$ARX breaks below the 24-hour low: current price 0.2022, previous low 0.2028.
After the breakdown, watch two things:
Will the previous low of 0.2028 turn from support into resistance (if the price fails to reclaim it on a rebound)?
Did trading volume increase during the breakdown? A low-volume break may be a false breakdown.
Are you following the move or staying on the sidelines?
#ARX
This is not investment advice. Don't follow it.
After the breakdown, watch two things:
Will the previous low of 0.2028 turn from support into resistance (if the price fails to reclaim it on a rebound)?
Did trading volume increase during the breakdown? A low-volume break may be a false breakdown.
Are you following the move or staying on the sidelines?
#ARX
This is not investment advice. Don't follow it.
