/biz/ - Business & Finance

Anonymous Mon Jan 15 17:06:37 2018 No.6498216 [View]
File: 73 KB, 1349x710, UTKSupression.png [View same] [iqdb] [saucenao] [google]

>>6497896
The soda can analogy only works for coins that are only available on 1 exchange paired with immense hype, allowing the whales to halt pumps. DBC currently has little hype and is on a downtrend so no suppression is needed.

Pic related is a good example of price suppression. UTK was going to moon hard but a huge sell wall was stopping it. Notice how the candles keep "bumping" their heads against an invisible line. That was a huge ass sell wall keeping the price down. Once it was lifted the price shot up.

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