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Topic: I still do not Understand buy and Sell Walls (Read 339 times)

sr. member
Activity: 1008
Merit: 308
Sell or buy walls can really be faked but how you would detect nor find the fake one or the real walls? You can see fake walls do disappear when theres someone do able to bid or ask much lower or higher.
And they will make a new order place lower or higher than the lowest or highest order to manipulate the current price, I really don't like this kind of walls. Sometimes it makes me stress and takes the wrong action on the market.
hero member
Activity: 2996
Merit: 609
The buy and sell walls are very misleading, I would advise you not to take it too seriously as they are often faked  A whale or group of Whales could create large sell order to increase the selling pressure for a cryptocurrency and vice versa
yes you are correct staying with serious decision will not be give any can't friends about you so taking the good decision always been not easily come to anyone it takes long time you have patience the decision made by you will definitely good at the end and large number of peoples will need to take this advice seriously.
In any trading decision it isn't really ideal for you to listen to other people.You should take actions basing on your analysis. Patience do require in these times. Going back into the topic.
Sell or buy walls can really be faked but how you would detect nor find the fake one or the real walls? You can see fake walls do disappear when theres someone do able to bid or ask much lower or higher.
full member
Activity: 602
Merit: 111
The buy and sell walls are very misleading, I would advise you not to take it too seriously as they are often faked  A whale or group of Whales could create large sell order to increase the selling pressure for a cryptocurrency and vice versa
yes you are correct staying with serious decision will not be give any can't friends about you so taking the good decision always been not easily come to anyone it takes long time you have patience the decision made by you will definitely good at the end and large number of peoples will need to take this advice seriously.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
I only know the walls are a bunch of a large amount that is placed at the buy and sell order as the image below:


From that image, you see the red line in the sell order, and that is a big wall to hold the price to not get up to high, so traders place a big amount of bitcoin. It could a group of whales that don't want the price increase in a fast, or it could be a single or double trader.

Meanwhile, there is also a big wall in the buy order that show with the white line, it holds the price not to get down deeper, and you can see that there are two big walls in the order buy. This mean trader or some whales want to prevent the price not to get down too deep.

But if the supply and demand from the market are increasing or decreasing, the walls will move to the other price, and you will see that there are many walls will appear in many places of the order.

Perhaps, I don't have much information to explain more details, so you need to find more about the walls itself.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
The buy and sell walls are very misleading, I would advise you not to take it too seriously as they are often faked  A whale or group of Whales could create large sell order to increase the selling pressure for a cryptocurrency and vice versa
full member
Activity: 736
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
When I hear walls, that' implies big money in the buy or sell order.
Breaking the walls will result to a significant price movement and often here in crypto, we think that walls are created by whales.

I agree with you, that walls are created by the whales in order to manipulate the price for their own profits so that the movement of the coins in the market are based on their wants. They putting bigger buy and sell orders in order to control the price and earn a profit from it.
hero member
Activity: 2814
Merit: 576
When I hear walls, that' implies big money in the buy or sell order.
Breaking the walls will result to a significant price movement and often here in crypto, we think that walls are created by whales.
legendary
Activity: 1806
Merit: 1521
I have read many articles posted online about buy and sell walls. It still is vague.

I understand it is whales faking people out so they can buy coins cheaper, but i don't understand how to identify a Wall in the charts.

Are you reading the candlesticks or are you looking at market Depth? To find the walls... how common are they?

It has nothing to do with candlesticks or the price chart. It's the market depth.

You can see them in the order book. Here is the order book at Bitfinex. Sometimes you need to look at the Level 2 order book (the complete order book, not the default view) to see walls that are really far from the spread.

I wouldn't focus on walls too much. They are mostly there to affect perception and psychology. Serious whales who are really accumulating or distributing very large lots use timed algorithms to scale in and out of markets. They don't announce their presence with walls.
hero member
Activity: 3052
Merit: 651
It is like a prevention for another big movement.

It aint really a wall if someone could buy that amount or sell.
You will see most of it have large amount of tokens or USD. They just do that so that you cannot go way far. You will be forced to sell or buy below the the amount where they at or higher.


Example if you are selling:

1,000,000 tokens for $1.00 each - - - > the whale or who controls the trade
1,000 token for $0.99 each - - - > Here you are being forced to sell lower coz you just have a small amount of token and you want to sell fast and not wait for that million to be sold which could take forever.

Now they want to see it way cheaper so they could buy at a lower price.
Vice versa with buying.

That is if we are on the same page. Correct me if I am wrong.
legendary
Activity: 2674
Merit: 1226
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The reason the term wall is used is because they are using the wall analogy whereby traders have to climb over that wall to get past a certain level. This is the same for both sides, either buyer or seller. The higher the wall, the harder it is to climb and overcome.

In terms of trading, as Pursuer explains, it is just a very large sum of orders, which all need to be fulfilled before the next price level can be reached.

So, if you are seeing a huge amount of orders all at 4000, it can be one order, it can be many people placing the order. It gives an idea of demand, but of course it shouldn't be the only thing.
member
Activity: 335
Merit: 15
Trading & Crypto
On stock trading usually wall are put by MM to keep stock up (or down).  I'm pretty sure that in crypto are the same: exhanges put this monster order to keep market relatively stable... Is just my opinion based on my market experience.  Cool
sr. member
Activity: 854
Merit: 252
I have read many articles posted online about buy and sell walls. It still is vague.

I understand it is whales faking people out so they can buy coins cheaper, but i don't understand how to identify a Wall in the charts.

Are you reading the candlesticks or are you looking at market Depth? To find the walls... how common are they?

