Ardor is trading at new lows and hitting the lowest today compared to May 14th, when most altcoins hit bottom.
Ardor (ARDRBTC) is a huge exception as there aren't many Binance altcoins going for new lows right now, but we might be looking at a bottom here due to the divergence that is building up... Let's take a closer look.
This is the daily chart, closed up:
Notice how the price is going lower, just by a few satoshis...
Now, take a look at the MACD and RSI...
We are looking at really strong divergence.
We have over 180% profits potential from the current price to March '19 peak.
Keep an eye on Ardor, as it might be setting a low here and preparing itself for a breakout soon.
Thanks a lot for reading.
Namaste. P.S. This is not a piece of trade advice. All of my trades contain buy-in, target, stop-loss, and additional information.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.