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Technical analysis by asdaf06 about Symbol ARK: Sell recommendation (12/13/2024)

https://sahmeto.com/message/3061404
asdaf06
asdaf06
Rank: 5059
1.7
Sell،Technical،asdaf06

This pattern is called "negative divergence between price and volume". When the price is moving upward (upper red line), but the volume is decreasing (lower red line), it signals weak buying momentum. This often suggests that the price rally may not be sustainable and could lead to a potential reversal or correction.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$0.63662
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