Volume is a leading indicator of price. $ARC 1-hour volume ratio: 9.4; trading volume: $12.05 million; price: -25.71%.
The price is falling on heavy volume. Don’t rush to buy the dip in the short term; wait for volume to shrink and the price to stabilize before reassessing.
Until signs of a bottom appear, staying on the sidelines is safer.
The price is falling on heavy volume. Don’t rush to buy the dip in the short term; wait for volume to shrink and the price to stabilize before reassessing.
Until signs of a bottom appear, staying on the sidelines is safer.