Written two hours ago (for context): There is hidden divergence short-term (15min) with a formed after a significant price drop, but we are still within a larger as the may have formed a (15min) while being overbought at the tail end of that. the 50 MA is a resistance now and the 200MA will act as support for the larger symmetrical (from POV of 15min).
Pulling out to the 1H chart, the 50MA is the bottom of the larger symmetrical triangle and we had a golden cross yesterday at 22:00 UTC-5. That was a from the 50 MA but as mentioned above, this has formed a . We have a thin flip on the 1H after the strong edge-to-edge cloud break on the 19th of February. Since then a steady price floor has been established around 0.00005564. That floor was broken on the recent price drop and returned to on the . Now we are testing it again. I would personally wait for the pullback to buy on an oversold cross, but would protect my position in case the symmetrical triangle is broken to the downside. In fact it is breaking to the downside as I write this!
Here are some possible which show some more bearishness for the time being and would give us early indications of the beginning of the next Grand Supercycle. The flip supports the case, while the may be pointing us upward, so there are conflicting signals. I’d love to draw from the community to get a better reading on this one. Sell has been strong but tapering off over the past several days and we recently had a pretty significant bull day. ARDR is fundamentally a great project, so any from quickly become outdated if sentiment changes.
Potential targets: In construction. I need to do some research on the market cap to judge this one, as it’s one of my longer term projects of interest and I think it has nowhere near met its fullest potential.
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As always, this is not investment advice and is for educational purposes only. All opinions are my own.