$ARC 5-minute plunge of 4.08%, trading at 0.04256, with a 24-hour range of 0.03834 ~ 0.04423.
Wait for the candlestick to close before deciding; an intraday spike doesn’t count.
Sharp drops are often accompanied by a wave of liquidations of leveraged long positions. Once those are cleared out, a technical rebound sometimes follows.
Wait for the candlestick to close before deciding; an intraday spike doesn’t count.
Sharp drops are often accompanied by a wave of liquidations of leveraged long positions. Once those are cleared out, a technical rebound sometimes follows.