I still do not Understand buy and Sell Walls - page 2.

lablab03

full member

Activity: 1064

Merit: 112

Quote from: clover12 on February 27, 2019, 03:44:09 PM

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?

Don't rely on it bro make your own technical analysis and fundamental instead to assure you can obtain specific time and you can determine the real potential of coin you want to invest. Indeed that's the main strategy of some trader , it's basic only but very helpful especially on this kind of market condition. .

LUCKMCFLY

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Leading Crypto Sports Betting & Casino Platform

Do not trust these walls, it is often a kind of trap for operators. If you are a good observer, you will discover that when you place very large orders in the Order Book, after a period of time, many of them disappear. The walls are psychological, with the intention of confusing the merchant when entering the market.

sedahan13

member

Activity: 462

Merit: 10

You can see it on orderbook, but if whales doing buy or sell market we can not see it. Buy low and sell high is key of trading and also risk management by use stop loss for each trade is the most important thing.

clover12

jr. member

Activity: 168

Merit: 2

To Identify a sell or buy wall...... you look at the trading view "Depth" Huh

and look for big spikes?

mrdeposit

hero member

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Quote from: clover12 on February 27, 2019, 03:44:09 PM

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?

Buy walls are listed from cheap bids to expensive bids, the first order you see on the market depth is best potential buy order. Same applies for ask orders in sell wall. You only see the executed orders on charts and every movement you look on graphics is past. Limit orders can create liquidity and lack of liquidity can create whipsaws on charts. You can't see the order walls on charts without special software.

clover12

jr. member

Activity: 168

Merit: 2

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?

Topic: I still do not Understand buy and Sell Walls - page 2. (Read 339 times)