Author

Topic: Please explain me this pattern on graph (Read 97 times)

newbie
Activity: 13
Merit: 0
July 09, 2019, 01:33:14 AM
#1
Hello,

I am trading btc on bitstamp. If you check the 1minute graph or 5 days graph (image below) you can see that the increase of price is always in few seconds / minutes. Price is oscillating some time and then suddanly rush up or down in 3/4 large green/red candles and then again oscillating on this level until new rush/fall will come. Do you know why this happen? is it because in that moment someone buy/sell larger amount of BTC. It is really not very practical, as if I do not catch this rush up I miss a chance of good buy.
https://imgur.com/ZE8j8Nz
https://imgur.com/omOaVhR

thanks
S.
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