Pair Trading👇

Sector: GAMING

I am going long on the cross-rate pair: APE/IMX

Long - #APE

Short – #IMX

Asset Indicators:

Cor: 0.871

Beta: 1.239

The beta coefficient is the "strength" of the current coin's reaction to the movement of the index coin. The current value shows that if the price of APE changes by 1%, then IMX will change by 1.239%.

The Z-coefficient of this pair shows that the current statistical deviation is abnormal.

I saw confirmation for the coin IMX in short.

– the price on purchases has stopped leading to growth

- the balance of market orders and limit orders has begun to decrease towards sellers

Remember, this is not a financial recommendation ❌

#tg_qelir

#platformResonance

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