Food For Thought.
I want you to pay particular attention to what price the triangle ends at on the first photo then I want you to pay particular attention on the link I provide what is sitting at that exact price.
Now Look At This:
http://bitcoincharts.com/markets/mtgoxUSD_depth.html
I want you to pay particular attention to what price the triangle ends at on the first photo then I want you to pay particular attention on the link I provide what is sitting at that exact price.
Now Look At This:
http://bitcoincharts.com/markets/mtgoxUSD_depth.html
I'm looking, but I don't get it.
Since quite a few are doing/following the same analysis, manipulators are trying to influence movement there according to his position (long/short). It may be an attempt to break it downwards, or conversely, buy it up on his own and initiate an upwards momentum.
Very interesting observation.