I almost bought $ARB today then I checked the volume at 0.6x average
I am passing on $ARB right now because this move is not being funded by real participation
Price sits at $0.22820 while sitting at 80 percent of its daily range with 1h RSI at 59
I need to see an hourly close and hold above $0.23110 before I touch this
Or I want a pullback that holds $0.21670 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $ARB here, or waiting for 0.21670?
#ARB #RiskManagement
I am passing on $ARB right now because this move is not being funded by real participation
Price sits at $0.22820 while sitting at 80 percent of its daily range with 1h RSI at 59
I need to see an hourly close and hold above $0.23110 before I touch this
Or I want a pullback that holds $0.21670 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $ARB here, or waiting for 0.21670?
#ARB #RiskManagement