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How to make money on Arbitrum?Arbitrum is one of the most anticipated and discussed projects of 2022 and 2023. The Arbitrum network is already fully launched and many users are waiting for the release of the network's native token. In addition, the Arbitrum ecosystem is actively growing and developing, with many projects appearing literally out of nowhere, capturing the market and attracting huge liquidity. But the main question for all traders is how can we make money on it? How to make money? All projects on Arbitrum, including Arbitrum itself, will have their own native tokens sooner or later. The more popular Arbitrum is, the higher the potential value of the Arbitrum native token and native tokens of projects that are built in the Arbitrum ecosystem is. This is the most important thing for us. The main task of a trader is to find the most promising projects on Arbitrum, keep track of when the token appears and look for profitable trading opportunities. Considering that our reader already has a trading strategy and knows how to trade, our goal is to tell you about the most interesting projects that you can make money on. Prospective projects with a token 1. $GMX – a decentralized futures exchange 2. $GNS – margin trading 3. $DPX – on-chain options 4. $MAGIC – a gaming ecosystem 5. $VELA – a decentralized futures exchange 6. $RDNT – an omnichannel credit protocol 7. $MVX – margin trading 8. $GRAIL – a decentralized exchange 9. $PLS – a liquidity market 10. $VESTA – a loan protocol 11. $PREMIA – on-chain options What to do next? Search for good trading opportunities Look for promising new projects on Arbitrum Stay tuned for news on the launch of the Arbitrum native token Check our ideas about ZK Narrative and Asset tokenization trend Tell us what do you think about Arbitrum in a comments section Additionaly, write down in the comments section what narrative are you interested in the most: ZK, Asset tokenization or Arbitrum. We will prepare more detailed info about it for you! Thanks
by Samura0x
8
MAGICUSDT 4HMAGIC went through an accumulation period, ranging between 0.03714 and 0.04768 and soon started Elliot wave 1, formed 2 , 3 and is heading to finish wave 4 to explode to 5. I'm watching MAGIC hold above the 200-day moving average. Which is $0.04310. This is a critical level, that is, a powerful support that we cannot leave unnoticed. Here are the supports and resistances in the 4H: Main support levels : 0.05379 /0.04768 / 0.04310 Main Resistance Levels :0.05884 / 0.06289 MM200: At the height of 0.04310 MAGIC is the currency of the Treasure ecosystem that serves as money between the metaverses within the common economic layer, it was designed to be increasingly scarce as it weaves an ever-growing web of narrative bridges within the Treasure metaverse ecosystem.
by ferulianov
MAGICUSD Nearing August Resistance, may be last buy opportunityThe Magic token (MAGICUSD) is living up to its name and is rising aggressively within a Channel Up. That pattern was formed after it made a Double Bottom on November 09 2022. It has turned the 1D MA50 (blue trend-line) into Support, which was successfully tested but right now is approaching the first important Resistance of this uptrend, nearing the 1.6100 level (August 10 High). A pull-back there to re-test the 1D MA50 could be the last buy opportunity before the 3.500 - 4.200 range, which is Resistance 2 (and April 02 High). We can determine price highs when the 1D RSI forms Lower Highs (Bearish Divergence), in contrast to the price's Higher Highs. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:MAGICUSD
by TradingShot
4
New month, who dis? 1d/4h with +/- 10%, 25%, 50% vola filter 🌭The What: 
1d chart on left shows +/- 10%, 25% and 50% levels based on the monthly atr (roughly 450 pts) and the 4h chart on right showing +/- 10% and 50% levels based on the wkly atr (roughly 186pts). 
 The Why: 
+/- %’s levels serve as vola filters to map directional trend of a move within a given range, as well potential markers to gauge an extension in pa. Levels can also be used to identify pivots within wkly/mnthly range. 1d chart on left showing pa above hma sup, with next cycle on hma and dmi being bullish. DMI also shows no hh on di- since 1d close @ 4292, thus presenting a bull div. Break above 4188 (1d hma rt) and Indies will roll into bull x. 

 On right, 4h showing bull div on dmi, with next cycle on hma and dmi also pending bull x. 

Stay above 1d sup @ 4110 and 4h sup 4094, and pa to push upside for marginal pump towards wkly rt @ 4280. 

 Algo pivs enroute to wkly rt: 4172, 4179, 4194, 4266, 4277 with 4299/4303 as feasible extensions on the wkly atr. Mind the 200 hma on 4h (currently @ 4227) for safety, and never be the last one out. 

 Current bias: Bullish on 1d, Wkly still bear unless it sustains 4301. 
Live chart showing 1d/4h levels based on monthly and wkly atr, to be updated wkly after 1st 8h candle from Sunday open. 
www.tradingview.com 

Live chart showing major algo pivs upside to ath and down to pre covid rt (and lower for giga bears) on 4h (updated daily, i mean, hopefully, daily, yah alright, updated daily.) 
 www.tradingview.com appreciate the risk. 🎲
CME_MINI:ES1!
by iSovereign
7