Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Looks like they're not seeing the mystery candles for 10-80k coins happening in china with clockwork regularity, nor the repeating orders on bitstamp that barely move the price, nor the complete dearth of action in the intervening periods.
To use raw volume numbers reported by the unregulated exchanges as the sole basis for a trade sounds to be something other than "experienced".
To use raw volume numbers reported by the unregulated exchanges as the sole basis for a trade sounds to be something other than "experienced".
Exhibit H:
There is something unnatural about this picture. Your guru ended up being correct, but they used a somewhat tainted indicator.