InvestorsHub Logo
Followers 1339
Posts 21120
Boards Moderated 0
Alias Born 08/11/2015

Re: Ricorich post# 3615

Tuesday, 12/20/2022 3:11:56 PM

Tuesday, December 20, 2022 3:11:56 PM

Post# of 21958
Yes it is always the 3 pm MM raids been documenting those here for a while now same attack that took this down from .11

Hopefully this helps people understand what is going on L2

VERT and other MMs are working hard to fill for shares. You see them on the high bid but also on the high ask giving it a bit of a spread trying to box the action in.

Everytime a buyer steps up the move up advertising an increasing bid amount in some case (VERT)

Their goal is to accomplish one of two things:

-Either accumulating ahead of an anticipated public event

-Short covering before a possible move to the upside.


Either way this battle can last a while but watch L2 this will be very obvious to the keen eye on a daily basis if you are watching their movements.

Great news there is no dilution so VERT and co are swimming against the tide.
Bullish
Bullish