EOSLong
Are they Fading EOS?
Approximately 25% of the volume in the last couple of days has come in three 15 minute candles overwhelmingly as sell volume.
Binance and Bitfinex showed a similar pattern to Coinbase, but not as extreme.
Can anyone think of a reason for this much volume all one way, other than a way to fade the price on the cheap?
If you wanted to keep the price down, would there be a more economical way?
At least in the case of Bitcoin and Ethereum on Coinbase, there is no correlation to the volume - that is the person in question was not selling to buy bitcoin with the proceeds, at least not immediately
https://www.tradingview.com/x/2magf0Si/
Binance and Bitfinex showed a similar pattern to Coinbase, but not as extreme.
Can anyone think of a reason for this much volume all one way, other than a way to fade the price on the cheap?
If you wanted to keep the price down, would there be a more economical way?
At least in the case of Bitcoin and Ethereum on Coinbase, there is no correlation to the volume - that is the person in question was not selling to buy bitcoin with the proceeds, at least not immediately
https://www.tradingview.com/x/2magf0Si/
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.