Good competition from the new exchange, which is on coinmarketcap

[JekeMix07]

Who understands, explain. When a major player sells, for example, the price drops, but after all exactly the same amount someone buys, why does this not affect the price in the opposite direction?

Let's say  a major player placed an order to sell at 9,500 thousand. There are no counter orders in this quantity at the same price, but there are lower ones. 50 to 9400, 100 to 9000 and so on. The price drops until this order is completely absorbed. Something like this, in short

[JekeMix07]

Who understands, explain. When a major player sells, for example, the price drops, but after all exactly the same amount someone buys, why does this not affect the price in the opposite direction?

Let's say  a major player placed an order to sell at 9,500 thousand. There are no counter orders in this quantity at the same price, but there are lower ones. 50 to 9400, 100 to 9000 and so on. The price drops until this order is completely absorbed. Something like this, in short

Because buy orders are not placed equally. For example (conditionally), someone wants to sell 1000 at a time when the chart shows a price of 10,000. But there are only 3 buyers: one put a buy order at 10,000, the second at 8,000, and the third wants to buy at 4000. As soon as the first one buys for all the money, the chart will immediately fly to 8000, then to 4000.

[Jin2020]

Who understands, explain. When a major player sells, for example, the price drops, but after all exactly the same amount someone buys, why does this not affect the price in the opposite direction?

Let's say  a major player placed an order to sell at 9,500 thousand. There are no counter orders in this quantity at the same price, but there are lower ones. 50 to 9400, 100 to 9000 and so on. The price drops until this order is completely absorbed. Something like this, in short

Because buy orders are not placed equally. For example (conditionally), someone wants to sell 1000 at a time when the chart shows a price of 10,000. But there are only 3 buyers: one put a buy order at 10,000, the second at 8,000, and the third wants to buy at 4000. As soon as the first one buys for all the money, the chart will immediately fly to 8000, then to 4000.

yeah clear thanks

[tikurila]

Who understands, explain. When a major player sells, for example, the price drops, but after all exactly the same amount someone buys, why does this not affect the price in the opposite direction?

The joke is that the seller, thinking that he will make a profit of 1000 * 10000, will receive almost 2 times less. That is why large players merge at certain intervals so that purchase orders have time to recover And for us it looks like a bear flag.

[fikus111]

If he put up a sale on the market, then everything is correct. But if he submitted a limit order, then the price will hang and not move until an order is sold

[azmirihaque]

Its a great offer from you. But it is a matter of great regret that many new exchanges give different charming offers and attracts to participate different campaigns, deposit and investment. After paying for the participation, they impose different conditions for withdrawing fund so that they cannot withdraw. Sometimes they disappear by taking the fund from investors. By the way, I wish your exchange for being success and your competition would be successful.

[TomPluz]

Its a great offer from you. But it is a matter of great regret that many new exchanges give different charming offers and attracts to participate different campaigns, deposit and investment. After paying for the participation, they impose different conditions for withdrawing fund so that they cannot withdraw. Sometimes they disappear by taking the fund from investors. By the way, I wish your exchange for being success and your competition would be successful.

This is the reason why I am always careful with competitions and promotions because at the end of the day we do not have any control of these platforms. I rarely join a competition and I made sure that am dealing with a credible platform.