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Can anyone explain whats going on here? I've never seen

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Thread replies: 13
Thread images: 1

File: RDD Candles.png (70KB, 1851x475px) Image search: [Google]
RDD Candles.png
70KB, 1851x475px
Can anyone explain whats going on here? I've never seen so many consecutive identical candles.
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>>2571614
The coin has a low sat value, and changes are usually just up or down one sat, since it can't be divided further.
>>
>>2571639
This and also it's bots keeping the price low.

If you stare at bittrex chart for a couple day, you'll notice random huge buy/sell walls
>>
1 or 2 sat price change
>>
Because 1 Satoshi is the smallest value in crypto.
There's nothing between 0.00000067and 0.00000066.
>>
>>2571614
It's literally trading back and forth between 4 and 5 sats. How new are you?
>>
>>2571614
Most traders call this the "accumulation phase". Sellers refusing to sell at a loss and buyers wanting to buy for as cheap as possible. So the tug of war keeps the price static for now. Healthy sign of possible lift off because no one's wanting to sell below this price.
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>>2571671
10 days. I've just never seen such a tight range hold for so long on any other instrument.
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>>2571650

This. Noticed a 76 BTC sell wall yesterday.
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>>2571677

This too

Glad you're learning
>>
>>2571726
its the volume and the price
>>
When can we expect 100 sats again? Never?
>>
Probably because wojak is a simple replacement that's being used unlike RDD
Thread posts: 13
Thread images: 1


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