Ardor Jumps 80%+ After Fake Breakdown...

Ardor (ARDRBTC) started moving with great momentum today printing over 80% in growth since yesterday, here we have the classic stop-loss hunt taking place.

Last week we saw prices breaking and closing below support, just to see a very strong bounce take place today.

Moving below support (the May low in this case) activates the stop-loss for traders with an automatic stop-loss in place and thus takes away their money.

If you use manual stop-loss as we do, you can keep your money as you can clearly see prices moving back up.

Anyways, the entire altcoins market will start to rebound and print some very strong bullish/green growth.

Namaste.