ARDRBTC trade ideas
$ARDR Move Along Nothing to See HereLooking at it on request from our free and friendly discord community. Check my profile if interested in joining.
Miraculously $ARDR is still trending up on short time frames but massively down on long timeframes. No major catalysts coming up. $BTC looking like its bleeding further down. I'm not really seeing anything I like about this chart. Its down. In any other time I'd say its near bottom and should start seeing a bump. But with this market I don't thin kthat's true anymore. Market is complete trash right now.
Ardor breaking the downtrendCoin of the day is Ardor.
Ardor is a Blockchain-as-a-Service (BaaS) Platform that will allow users to create their child chains with specific settings for asset issuance.
It was developed as an evolution of the NXT blockchain and likely offers many advantages over its predecessor, both in functionality and in scalability.
From the technical view, ARDRBTC was in a deep recession since the start of the 2018 year.
As with the major new blockchain and crypto technologies, interest in them falls when the main cryptocurrency is going through a crisis.
The fall went deep below the allowable for maintaining global uptrend bias levels but stopped on the 0.00003 support. The rebound from this level has already broken the Bearish Trend Line resistance, which could mean the beginning of next bullish cycle. For the investors, this price looks attractive regarding the potential peak.
Newly formed uptrend established a Bullish Trend Line support if the coin will hold above this level and break the 0.00004 resistance that would be a solid Buy signal.
Ardor: Keep it simple, the only way is up!Another very solid project: Ardor! Ardor is a project of Jelurida, who have been around since 2013! Ardor is an evolution of the Nxt software that addresses issues of blockchain bloat, scalability and versatility (a huge problem on ethereum, remeber the Crypto Kitties). Ardor is being designed as a complete ecosystem where multiple players can interact with each other without needing to go outside the platform.
Ardor priceaction is very straigthforward: higher highs, higher lows: the definition of an uptrend! Ardor went live on january 1. 2018, we saw a major bullrun while approaching this date, then there was some fud due to the fact that Bittrex closed trading for quite a few days, having internal problems connecting to the new blockchain. Ardor ended up allmost fully retracing the bullrun and hit longtime support a few days ago. The fact that this higher bottem in price led to a lower bottem in the RSI-indicator (hidden bullish divergence) is the icing on the cake!! Look for a new bullrun towards at least the green target box.
ARDR Strong Buying coming in few days??1day chart
RSI showing a narrow trading range. which mean dominant sellers are no more convicted in sell at this level :)
but buyers are not pushing it up too
means both are in confusion :) soon Rsi triangle will get a breakout with hell of volume :)
0.000030 is strong area for buying with minimum target 0.000060
for sure we will see our target before may :)
check AMP idea already to target
Ardor Probability Of ReversalArdor went all the way down to the 5k satoshi level from the 15k satoshi high, losing almost 70% to the Bitcoin in just one month. The support at 7.3k satoshi was broken together with the Gann Fan trendline and price went lower, to test the next support at 5k satoshi.
This is a very strong support are, ie 4.5-5k satosi, that is a 227.2% Fibonacci retracement level of the corrective wave up after breaking the uptrend trendline. It also confirmed by the 8/1 Gann Fan trendline. And finally, the 200 Moving Average on a Daily chart, that hasn't proved to be broken as Day has to close below 5k sats.
Considering that RSI oscillator showing the oversold market condition it is likely that Ardor is at the bottom of the correction and could start rising from this point. At the same time 5k satoshi support must be watched for a break and close below, it this case Ardor could go lower.
Ardor (ARDR) Huge Potential for a Quick TradeWhile Bitcoin fights to get out of its downtrend, we can make some time for a quick trade. Ardor (ARDR) is the coin of choice.
We are going to aim for a modest return for this trade and we will do it relatively fast, this will be a short term trade.
>>> Ardor (ARDR) Trade Indicators
Here we take a look at the signals that support our trade. We normally look at chart formation, candlesticks, the MACD indicator, trend lines and much more. These signals can tell us if a coin is likely to go up or down.
** Let's start with the order book. Looking at Ardor order book on Bittrex, I can see very strong support around the 5500 satoshis level, and not much resistance to go up. Not having huge sell walls on the order book is a good signal for positive upward movement, it means that there are not too many sell orders to break through, so this increases the chances of going up strong once momentum starts to build.
** Looking at the chart above, there are a few things to notice, we will do this quickly, as I expect this to be a short term trade.
** After several weeks of going straight down, Ardor had a break earlier today and we saw a huge jump in price. This jump coincides with the TD indicators count. A new count is starting, we are at candle #1.
** The RSI bounced strong before reaching the oversold levels, and the STOCH and DMI are already trending up. The MACD is curving, but still needs more work.
** The chart is telling that we can have another few positive days. We will use this information to our advantage. This is all based on the daily chart, the chart above is a 4h chart, to better enjoy the action. Let's trade this coin.
