I will publish interesting moments with a low frequency and you can use in the future.
Forewarned is forearmed.
As you already understood, it is not enough to have access to the exchange only; it is also necessary to have a tool for analysis.
In my case, I use RTT (Resonance Trading Technology)
It is convenient not because there are several exchanges in it, but because you can quickly compare market data from several exchanges.
And all this thanks to a convenient tree of quotations, in which you do not need to enter the same name every time.
Once write and then switch from the exchange to the exchange.
People are very lazy. I’m talking about myself now. ) That’s why we did the most convenient. )
Here, for example, for some unknown reason, you decided to study the situation on the coin Dash. Maybe you mine, and maybe you decided to make the masternode, it doesn’t matter.
It is important that you go to the CMC and look at the “weight of forces” on the exchanges.
We discard the first 10 exchanges due to too high liquidity, and begin to look for something unusual.
As you remember from the previous article (Indirect signs of speedy movement), market manipulation can be easily recognized. It is enough to remember that a hippopotamus in a china shop is easily noticeable. Only if you are looking for among the dishes, and not in the savannah.
It was now a reference to liquidity. And to the Hippo search algorithm.
One of the most liquid pairs, is on the exchange Huobi.
We investigate it.
It seems to be nothing unusual.
However, moving to less liquid pairs
Here, my friend, you probably already notice where this investigation is going.
However, it is too early to makes conclusions.
I think you already guessed where to look and what to pay attention to.
My friend, the market is not always as banal as it may seem at first glance.
Huobi, Binance, Bitfinex are three exchanges, where besides pairs to BTC there are also pairs to USD and ETH.
And now I have a question, where will you sell Dash?
Strange question, but still. )
Against BTC, Dash almost did not grow. What can not be said about the USD
At Bitfinex, someone managed to sell for 96.75 usd as many as 136 coins.
In general, 20% do not roll on the road. Be careful.
Remember! Trader’s income is not guessing the direction, it is a search for market deviations from the balance.