Unfortunately, my friend, it will be pulled down shortly, as you said, it seems to be around 0.04500.

$ARC I closed my short now, Now waiting but I read some comments , they can be new here trying to find the dip here.. I wanted to make a quick post
It can be long abit bare with me..

0- Make all your candles same gray color. Remove from your visual cortex, red and green candle signals, why? Each red candle will be a stress for you, in 1 min. you dont need more stress if you long and trapped in short you already filled with fear..

We will use EMA 2 as a close, candles will show only wick and size information

1- In early huge drop it was pretty similar. You must add fibonacci ema indicator numbers and check the momentum. Ema 2 (yellow line) Ema 8-13 and for real reversal Ema 34 and Ema 55

In 1 min. chart ( dont go to 3 min for ARC it is so slow and late) add those ema numbers .
As long as Ema 34 is under Ema 55 you are in down trend.

as long as close is under ema 8 and ema 8 is under Ema 13 , and all of three lines under ema 34-55 you are in a super strong fall.

2- In eaelier reversal it was like this, Ema2>Ema 8>Ema13 but all three must be higher than Ema 34 > Ema 55 ok.. Look at the first chat.
You dont need candles, as they forced you to learn.

3- Now we are here, A perfect spot for confusion, will it go up from 0.05 or dump.. Look at my earlier post, support is around 0.045.. So if it goes it will explore those numbers.

Dont sacrifice your capital like I did in first fall, It took me 4 days to get it all back.

Remove your predictive clairvoyant future telling ego filled trade prophecies here, just rely on momentum and basic crossovers. Yes may be in other coins it does not work but here nothing else works.

If you need for a complete reversal, all this with exact same numbers should happen in higher timeframes like 15min. Then you can say ok ARC has reversed. But look at A drop.. That may happen too. This ARCia bot must imply a direction and the hunt all the traders who jumped early.

That is why do not trade here for going to moon, no spot no moon)