SUMMARY
ARDOR Coin (ARDR/USD) is channeling up but I believe breaking out and above this channel would be ideal to attain the $0.68 target. Note how the blue impulse waves are actually sub waves of white wave 3. There is a 134% Profit Potential.
Now, the alternate is that the channeling could continue for another round, if so, then price could touch the bottom trend line and then impulse; but the destination would not change.
Here is ARDR/BTC pair and why I feel the above primary count is solid. Here you see a cup and handle that successfully broke out and corrected. The blue lines outline a bull flag that could propel prices to 0.00011 BTC or 203% profit potential!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**