Ardor / TetherUS
āđ€āļžāļīāđˆāļĄāļ‚āļķāđ‰āļ™
āļ—āļĩāđˆāļ­āļąāļ›āđ€āļ”āļ•:

ðŸ”Ĩ ARDR Bullish Triangle Bounce Idea

ARDR has formed a nice bullish triangle on the H1 chart. Recently it has broken out from the bullish triangle, but it appears that the break-out had too little volume to be of any significance.

This trade is based on the idea that the former resistance of the triangle (now support) will function as a catalyst for a new bullish run for this asset. This trade is valid once ARDR starts declining and hits the entry line.

On the chart I’ve marked two potential areas of support/resistance, R1 and R2. These areas are based on recent swing highs/lows and round numbers. Do your own due diligence.

Happy trading!
āļ›āļīāļ”āļāļēāļĢāđ€āļ—āļĢāļ” āļ”āđ‰āļ§āļĒāļ•āļ™āđ€āļ­āļ‡
Closed at +3.3%. Don't trust the markets at the moment.

āļ„āļģāļˆāļģāļāļąāļ”āļŠāļīāļ—āļ˜āļīāđŒāļ„āļ§āļēāļĄāļĢāļąāļšāļœāļīāļ”āļŠāļ­āļš