What is the big order of 12 000 waves working on "safe distance" at the sell side on binance exchange?
How many bots are working there?
Big traders using api to play with any market so when they want to make dump the weak hands than that kind of big orders appear on sell side. I hope when you will spend more time by reading the orders than it will be easy for you to detect that tricks there.
From the visible part of orderbook of 18 buy and 18 sell orders only, I can't conclude anything. All that 18 orders are too much close to each other.
At the biggest exchange,binance, is stated: WAVES/BTC 5x
If 5x means leverage, it seems that big traders want to force small traders, weak hands with the leverage 5x to leave their buy/long positions with the big losses.
I already stated, from the historical data waves/btc daily chart looks very scary to me. I mean this is by the big traders very strongly controlled chart, and at the daily chart tech analysis means a very little, too little.
For the most traders using the leverage 5x there is no much hope for the success at waves if my consideration is right.
