🔅 Triangular Arbitrage: $IOST (Internet of Secured Things)
📈 Here are 3 different charts of $IOST paired with $USD, $BTC and $THB, to compare the evolution and correlation between each pair.
🔹#IOSTBTC / 216-day / +19%
🔹#IOSTUSD / 166-day / +60%
🔹#IOSTTHB / 166-day / +50%
(Pair / Downtrend Line / Bottom Recovery)
👉 We can notice in the 3 TAs, this bearish trend line between 166 and 216 days which was only broken in $USD
👉 The price recovery from the bottom shows +19% for $BTC, instead of +50% and +60% for the other 2 pairs.
As I am limited by the number of characters in each Telegram post, I will add more info later...
📈 Here are 3 different charts of $IOST paired with $USD, $BTC and $THB, to compare the evolution and correlation between each pair.
🔹#IOSTBTC / 216-day / +19%
🔹#IOSTUSD / 166-day / +60%
🔹#IOSTTHB / 166-day / +50%
(Pair / Downtrend Line / Bottom Recovery)
👉 We can notice in the 3 TAs, this bearish trend line between 166 and 216 days which was only broken in $USD
👉 The price recovery from the bottom shows +19% for $BTC, instead of +50% and +60% for the other 2 pairs.
As I am limited by the number of characters in each Telegram post, I will add more info later...