@asculpeous
Just look at the depth
It's all fake because orders outside the trading range don't get filled. Even the two 'buyers' (total value of $166) at 0.005 are just fake props to support the closing price.
In technical analysis, accumulation points to a general increase in buying activity in an asset. In this case, the asset is said to be "under accumulation" or "being accumulated.
Technical analysis is astrology for men. It is 100% pure unadulterated nonsense.
Many traders immediately place a sell order as soon as their buy order is filled. In this case it is 20% profit if the can sell at 0.006.
A 10M order is only $50K. Probably just somebody taking a punt.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.216M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
62 | 182286417 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 27811902 | 28 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
62 | 182286417 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 27811902 | 28 |
0.003 | 44921223 | 21 |
0.004 | 5941034 | 7 |
0.005 | 4631540 | 3 |
0.006 | 1876383 | 1 |
Last trade - 11.41am 09/09/2024 (20 minute delay) ? |
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EDE (ASX) Chart |
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