ARK contract side, previous full 5m -5.82%, current price 0.2627, 24h volume 129 million, VWAP 0.268028 below, volume is 4.1x. At first glance, it’s easy to get shaken out by the drawdown. What you should focus on now is: whether the pullback rebounds with volume—don’t rush to guess the bottom.
If the retracement can it reclaim VWAP 0.268028, and after the volume expands to 4.1x, will it quickly shrink back; would you wait for confirmation of the repair, or wait for the selling pressure to keep converging?
#ARK #volatility alert
If the retracement can it reclaim VWAP 0.268028, and after the volume expands to 4.1x, will it quickly shrink back; would you wait for confirmation of the repair, or wait for the selling pressure to keep converging?
#ARK #volatility alert