Let’s talk about the chart for $ARB : up 7.1% in 24h, with bulls and bears battling fiercely around 0.1946.
This is the kind of level that really tests your judgment: chase the price and risk a pullback; sit it out and risk missing the move. My take is to first watch whether volume can stay strong, then see whether 0.1946 holds. In a trending market, going with the trend is always easier than trying to call the top or bottom.
For discussion only—what’s your trading strategy? #ARB
For discussion purposes only; this is not investment advice.
This is the kind of level that really tests your judgment: chase the price and risk a pullback; sit it out and risk missing the move. My take is to first watch whether volume can stay strong, then see whether 0.1946 holds. In a trending market, going with the trend is always easier than trying to call the top or bottom.
For discussion only—what’s your trading strategy? #ARB
For discussion purposes only; this is not investment advice.