When I do trade in the market, I based my technical analysis on the actual market in the graph were you can see the sell and buy wall in the chart. Now if you want to buy set it in the price you like to buy depending in the present actual happening in the chart of course, same goes with setting the price you like to sell in the graph as well.
legendary
Activity: 1204
Merit: 1028
February 28, 2019, 04:53:02 PM
#14
This is not a big thing to understand, it's just one of those slangs used in crypto by the users especially those who knows how to trade or have a knowledge of crypto trading. Buy wall is just a huge buy order at a particular buying range. For example, a buy wall can be set within the range of $100 to $120 with lots of orders in order to take the price of the coin/token to the price set by the buy wall. This is also same for a sell way but this time sell others are created.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
February 28, 2019, 07:23:07 AM
#13
Walls mean nothing at all, when there is a wall in bitcoin at 3.4 thousand dollars that would mean the price should not go under that but when the price gets close suddenly that wall is at 2.9 thousand dollars, I have seen from 20 thousand dollars price to this day whenever there was a wall that was "impossible to break" either going up or going down it was always super easy to break because the wall itself disappeared.

People think walls are there will prevent something huge but in reality walls are not there permanently they are there for the show and it will always go away before buyers/sellers have a shot at breaking the wall themselves. They are way ahead of what it suppose to be, they do not allow their own walls to be broken so they just run away instead of trying to keep or sustain the price.
legendary
Activity: 3094
Merit: 1127
February 28, 2019, 06:53:02 AM
#12
you understood wrong.

a "wall" does not always have to be placed by a whale. a "wall" is simply a large sum of orders at a certain price or a couple of prices that are  close together (for example at $4010.0 and $4010.5 and 4011.0,...). walls can be buy walls or sell walls and they are showing the support or resistance respectively at those price levels. for example there is some resistance currently around $4100 for bitcoin and some support around $3700.

now with that said sometimes manipulators who have a large amount money relative to the size of the market (which means most of the times it happens in altcoins)  can place big orders of their own to fake these support and resistances so that they can manipulate the market in the direction they want or prevent it from going in certain direction. for example back in 2018 ethereum foundation placed millions of dollars worth of buy orders on ETH market to prevent its catastrophic crash as people were dumping and ICOs were running away.
Well explained, after reading above on most comments they do only imply nor explaining their advises not literally answering OP's question which you had said here about sell or buy walls.It is not
really specifically these walls created by single trader but rather it can really be possibly lots of people who do try to stop either dump or breaking the resistance.You can actually observe fake sell or buy walls when you do observe the orders.
member
Activity: 459
Merit: 10
February 28, 2019, 06:15:59 AM
#11
I have read many articles posted online about buy and sell walls. It still is vague.

I understand it is whales faking people out so they can buy coins cheaper, but i don't understand how to identify a Wall in the charts.

Are you reading the candlesticks or are you looking at market Depth? To find the walls... how common are they?
This is quite understandable. Buy and sell walls are set by investors or whales. they will not want the price of token or altcoins broken out of a certain price.
For example, we have a currency called NANO. Its current price is $ 1. I'm a whale and I don't want investors to make their prices much lower.
I will order to buy NANO at the price of 0.7 $ in very large quantities. The bigger the number, the thicker the wall and the smaller investors will not have enough money to overcome it. so its price will not be reduced based on my wall. Wink
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
February 28, 2019, 05:40:15 AM
#10
I have read many articles posted online about buy and sell walls. It still is vague.

I understand it is whales faking people out so they can buy coins cheaper, but i don't understand how to identify a Wall in the charts.

Are you reading the candlesticks or are you looking at market Depth? To find the walls... how common are they?
Just go to trading page of any exchange. And click on depth you can find a page where you can see whales. Just move your mouse on the depth you can see where how much btc / other crypto buy order or sell order. Thanks

if you read my explanation above I briefly pointed this out that the depth chart only shows you the total sum of the volume that is placed on that particular price, you have no way of knowing whether that is placed by one person (the whale) or by hundreds of traders that chose that price and placed hundreds of orders there.
full member
Activity: 1736
Merit: 121
February 28, 2019, 04:40:20 AM
#9
Are you reading the candlesticks or are you looking at market Depth? To find the walls... how common are they?

I think they are just orders like bid and ask. If you are convinced to buy or sell either using your candle stick to determine it, then you make your order. That is the way I see what you are asking for. Don't confuse yourself with exotic names.
legendary
Activity: 2436
Merit: 1189
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February 28, 2019, 04:04:47 AM
#8
I have read many articles posted online about buy and sell walls. It still is vague.

I understand it is whales faking people out so they can buy coins cheaper, but i don't understand how to identify a Wall in the charts.

Are you reading the candlesticks or are you looking at market Depth? To find the walls... how common are they?
Just go to trading page of any exchange. And click on depth you can find a page where you can see whales. Just move your mouse on the depth you can see where how much btc / other crypto buy order or sell order. Thanks
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
February 28, 2019, 03:59:00 AM
#7
you understood wrong.

a "wall" does not always have to be placed by a whale. a "wall" is simply a large sum of orders at a certain price or a couple of prices that are  close together (for example at $4010.0 and $4010.5 and 4011.0,...). walls can be buy walls or sell walls and they are showing the support or resistance respectively at those price levels. for example there is some resistance currently around $4100 for bitcoin and some support around $3700.

now with that said sometimes manipulators who have a large amount money relative to the size of the market (which means most of the times it happens in altcoins)  can place big orders of their own to fake these support and resistances so that they can manipulate the market in the direction they want or prevent it from going in certain direction. for example back in 2018 ethereum foundation placed millions of dollars worth of buy orders on ETH market to prevent its catastrophic crash as people were dumping and ICOs were running away.
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