Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
GetYourShineBox
on 24/04/2017, 12:08:09 UTC
Funny note about XEM price, it's wanting to push forward but there is one guy holding it back, he constantly has sell wall at 2600 satoshi and once it's bitten he follows the progress with 3-stage dump to cause panic and buy back lower, if it continues to raise 2700-2800 level he will dump 75btc and then follow it with 2-3 gradual sell on buy walls to cause panic. hes total stack for all of this is ~150btc so he is trying to control the market. I assume he has maybe ~300btc worth of XEM total. At 2200-2400 level he tends to buy back and repeat. It's funny to see if market read this and reacts to push through his dumps to 3000+ levels so he might get a FOMO and end up buying higher, but for now hes strategy is working perfectly. I'm just saying, if you have stack don't be afraid, the walls are being manipulated with dumps past week very hard to not go above. The direction is forward. Also pay attention to XEM graph that it is very very stable past month with not a seemingly increase in matter of %, it's been very stable, in cryptos before a bigger dump we have a bigger raise, so XEM for now is very very stable to get in and push forward.


http://imgur.com/a/py7lB