This is good for ETH, yes?
>>2438121
Quite
Just watched a shit ton of sell blocks switch to buy in a flash right before $390. $425 imminent.
>>2438121
No.
Fake buy walls and depth like this is used to pump the price on one side so they can dump on the other. It gives the impression that there's a lot of buy support so guys like you get excited a keep buying. IN the meantime the whale/s are selling on the other side.
Or once the buy volume gets deep enough they just dump. It can also be a lot of exit positions for shorts. People who have been shorting the last few days then open a buy order at their target price.
Look at 30m - 2hr trade volume. Its dwindling which isnt a good sign.
>>2438236
>Its dwindling
It's on motherfuckers
Should just let you dumb fucks lose your money.
Smaller and smaller tops on less and less volume = your fucked
>>2438121
Looks gud
>>2438310
wat do?
>>2438329
Hold, it'll correct and stabilize
>>2438310
whats this mean
>>2438343
People are selling
whats a good buy and hold price right now.
375 or will it fall below 350?
>>2438395
retard alert
Don't listen to this fudder lol, what he said doesn't even match the graph. It's clearly stabilizing to launch
>>2438310
But isn't this ignoring the reason why it rose in the first place?
I also believed it would fall soon. I'll be impressed at the audacity of people who buy enough to cause a rally at these prices.
>>2438571
there were few newspaper articles in EU market
Why are half of the sales posted at the exact same second? And why does it keep happening?
>>2438571
why did it raise in the first place?
>>2438628
bots probably
>>2438661
I was suspecting someone of manipulating it. But it seems to be consistent on most (all?) trades.
That doesn't necessarily mean it's not happening, but it's at least normal.
>>2438628
Someone bought all of them at once by dragging the price down then placing a buy order above the market price which automatically buys everything below it at the posted price
>>2438705
Oh, it's 'history', not orders. Thanks. Still a pleb.
>>2438628
some bot unloading a lot of eth
>>2438746
Bancor sheeps gave away over 390,000 ETH. Expect them to sell some to pay for salary, bonuses and fund some "business" trips around the world.