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Title: Unballanced ratio in PTS Post by: xiubaka on January 06, 2014, 10:48:17 PM Could anyone clarify me a question, please?
When exists an unballanced ratio between bid volume and ask volume (bid volume >> ask volume ), could this bring about a prize rising? http://www.cryptocoincharts.info/v2/pair/pts/btc/cryptsy/10-days (http://www.cryptocoincharts.info/v2/pair/pts/btc/cryptsy/10-days) Thanks Title: Re: Unballanced ratio in PTS Post by: Gentlemaniac on January 07, 2014, 12:08:15 AM Just an unbalance in the order book doesn't say much.
Yes, it's easier in this case for the price to go up, but there might be more selling pressure than buying pressure. To predict the price you need more factors, and combine them. |