Orderbook looks like shit..no support!
maybe if we paint a double bottom though
maybe if we paint a double bottom though
The manipulative character of the ask side is visible all the way here..
I would not be too scared of the weak bid side, it's proven many times that you can sell XMR low, but buying it low is a more difficult thing to do
I am far more interested in the what is going on with development; in particular the ever widening gap between the tagged 0.8.8.6 build and the current builds in master, https://github.com/monero-project/bitmonero, than in the order book. These fundamentals do not look good for the Monero bears at all.
Edit: The current blocksize issue in Bitcoin, may provide some short term solace to the Monero bears, but this will likely be at the expense of some medium and even long term pain.