ronfkingswanson

actively lowered ask wall + new bid walls = ridiculously tight

Panjang
BTCE:LTCUSD   None
1
half-dozen attempts to get near the $24.0 ask wall have been met with active resistance, including a dynamic buffer wall that prevents getting up to 23.9 anymore (it's removed when the buy pressure subsides and goes back to 23.6-23.7, while the 24.0 wall stays put). Additional walls appear at 23.9 and 23.95 when rally is persistent.

Earlier today, a bid order for 120,000LTC appeared briefly just under the secondary defense line. There was little movement, and eventually the bid was yanked. Seems a very big whale decided to swim up and sniff around...
Penafian

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