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blmpnetwork (OP)
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May 06, 2018, 11:55:18 AM
Last edit: May 19, 2020, 10:48:40 PM by blmpnetwork
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May 06, 2018, 06:40:45 PM
 #2

buy and sell walls give lots of information to whether manipulation is going on or not ... if one knows how to read 'em

good skill to have, i'm working on improving reading buy and sell walls myself

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May 07, 2018, 03:27:42 AM
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I think News is also effect bitcoin
What are Buy and Sell Walls?
if a whale does not want the price of the currency to drop below $10, he or she can place an order for a large number of units (say 10,000) at $10. In order for the price of the currency to drop below $10, the large order must be completed, meaning that sellers have to pile on a total of 10,000 units for $10 first. This effectively blocks the price from dropping.
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May 07, 2018, 06:55:37 AM
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Buy walls and sell walls are obvious when there is some whale manipulation in an exchange. I better stay out of that because you might loose and be eaten alive by the whales. Just stick to your own strategy is the best strategy of all.  Cool Cool Cool
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