Its so simple to detect such wash volume pumps - they "bought" ~6k coins on okgox within 15 minutes (wash volume bots), but look at buy support there: ~700 btc to fall lower then pre pump level. Wise taders has figured out that shitty chinese scheme long ago, this week we're gonna see 200$ retest due to Storch RSI being in highly overbough zone.
Sure if you look at bid support it might look low. But bid support on okcoin isn't always on the books. One nice thing is that okcoin has a ton of algo orders like TWAP and Iceberg that buys in small amounts.
Yes, its called wash volume due to bots usage, ask yourself, why someone should by such large amounts of btc instantly on okgox pushing the price while he can buy 1/3 on okgox, 1/3 on goxobi and 1/3 on btcchina instead? They always use okgox/goxobi wash volume bots to pump a price to the resistance levels before a dump, it wont go above 1760 cny, the only goal of such fakeouts is to force other exchanges to cancel shorts/place more fat buy support before they dump. Same scheme over and over again.
Chinese pied piper command to his lemmings to place buy orders to let him dump later. Wash cinese volume ftw. Follow your ruler, lemmings, dont think.

