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RE: The Story Of Two Candles

in #steem6 years ago

Well, that selling red (bear) candle represents many trades, maybe just one big whale selling but a bunch of counterparts buying smaller parts of that trade at many different prices. The opposite happened with the green (bull) candle. So the whale will end up with an average selling price and an average buying price which looking at the chart could perfectly be a small loss instead of a gain if he/she did not play well the trades.

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