Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
rdsc
on 13/06/2013, 20:50:46 UTC
It's just lo-fi pattern recognition, but every time things have flattened out like this in the last 3 weeks we've dropped - this is tracking Goomboos 10/21
http://s11.postimg.org/d8aicwl83/Screen_Shot017.jpg

Looking forward to the weekend Smiley


some tried to swim with the big fishie on the 7th, but he played on the 9th... so yeah, maybe Sunday this time, unless... not Smiley

My take is that I think the Whales know they're running out of time - not just because of difficulty and the Asics, but because of China.  Obviously I know that the chips are made in China - but the market was made in the West - if adoption picks up in China then a lot of people with a different attitude to the dollar (and less "play" money) may start to discipline the exchanges.  Just guessing Smiley