Ardor Trading At New Lows | Oversold
Ardor (ARDRBTC) just hit a new All-Time Low yesterday after a very strong decline. There are still no reversal signals but a low might be in... Let's take a look.
Look at the light blue squares, we have long-wicks each time the bottom support was hit and a soon after a bullish wave followed.
There is bullish divergence with the MACD and the RSI reached extremely low/weak/oversold.
After a small period of consolidation, 4-9 days, we are likely to see Ardor (ARDRBTC) move higher.
The red dashed line at the bottom can be used as the main support and stop-loss. If prices move below this line the above signals are invalidated.
Thanks a lot for reading.
Namaste.
Look at the light blue squares, we have long-wicks each time the bottom support was hit and a soon after a bullish wave followed.
There is bullish divergence with the MACD and the RSI reached extremely low/weak/oversold.
After a small period of consolidation, 4-9 days, we are likely to see Ardor (ARDRBTC) move higher.
The red dashed line at the bottom can be used as the main support and stop-loss. If prices move below this line the above signals are invalidated.
Thanks a lot for reading.
Namaste.
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.