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Title: I just noticed something on the 1 month chart.. Post by: ElectricMucus on April 07, 2013, 02:45:06 PM Title: Re: I just noticed something on the 1 month chart.. Post by: bitarrow on April 07, 2013, 03:09:43 PM someone cashing out responsibly?
Title: Re: I just noticed something on the 1 month chart.. Post by: fabrizziop on April 07, 2013, 03:12:59 PM Mt.Gox was under DDOS that time, people couldn't panic. Although that means next selloff will be huge.
Title: Re: I just noticed something on the 1 month chart.. Post by: BTC Books on April 07, 2013, 03:40:16 PM I noticed that too.
I think it's Pavlovian. People were trying to front run the next dump - and got played. There's some good traders in bitcoin. Title: Re: I just noticed something on the 1 month chart.. Post by: A_Free_Man on April 07, 2013, 05:36:17 PM Hack MtGox servers
Post Closing down message ??? Profit Title: Re: I just noticed something on the 1 month chart.. Post by: Canaanite on April 07, 2013, 06:06:01 PM Mt.Gox was under DDOS that time, people couldn't panic. Although that means next selloff will be huge. Yeap, hackers are trying to cause panic in order to sell high and buy low Title: Re: I just noticed something on the 1 month chart.. Post by: PrymeTyme on April 07, 2013, 07:13:52 PM those are signs of strenght ...
as u see traders buy into weakness .. the high vol. resulting in no downward progress tell us just that.. i mean look whats happened there ,we traded lower but closed near the highs all the time .. u could call that shakeouts ... get rid of weakholders so to speak cheers https://i.imgur.com/HXYAGjX.png Title: Re: I just noticed something on the 1 month chart.. Post by: BitcoinTate on April 07, 2013, 07:27:34 PM That is where all the panic flash crashes have occurred. A quick crash has followed every big price jump.
Title: Re: I just noticed something on the 1 month chart.. Post by: Elwar on April 07, 2013, 09:02:21 PM I would say that someone photoshopped those black arrows. I do not think it is part of the original chart. Good enough explanation? Title: Re: I just noticed something on the 1 month chart.. Post by: ElectricMucus on April 07, 2013, 09:15:05 PM This is not a contest for the most stupid attempt at a witty response! :D
Title: Re: I just noticed something on the 1 month chart.. Post by: ehoffman on April 07, 2013, 11:22:54 PM Simple, the 1st 3 events, people panic and sold/bought in 10 minutes, hence the high volume. Last sold/buy occurred slowly over a few hours, no real panic, so the volume is there, but much more spread out. If you take the "energy" of the first 3 spikes, and compare to the 4th sell/buy over larger time period, I'm sure you get the same... :)
Title: Re: I just noticed something on the 1 month chart.. Post by: ElectricMucus on April 07, 2013, 11:47:54 PM Simple, the 1st 3 events, people panic and sold/bought in 10 minutes, hence the high volume. Last sold/buy occurred slowly over a few hours, no real panic, so the volume is there, but much more spread out. If you take the "energy" of the first 3 spikes, and compare to the 4th sell/buy over larger time period, I'm sure you get the same... :) Yes that makes sense. But it still doesn't explain why it took so long this time. Title: Re: I just noticed something on the 1 month chart.. Post by: ||bit on April 08, 2013, 01:32:53 AM You have an explanation? If there was any real meaning to a trend. The trading volume may have simply got split between two hour bars. Just add up the two red bars below where your arrow is pointing. Consider that the prior volume spikes were decreasing in size over time. They add up to about the volume one might have expected if the trend was thought to be significant or meaningful. |
