/biz/ - Business & Finance

>>27537822
>>27538093
https://youtu.be/PtL1ncFPWns
Lot of other short explanations on YouTube. Red is limit sells at different price points and green is limit buys, adding cumulatively to the top volume shown on the Y axes. Walls represent prices where a very high number of buy/sell orders are placed, and are therefore more likely to “bounce” the price off. Doge moguls are setting up massive millions-coins sell points right above the current value, then setting up equally large buy orders right below it, basically penning the price at a fairly static level. Plus people in general like whole numbers and tend to set limits there. 0.04 is the big one, and if demand is so high that it goes past 0.045 we’re officially on the next leg of the mission.