$ARB fell below the 0.17 level.
A beginner asks a fundamental question: What do support and resistance mean?
A support level is an area where prices have repeatedly found a floor as they fall. A resistance level (also called a resistance zone) is an area where prices have repeatedly stalled as they rise.
On a candlestick chart, a price level is just a number—but to people, it can be a psychological line of defense.
All data only describe past price movements; prices can absolutely move in the opposite direction.
A beginner asks a fundamental question: What do support and resistance mean?
A support level is an area where prices have repeatedly found a floor as they fall. A resistance level (also called a resistance zone) is an area where prices have repeatedly stalled as they rise.
On a candlestick chart, a price level is just a number—but to people, it can be a psychological line of defense.
All data only describe past price movements; prices can absolutely move in the opposite direction.