$ARB broke below the 0.19 level; the current price is 0.1895.
Around key price levels, I usually look at three things:
① Close: An intraday break doesn’t count; it’s only a confirmed break if the entire candlestick closes below 0.19.
② Retest: Can the price rebound to around 0.19 and reclaim it? If it can’t, the level has flipped.
③ Volume: Does volume pick up during the break? A break on lower volume is more likely to be reversed.
#ARB
Around key price levels, I usually look at three things:
① Close: An intraday break doesn’t count; it’s only a confirmed break if the entire candlestick closes below 0.19.
② Retest: Can the price rebound to around 0.19 and reclaim it? If it can’t, the level has flipped.
③ Volume: Does volume pick up during the break? A break on lower volume is more likely to be reversed.
#ARB