Author

Topic: Does this volume look natural? (Read 101 times)

full member
Activity: 434
Merit: 246
September 16, 2018, 12:48:05 PM
#3
The coin has high liquidity & these are daily volume candles.

Does this volume look natural?

It is hard to tell because, as far as I can see, the linked image doesn't really show the label and ticks on the y-axis.  So we don't know what the largest histograms represent, they could represent 100 BTC or 0.01 BTC.

In any case, it is hard to talk about volume in the crypto world. A good deal of it is artificially inflated.

Edit. After magnification, I can see that the y scale goes to 10. So I assume the top of the y axis is 10 BTC. Now the next question is what coin we are talking about? And what the x-axis represents, minutes, hours, days?
sr. member
Activity: 615
Merit: 258
September 16, 2018, 12:37:27 PM
#2
Too much of crypto is very unnatural. It is because of the launching of too many solidity project given by different ICO's to promote their project and let other people create their own project. And because of this project the market is very crowded now. If we talk about BTC volume maybe it is because of the past hodling that has been sell last months plus the mined BTC. Maybe it is the reasons why its volume was not looking that natural.
newbie
Activity: 1
Merit: 0
September 16, 2018, 07:04:38 AM
#1
The coin has high liquidity & these are daily volume candles.

Does this volume look natural?


https://ibb.co/e3dznK
Jump to: