Bitcoin Forum

Other => Beginners & Help => Topic started by: Tempered81 on November 27, 2013, 10:14:07 PM



Title: How do I interpret Wall Observer images?
Post by: Tempered81 on November 27, 2013, 10:14:07 PM
How do I determine what the so-called "wall" is in these images?  Why is the wall relevant?  I've been following the btc wall observer thread.  Thanks

https://images.weserv.nl/?url=i.imgur.com/XuOatWU.jpg&fnr


Title: Re: How do I interpret Wall Observer images?
Post by: nahtnam on November 27, 2013, 10:48:38 PM
I guess its multiple graphs each for different exchanges? You can see the prices for all of them and compare the trends? I see no point in this since most are just going up. They will always be around the same price.


Title: Re: How do I interpret Wall Observer images?
Post by: Tempered81 on November 27, 2013, 10:54:18 PM
Thanks for the input.  I'm curious of a definition of the data in the graph.  I'm not sure what the two lines forming the giant "V" shape represent, and what the squiggly green line between them means.  I assume it's ask vs. bid / buy vs. sell and the green = ratio between the two or liquidity/volume?

Maybe someone can help. thx


Title: Re: How do I interpret Wall Observer images?
Post by: nahtnam on November 27, 2013, 11:32:04 PM
Thanks for the input.  I'm curious of a definition of the data in the graph.  I'm not sure what the two lines forming the giant "V" shape represent, and what the squiggly green line between them means.  I assume it's ask vs. bid / buy vs. sell and the green = ratio between the two or liquidity/volume?

Maybe someone can help. thx

Im not sure. It would be helpful if you could also provide a link for us.


Title: Re: How do I interpret Wall Observer images?
Post by: jojo69 on November 27, 2013, 11:34:27 PM
its a secret and we're not telling you