Arbitrage
ARBUSDTThe overall situation of BINANCE:ARBUSDT can be described as follows:
A descending channel has formed, which confirms with multiple price bounces off the lower channel line. It is likely that the price will soon reach $1.40 from $1.16 and validate the hypothesis of the descending channel, shaping it further.
At the price of $1.40, we are witnessing a resistance line, and it doesn't seem likely that the market will be able to break through this resistance under the current conditions.
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ARBUSDT - Expecting Massive Up move!!ARBUSDT (4h Chart) Technical analysis
ARBUSDT (4h Chart) Currently trading at $1.045
Buy level: Above $1.04
Stop loss: Below $0.96
TP1: $1.1
TP2: $1.15
TP3: $1.2
TP4: $1.28
Max Leverage 3x
Always keep Stop loss
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About the logic of the cryptocurrency secondary marketThe information is all public, follow the hot spots 👇
From the beginning of the year to the current market, the second level has operated 3 coins, LDO ARB Sui
LDO is judged to be the coin that will definitely be Fomo up as ETH Shanghai upgrades and the LSD track is hyped again, dead take, from last year's set to this year's return to slightly profitable
ARB obviously Layer2 leading, airdrop did not sell, plus the secondary pick up, the current market price, the water a little
Sui, each size exchange in the main online day all on the coin of the situation, do not participate in seems to be unable to say. Especially Upbit, the Korean exchange, directly on the BTC trading pair + KRW trading pair.
Secondary follow the major exchanges, there is soup, hot spots in different markets to verify each other
Currently in the water
These three coins, many research institutions to the entry point is below 1, the current market price to see, 1.1 ~ 1.3 near strong support
Three operations, with the asset curve back up, the control of positions, hot spots, and price estimates are becoming more and more certain.
Fundamentals, market narrative hotspots, superimposed on the trading level of the K-line, time cycle, position management is also slowly disc up
Knowing and doing, there is in serious practice
"Information is worth money, the interpretation of information, the interpretation of the operation is worth more.
Clearly they come to the market is to make money, not to see the fun and mouth high"
ARB 2$Greetings to all readers! Today, I would like to share my opinion on the ARB coin. This project caught my attention, and I believe that ARB is a very interesting coin worth holding in one's portfolio.
Recently, I decided to purchase some ARB and allocated the majority in the zone that I marked on the chart. I am confident that the coin has a good product and a team of developers working on improving the project. Additionally, the project has prospects for future development.
Kimchi Premium — WAXP — UPBIT/BINANCEMassive trade volume on South Korea's exchange UPBIT for the WAXP token. Typically 4x that of Binance and all other exchanges combined. When the Kimchi Indicator hits certain upper bounds, you typically see mass buy volume on WAXP across non-korean exchanges
BINANCE:WAXPUSDT
UPBIT:WAXPKRW
Arbitrage Opportunity AlertAn arbitrage opportunity has just popped up. This requires cross-exchange triangular arbitrage, which is quite an involved process, but there are real risk-free profits to be made here. Currently on the bithumb exchange the price of GALA is 24.35 KRW (South Korean Won) which is equivalent to 0.1902 BUSD, but on Binance the price of GALA is 0.1866 BUSD. This trade would involve buying GALA on Binance then selling it on bithumb and then exchanging KRW for BUSD to complete the transaction and secure the profit. If this trade is made multiple times with a decent amount of capital some nice profits could be made, especially considering there is a decent amount of liquidity on both exchanges for this trading pair.
Arbitrage Opportunity Open Right NowThe price of BRL is 1.35 USDT on KuCoin but on Binance it's 5.24 USDT at the time of writing this. This is a significant inefficiency between the two exchanges. I also checked the amount of liquidity on both exchanges at their respective market prices for this pair, and there is currently enough liquidity for at least 10k USD worth of BRL to be sold on KuCoin. I am only making this post because I don't have access to a Brazilian bank account and thus cannot make this trade myself, so I thought someone else out there might as well benefit from it. Follow me for more posts like this.