That makes no sense.
Just because a bot is buying small parcels does not mean the price will drop.
It IS buying, after all.
It is providing support without driving up the price too much by shocking everyone with a single big order, but there is no sensible way that buying can cause the price to fall.
It sounds to me that whenever the price retraces a bit, everyone yells "Blame the bots!"
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.55M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $18 | 1.478K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 812971 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 498309 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 812971 | 0.011 |
2 | 1300000 | 0.010 |
3 | 636111 | 0.009 |
2 | 562620 | 0.008 |
5 | 975102 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 498309 | 3 |
0.013 | 1380000 | 4 |
0.014 | 200000 | 1 |
0.015 | 928798 | 4 |
0.016 | 1200000 | 2 |
Last trade - 15.38pm 26/07/2024 (20 minute delay) ? |
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ADY (ASX) Chart |