Ardor Trading At New Lows, Strong Divergence Kicks In!

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.

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