[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 1.17 MB, 1300x867, 1475464281010.png [View same] [iqdb] [saucenao] [google]
5880638 No.5880638 [Reply] [Original]

I WANT TO LEARN
How do sell walls/buy walls indicate price?
How does percent difference between the buy/sell price indicate anything? What does the depth of a candlestick mean? GIVE ME RESOURCES BIZ

>> No.5880709

>>5880638
"technical analysis" is a voodoo science and as reliable as flipping a coin. stay away anon

>> No.5880896
File: 169 KB, 1920x942, addd268e05b447fd6c669e9ab4b94a6c.png [View same] [iqdb] [saucenao] [google]
5880896

>>5880709
There has to be something to it though, because I don't understand much at all. Look at this graph on ENJ, which I am considering going all in on. I see a huge buy wall. Shouldn't that mean theres a ton of demand for it, albeit at lower than current prices? Not a lot of people selling. The price should go up then right? Is there a good book on technical analysis, if only for understanding the imperfect theory behind it?

>> No.5881169

>>5880896
HOLY FUCK SOMEONE JUST PUT IN A 10 BTC BUY ORDER HOLY SHIT SOME WHALE IS GOING IN