RE: EOS Technical Analysis: WANTED: VOLUME (NEW MONEY)

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EOS Technical Analysis: WANTED: VOLUME (NEW MONEY)

in cryptocurrency •  6 years ago 

Thanks workin2005 - love your content!
What kind of persons, entities are the so called Marketmakers in your opinion?
Keep on workin!

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Thanks for the kind words @alpacho78.
When I refer to Market Makers, I'm referencing whales on various exchanges that drive price in one direction or another. They often do this by putting legitimate orders on the books, or false order walls (only put up for show, but never executed) to create a perception of reality. Sometimes that perception is accurate, other time's it's not. Remember, trading is a zero sum game. For 1 person to win, someone else must loose.

Thank you very much!

My pleasure.