>>> Instructions
Buy-in: 0.000051 - 0.000060
Targets:
(1) 0.000064
(2) 0.000068
(3) 0.000073
(4) 0.000080
Stop-loss: 0.0000453
Trade strategy: The goal is to make some quick profits. A short term trade. To have some fun and entertain ourselves while we wait, for the market to be back, for the opportunities that we deserve. So feel free to sell anytime you find yourself in a good spot.
>>> Message: Growth
What is growth? How can you explain this?
Growth is to learn to be free, in every possible way.
Growth is accepting your own life, and letting others live theirs.
Growth is the understanding, that you get from being alone.
Growth is the joy that is appreciated, when you share with the ones you love.
Growth can be explained as the feeling of knowing that life is going on.
It doesn't matter what really happens, in the end you will always be more.
A kiss for you today... With much, much love...
Namaste.
Ardor VS Bitcoin- Time To Buy?Ardor reached the high at 15.2k satoshi after a strong rally resulting in a 490% growth against the Bitcoin. But then a strong corrective move followed where Ardor lost 50%. The correction was stopped at the 61.8% Fibonacci retracement level.
In addition, this support is confirmed by 161.8% Fibonacci retracement level applied to the corrective wave after the uptrend trendline breakout. And finally the 4/1 Gann Fan trendline has also been rejected, together with the 200 Moving Average.
Clearly, there is a massive support at 7.3k satoshi and it is being rejected, suggesting that ARDR/BTC could be ready to continue the uptrend.
However, the risk of further decline is always there, and in case support is broken Ardor could drop to 4.4k satoshi support, but at this point, it seems an unlikely scenario.
ARDR / BTC Ardor 300%+ Profit PotentialLets keep en eye on Ardor and set your alerts at "crossing below" 4400 sats! There's plenty of time and this coin will accumulate sideways for a while before going onto a new wave cycle.
Entry: 3400-4400
TP 1: 5,700
TP 2: 9,100
TP 3: 12,000
TP 4: 14,000
*This trade idea is just for entertainment, and not intended as financial advice. Use your own judgment when trading.*
Ardor $ARDR is the MOST underrated crypto right now!This is not a selfish shill nor is it another bogus attempt at depicting yet one more coin as "the next ethereum." First let's understand what Ardor is, that makes it fundamentally novel from literally everything else out there right now.
Ardor has essentially made token creation as simple as making a Wordpress or Squarespace - no coding required, with a suite of integrated products from NXT's library as well as a plug-in marketplace. Before you roll your eyes at this in the way that you roll your eyes at Wix or Squarespace or Wordpress, thinking that that will just open the door to tons more shitcoins, just think of how many people use Wix, Weebly, Wordpress and Squarespace for that very reason. Think of how many people started creating content and participating in that once mysterious confusing thing called "the internet" back in the early 90s. Think of how the bright shiny colors of the then 'simplistic' iMac in the late 90s attracted people into buying a computer who otherwhise would not have done so. Think of how iOS and it's silly skeuomorphism served the purpose of acclimating our parents and grandparents to the technology.
The trend with new technology fields is that over time as infrastructural elements are created, platforms for user friendly mass adoption are created to move "downstream" - down market to segments which are less technologically adept than the last. Ardor
You can thumb your nose at it, fine. But it's sure as hell going to achieve mass adoption and may even become the most used platform for token creation. At a market cap of 2 billion there is plenty of room for growth, potentially even during and through the next bitcoin pump.
Second, Ardor $ARDR is very new with its network having launched on January 1st, so the market is still just finding out what Ardor is. One reason for it being so undervalued in terms of price.
Lastly, being so new, the major exchanges like Bittrex and Poloniex which have already adopted Ardor for trading (how often do they do that so early in a coin's life?) have been experiencing outages which are still going on as I write this. HitBTC is the main exchange for currently buying $ARDR, so just try and imagine the kind of growth it will achieve once its back up on Bittrex and Poloniex.
Ardor will soon be in the top 20 of valuations, and quite possibly in the top 10 in 2018.
P.S. Also keep a lookout for IGNIS tokens. IGNIS was the first token to launch on Ardor's platform. There was a massive sell of recently from those that received their tokens through the NXT airdrop in December but that seems to be leveling.
ARDOR dropping. When do we buy some more?As most of the market is still going strong. ARDR looks like its doing a retracement after hitting an ATH well over 2$.
With only 1 billion coins that are all in circulation, a solid team (team that built the NXT platform) and coming out of the test system into the live own block chain on the 1st of January, this project will have results to show in 2018.
As for entry levels:
- I am looking for a break of the 0.00012 on the downside, if this is broken I expect the price to go below 0.00010.
- If the market goes in this direction I will start buying between 0.00009 and 0.00006 (green lines in the chart).
I am long on ARDOR since a few months but with the markets cooperation I am looking to increase my position as 2018 is looking amazing for ARDR.
Happy trading.