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Author Topic: Tradebot detecting -- A How To Manual  (Read 686 times)
Minsc
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September 12, 2011, 08:06:14 PM
 #1

The price appeared to tank and the buywalls vanished.  Instead what happened was someone hid their buywall.  When it gets to $5.81, they buy up to 5.88.

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Spekulatius
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September 12, 2011, 08:15:24 PM
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Nah mate, thats just a common resistance, thats why have these brakes in the 5.70s as well. Take a look at some historical chart from yesterday and youll find that resistance around 5.80 as well. Actually made me put up a theory about some "market resistance memory". That would be what we see here: a de facto resistance with no actual buy wall. Just in place, because it has been yesterday as well. Just a quick thought on that.

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