ARDR Trading and ARDR Cryptocurrency Investing
in this video we're going to take a look
at the long-term price charts for ARDR
and determine if this might be making a
bottom formation like we saw back in
April and May of 2017 and the big run-up
from November into December and January
of 2018
what we see here is the price of Bitcoin in
the background in light blue and the
price of ARDR in the foreground when i
zoom in to the three month view and
we're looking at the 12 hour bars we see
the prices like many of the altcoins
have come down to a bottom are on the
13th or 14th of August and then retested
those lows here at the same time that
Bitcoin has made a bottom formation and
has shown strength
it may be that
the altcoins are getting prepared now
at a long-term bottom and it could be
time to be watching for a turnaround we
can see here that the moving averages of
the 60 period moving average in the
20-period moving average have not
crossed over yet and so it's not quite
my trading signal yet
but when we zoom
into the 4-hour bars we can see this low
on the 14th prices have come up and
retested those lows and now they're
showing some buying pressure coming in
at the same time that bitcoin is showing
strength and rising so it could be a
good time to be watching for these
cryptocurrencies to be taking off
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