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Author Topic: Technical analysis Predictions etc can tell regarding this ?  (Read 87 times)
DashingAgent (OP)
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August 23, 2019, 02:56:22 PM
 #1

Trading in this pair has been stopped https://www.okex.com/spot/trade#product=hmc_btc and the volume has been reduced to 200 million to just 3.2 millions, does what it indicate ? has the whales left the market or it is rejected by the community ? there are many pump and dump signals on chart, what do you think, market is going to collapse or anyone just manipulating it ?

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DashingAgent (OP)
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August 23, 2019, 05:53:49 PM
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Maybe there is less activity going on with the project and investors could be sensing something unusual. It is certain that if activity reduce, volume will decrease because whales will go off . Maybe this is possible the issue.


There are many groups of whales, if a few will leave then many new will be entered. thats not the matter, I think they are just taking the positions to buy in dip.

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August 23, 2019, 06:03:35 PM
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Trading in this pair has been stopped https://www.okex.com/spot/trade#product=hmc_btc and the volume has been reduced to 200 million to just 3.2 millions, does what it indicate ? has the whales left the market or it is rejected by the community ? there are many pump and dump signals on chart, what do you think, market is going to collapse or anyone just manipulating it ?
With those differences in numbers then its clear that this one is just a pump and dump.Several do recover but mostly do end up on being a shitcoin when
the community doesnt already support such coin. No technicals can predict these p & d things.Manipulation is quite common in this market so theres nothing
to be shocked if you do see these kind of events.

R


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August 23, 2019, 06:23:30 PM
 #4

Trading in this pair has been stopped https://www.okex.com/spot/trade#product=hmc_btc and the volume has been reduced to 200 million to just 3.2 millions, does what it indicate ? has the whales left the market or it is rejected by the community ? there are many pump and dump signals on chart, what do you think, market is going to collapse or anyone just manipulating it ?

Looking at its weekly chart, it can still consider as good for day or short term trades. And what do you mean by "stopped"? I see that there's a data in a 24H chart. However the same behavior as most of the altcoins today.

Don't know about some stuff circulated around that coin but since you mentioned that you saw lots of pump and signals on this coin does mean that this coin is part of those hype coins that dragged people on buying it. However, looks like their signals are not working anymore or many got wreck that's why what's left are those big whales who are just waiting for another wave.

For more reference, try to communicate in their main channel at any platform if there's any.

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August 23, 2019, 06:29:40 PM
 #5

The "market maker" turned off their bots. I have seen this in Bittrex and Poloniex long ago. Trading bots buy and sell repetitively with small profits and when you accumulate these small profits, it is substantial enough.

I believe the bots are deactivated because there are no real traders in that market. Let's just say no one is trading it. I don't know if it's a pump and dump.

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August 23, 2019, 07:16:51 PM
 #6

Trading in this pair has been stopped https://www.okex.com/spot/trade#product=hmc_btc and the volume has been reduced to 200 million to just 3.2 millions, does what it indicate ? has the whales left the market or it is rejected by the community ? there are many pump and dump signals on chart, what do you think, market is going to collapse or anyone just manipulating it ?
The sudden decline in the volume from 200 million down to 3.2 million is a sign that those behind the market movement were really people but to me it seems they are bot and maybe since they tried to induce people and end up with no positive response they choose to put the bot off for now.
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