$ARC 5 minutes: plunged 17.87% to 0.02418, with a 24h range of 0.02195–0.0632.
A genuine trend requires a series of swing highs and lows; one or two candlesticks are only the beginning.
The first rebound after a drop is crucial: a weak rebound signals that buying support remains weak, while recovering most of the losses is a sign that the price may be stabilizing.
A genuine trend requires a series of swing highs and lows; one or two candlesticks are only the beginning.
The first rebound after a drop is crucial: a weak rebound signals that buying support remains weak, while recovering most of the losses is a sign that the price may be stabilizing.