$ARB broke below the MA50 on the daily chart (0.1866), with the current price at 0.1842.
The MA50 represents the medium-term trend. After a break below it, the key is whether a rebound can reclaim the moving average. If price can't close back above it, the moving average shifts from support to resistance.
A single indicator can be misleading, so it's more reliable to look at volume and market structure together. What signal would you wait for before entering?
The MA50 represents the medium-term trend. After a break below it, the key is whether a rebound can reclaim the moving average. If price can't close back above it, the moving average shifts from support to resistance.
A single indicator can be misleading, so it's more reliable to look at volume and market structure together. What signal would you wait for before entering?