edwardspitz
Sr. Member
****
Offline Offline

Activity: 546
Merit: 250


View Profile Personal Message (Offline)

Ignore
June 03, 2014, 09:20:22 PM

Volume has declined a lot everywhere, but especially on the Chinese exchanges. Houbi's order book does not look too healthy. OKCoin looks better. At Kraken someone placed a comforting bid wall that keeps getting topped up every time someone dumps into it. Whoever placed it there either has inside info. or is feeling charitable. Without that wall I'm sure price would have crashed some time ago. Stamp had another failed go at $680, but continues upwards right in the middle of the triangle it is currently sitting in. Someone said silence before the storm...