Ardor Could Be Ready To Gain Some Value – Technical View

Ardor found the support at $0.065 and started to produced new higher highs, indicating on the potential uptrend. While moving up, price broke above the 8/1 Gann Fan trendline, followed by a corrective wave down where 38.2% Fibonacci was rejected.

Currently, Ardor is trading around trendline breakout price – $0.188 which could be the starting point for the next wave up. It could start looking attractive for buyers although break below $0.165 support could trigger a more extended correction down.

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