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Guys, theres something strange happening with ARK atm.

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Thread replies: 23
Thread images: 4

File: ark.png (29KB, 1162x502px) Image search: [Google]
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Guys, theres something strange happening with ARK atm.
Whales prepare to moon?
>>
>>2415655
Welcome to the past weeks of some of our lives.
>>
>>2415655
It's been like this for at least a week.
>sell walls go down
>price increases to ~35k at best
>sell walls are put back up
>panicsell.jpg
>price is back at 32k or lower
Repeat until whales decide they have enough to let it actually pump
>>
>>2415676
>>2415703
so ARK is just another pump and dump shitcoin?
>>
>>2415737
Get reading comprehension skills and return.
>>
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>>2415737
all of them are anon
that's the ultimate nog pill
>>
>>2415655
I had a low ball order and it all got snatched up. Someone is buying very very low and at a mass scale. Shook
>>
>>2415737
It has good fundamentals, so whales want in on it too. It'll probably be a good long term hold, but whales are in charge of what happens for now.
>>
>>2415655
Once SKYNET has amassed all the coins, the tides will turn and they will pump this shit to the moooon. and then dump again and everyone will be screaming.
>>
>>2415779
NIGEL I...
>>
>>2415703
Yeah I saw that, just thought it would break out now. They whale must have accumulated a shit ton by now.
Best thing to do now is swim with his waves and get more ark

We will make it
>>
>>2415885
Coins that are manipulated like this are pretty good for daytrading. Whales will continue for as long as people keep panic selling.
>>
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>>2415655
How to actually read this graph? On the x-axis I see price in bitcoins but what is y-axis? What does these walls actually mean? As far as I can see red and green is meeting at the current price, right but why does they move towards each other? I tried to google this shit up some time ago but couldn't find anything useful.
/biz/ show once that you can be useful, here's a qt for you.
>>
coins that are being manipulated and will continue to be: sia, waves, strat, ark, xvg
>>
>>2416231
Until the whales decide that they have enough, and it's time to make it go 20x
>>
>>2416312
Sure, but you shouldn't expect anything soon. They can fuck around and accumulate for weeks on end.
>>
>>2416152
Ok, I see, these are sell orders, right? So I can estimate dynamic of the interest from that graph right?
>>
>>2416152
The y axis is the size of the buy/sell orders at each price point in btc. Green is buy and red is sell. So for example, at 25k sats, there's about 17-18 btc worth of buy orders.
>>
>>2416152
>>2416543
Oh, and it's the sum of buy/sell orders. So essentially in order for the price to go below 25k sats, someone would have to sell 17-18 btc worth of ARK down to that price.
>>
>>2415655
>coin is green
>I sell
>coin is red
REAL S H I T
>>
>>2416488
Well yeah, but if you're trading in crypto one of the most important things to know is how to HODL, as long as it's actually a good coin and not KIDS or some garbage
>>
>>2416152
It's a breakdown of the volume in terms of buyers and sellers. Some anon had a bunch of examples last week and an explanation of what they "mean" here's hoping he pops in with some insight. I understand how to read them but I can't really explain it
>>
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>>2416598
>>2416564
>>2416543
Thx guize ;3
Thread posts: 23
Thread images: 4


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