Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
Bid Sum is almost at all times high. Last time this happened we went to 160.
Have we left the racy moves behind and are now turtley going up, or will some tiny positive news ignite a rocket?
Have we left the racy moves behind and are now turtley going up, or will some tiny positive news ignite a rocket?
But ask sum is higher than last time. Still I think, we will go up.
The bid sum is interesting. According to the chart, the sum rapidly declined from a similar high point during the drop from $145 down to $80.
It will take volume to consume the walls constituted by those bids. We are witnessing very low volume.