Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
blackreplica
on 12/07/2013, 14:56:43 UTC
I'll let the walls speak for themselves



is that a wall on 70?
the ask wall on 110 is clear, but the bid walls are not so clear... its a scary slope

There are almost insignificant 'major' walls at 70 and 80 and thats pretty much it

Having said that...I do not think a whale is dumb enough to dump big amounts of coins into thin bids like that. Unless:

1) He was trying to cause a panic

2) He felt that buying pressure is well and truly exhausted

3) He felt that a rally is imminent out of the question without his intervention