Market Dept on Magic of the Gathering Xchange is looking MUCH MUCH BETTER. I am no longer worried about a continued down turn here.
The buys have really picked up and are actually matching sells within +- $5 at this range. Showing some support.
All the things that the bitcoinchannel.com goes over I just checked and it's looking pretty good. Glad I didn't sell any today. Brother Rampion had me worried
But I am still watching closely!!!
Also, we are sitting right no our 100ema.
The buys have really picked up and are actually matching sells within +- $5 at this range. Showing some support.
All the things that the bitcoinchannel.com goes over I just checked and it's looking pretty good. Glad I didn't sell any today. Brother Rampion had me worried
But I am still watching closely!!!
Also, we are sitting right no our 100ema.
Ema or not., the passing above 100 is not inspiring confidence. The more i look at the trades,the disappearing bids and painting jobs the more i'm confident it will not stay long in the triple digit range for the coming days/hours..
But the bids are turning around. Are you talking about as we moved down? Well, those bids always disappear on the way down.
Seriously, the market depth is looking much much better. Yes it can be manipulated though.
My feeling and thoughts are that we don't drop below 100 anytime soon. I know I might be wrong, just please don't taunt me and I won't taunt you (much) if we stay above 100.
Of course if the volume dries up and we start that sideways movement again, I will become careful. Should have sold a small position at 130 to be safe...
Yes its calm until there is a big dump of 6k that the order book can't absorb without causing small panic and distrust. currently 2800 btc to 100.
The last uptrend move, there was a bid of around 2k btc just to make others eat a 1k wall at 106 or 107. When eaten the bid wall vanished.
