at 6300-65 If BTC continues to fall ardor will drop to last resistance and i see prices hitting 4-3.3k
This is not financial advice trade at your own risk