Forgve my ignorance. What can be said looking at this DOM chart? There are a lot of buy orders from 10337 to 10348 but one guy told me this:
You know those don’t mean anything right?
1. walls can melt in momenents
2. If there’s enough buy or sell pressure meeting a certain criteria the algos don’t like they leave the wall and poof, breakout or breakdown
why when they remove the wall there is a breackdown? Shouldn't the price just ''stay there'' ''stay idle'' ''crabbing'' ? Why algo removes the wall = breack down?
You know those don’t mean anything right?
1. walls can melt in momenents
2. If there’s enough buy or sell pressure meeting a certain criteria the algos don’t like they leave the wall and poof, breakout or breakdown
why when they remove the wall there is a breackdown? Shouldn't the price just ''stay there'' ''stay idle'' ''crabbing'' ? Why algo removes the wall = breack down?