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Ardor / Bitcoin

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ARDRBTC trade ideas

Ardor VS Bitcoin Reached The SupportToday Ardor hit the 2143 satoshis, that is 327.2% Fibonacci retracement level applied to the corrective wave up, after the ascending channel breakout. The support has been rejected cleanly, after which price went up, but rejected the downtrend trendline. It is a very interesting timing for the Ardor, because today's' low could be the very bottom of the downtrend, or very near it. But as of yet, there are no confirmation of that, therefore it would be reasonable to at least wait for the downtrend trendline breakout.  Daily break and close above the 2422 satoshis resistance should be the first confirmation that ARDR/BTC is planning to move higher. On the other hand, daily break and close below the recent low might result in a consolidation, spike down or even the downtrend continuation.
Long
by CryptoPAMM
Binance throws Ardor upCoin of the day is Ardor Ardor showed a significant grow after Binance listing. Such a huge rise after a listing is not unexpected, but still higher than expected, and probably could be affiliated to extremely low prices of the coin. Recap: Ardor is a Blockchain-as-a-Service (BaaS) Platform owned by Barcelona-headquartered Jelurida that will allow businesses to create their own "child chains" based on the main maternal Ardor chain and take full advantage of the block-chain technology. It was developed as an evolution of the NXT blockchain and likely offers many advantages over its predecessor, both in functionality and in scalability. Ardor claims to reduce blockchain bloat and provide multiple transactional tokens. Jelurida plans additional child chains to be launched on the Ardor mainnet in the third quarter of this year, as well as lightweight contracts runner add-on. Latest news 18 July - Binance Listing. “Binance will open trading for ARDR/BNB, ARDR/BTC and ARDR/ETH trading pairs at 2018/07/18 11:00 AM (UTC). Users can now start depositing ARDR in preparation for trading.” Technicals Almost 50% leap saves the coin from more than a Yearly low (the last time when ARDRBTC traded so low was at 2017.04). Will such big jump give the coin enough momentum to rise higher and maybe went into the more positive state than it was before only the time will show? For now, we can state, that ARDBTC broke above Global Bullish Trend Line, which brings the coin back into a gradually growing state, 0.00003 level, and 100-days EMA was also overcome. If the price manages to hold on above 100-days EMA – the pattern could be evaluated as bullish and target the price to the next resistance at 0.0004. 0.0003 level should stay strong to support any bullish possibilities, dive back below 0.00003 will destroy all newly-formed interest in the coin.
by DestinationMoonCrypto
Ardor at the bottom. Is it worth taking?Coin of the day is Ardor. One of the useful things to do during the stagnating markets – look for the bottoming patterns, a possibility to buy the bottom at low prices with high potential. Again, while the crypto community is concerned with the cost of bitcoin, we could concentrate on companies which are not aiming to become new era money, but rather bring new technologies in future. One of such spheres is Blockchain-as-a-Service projects, sounds fair that soon a lot more companies will use blockchain technologies and will not build it from the scratch. One of such projects, which seems like be drawing a bottoming pattern recently, is Ardor. Ardor is a Blockchain-as-a-Service (BaaS) Platform that will allow businesses to create their own "child chains" based on the main maternal Ardor chain and take full advantage of the block-chain technology. It was developed as an evolution of the NXT blockchain and likely offers many advantages over its predecessor, both in functionality and in scalability. One of the reasons, why Ardor still looks attractive, despite bearish pattern on the chart is because of the business-to-business approach. BaaS could get a significant support if their technology will be used successfully by big companies. Latest news 2 June – Dominium group is planning to launch its blockchain on Ardor. “Blockchain based platform, Dominium, will allow global users to invest in property from just €1 and to launch a regulated property fund without a lawyer. The Dominium property platform will allow users to list, trade, finance and manage property assets utilizing a suite of tools, with all activities safely recorded on the blockchain. Business tools will include full Client Relations Management, project management, and maintenance systems.” Technicals After March-April uptrend, which stopped under the 100-days EMA, not able to break through it, the coin went down. Having reached psychologically significant level 0.00003 level, which almost coincides with Global Bullish Trend Line at this point in time, the price started to draw a turnaround pattern. The price seems to be low enough for investors to buy-in and start a new growth cycle, to test 100-days EMA once again. A breakthrough above Bearish Trend Line will be a confirmation sign of the beginning of reversal pattern, the next goals, in this case, will be 0.000035 level and 0.00004. From the below – dive below the Global Bullish Trend Line will cancel a turnaround pattern.
Long
by DestinationMoonCrypto
ARDOR (#ARDR): TARGET = DOUBLE TOP PATTERNHi Traders, Let's take a look at ARDOR (#ARDR). It looks pretty good! ARDR has been rising for few days. MACD is bullish. Ichi lines crossed over inside of Ichi Cloud and this predict that price should increase. EMA200 and EMA50 look good too. Now, is important to wait for trend confirmation. It happens if ARDR will consolidate above upper line of Ichi cloud. Everything depends on BTC movements in next hours. ARDR likely follows BTC. I mean, if BTC fall, so ARDR falls too. I hope you enjoy my charts, please writte your comments, hit that like button or follow me. Thank you!
by AsBobbyDigital
Ardor second attempt to go UPCoin of the day is Ardor. Ardor is a Blockchain-as-a-Service (BaaS) Platform that will allow businesses to create their own "child chains" on the basis of the main maternal Ardor chain and take full advantage of the block-chain technology. It was developed as an evolution of the NXT blockchain and likely offers many advantages over its predecessor, both in functionality and in scalability. The business-to-business approach could be a significant advantage as if the technology will appear useful for big services - the coin will find solid support. From the technical view, ARDRBTC was in a deep recession since the start of the 2018 year, broke a downwards tendency 13.03.2018 but went into a lateral correction within the 0.00003 - 0.00004 boundaries. Today the price broke the correctional pattern boundary and went upwards, breaking the 0.00004 resistance. The rise in momentum and volumes supported the breakthrough. If the price will be able to hold above the 0.00004 level - that would be a bullish sign. The next goal, in this case, will be 100-days EMA and 0.00005 level. From the downside - 0.000036 as minor support and 0.00003 as a support for the whole rebound scenario.
Long
by DestinationMoonCrypto