On balance volume indicator

in #crypto6 years ago

While checking up some of my tokens on idex.market today, I scrolled down to their notice section and saw that they are delisting coins as well.

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This is the recent new.

This is worrisome to conceive, that a decentralized exchange can delist a coin. This means that the coin must be really shitty. Since any coin can be traded on the decentralized exchanges just by adding their contract address.

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The only information showing the name of the coin is this picture below.

In this crypto space, I am opening my mind to basically filter the news. This is because there is news for the classes and there is news for the masses, in the same message.

There was a fud on tether on monday and this gave a lot of premium purchase on the stable coin and consequently drove the BTC price higher. However, I am poised to believe that the fud was to provide usdt liquidity at a cheaper price to smart money. Definitely, the people that panic sold their usdt will then buy it at a higher price.

The video below shows how the institutions fud the market to get their orders filled at cheaper price.

I implore you to watch it.


This will change the way you think about the market.

Also, I have been trying to improve my TA and market understanding. I came across this great channel while searching for video on OBV(On balance volume indicator). He really has good videos and its a great channel to watch for most market entry and exit strategies. You will be happy you did.

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