I watched Eden closely all week looking for a chance to get back on board.
Given that there has been no new news I found it puzzling that there should be so much activity and price gyrations.....it "pumped" all week!
Eden watchers will be familiar with the new news price increases to be then quickly followed by a very predictable fall back.
But this past week was different....no news, massive turnover and no real fall back!
I found this weeks activity disturbing. I also noticed on a number of occasions that a new level was reached on an initial very small sale....and then followed by a burst of buying at that new price.
I imagined a room full of "traders" with a white board setting the price using a pre-planned strategy which they worked to perfection....
If this is true (and I think a version of this is) then I have to say.....well done you all....it's impressive that they were able to orchestrate this for a whole week and, in the process, made a totally amazing market that made unknown people lots of profits (not me!)
Given how far EDE has fallen over a period, we all want EDE to get back on its feet and move on....so these back room people that have been playing with us all week are working to a market that wants to believe that things are happening and rely on us being motivated by FOMO
Just my theory....but the whole thing looked very suspicious to me.....no news, massive activity....why???
Buyer beware!
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I watched Eden closely all week looking for a chance to get back...
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Last
0.2¢ |
Change
-0.001(25.0%) |
Mkt cap ! $5.517M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $414 | 275.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
51 | 197083909 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 16003307 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
51 | 197083909 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 16003307 | 10 |
0.003 | 39462810 | 35 |
0.004 | 10658410 | 11 |
0.005 | 271625 | 2 |
0.006 | 432510 | 4 |
Last trade - 14.48pm 02/05/2024 (20 minute delay) ? |
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Dusko Ljubojevic, MD
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