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Author Topic: HOW TO RECOGNIZE WHALES’ TRAP: REAL SELL WALL AND FAKE SELL WALL  (Read 30 times)
Owen7021990
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May 14, 2018, 03:27:02 PM
 #1

This content is for new traders entering the market, and those who are not familiar with the concept
"Sell wall" can be seen on every Coin Exchanges. It often contains two parts:  the blue part or "Buy wall" and the red par, which is the "Sell wall". If the red part is bigger than the blue one, that means the "sell wall" is growing and investors are more likely to hold coins, waiting for a decrease.

Sell walls are usually created by a large number of sell orders at a certain price. Sell wall appeared will prevent investors from offering a higher price than the price of the "wall" due to the fear of unable to sell, thus pushing the coin price down. This is also the main reason why some cryptocurrency, despite being in the uptrend, still show signs of slowing down or falling at certain points.

TWO TYPES OF SELL WALL
Real Sell Wall - RSW: This wall is usually caused by market fluctuations and financial events, such as negative corporate information, negative perceptions, failure to implement certain projects, hacker, and fraudulent issues, or a sell-off. RSW “stay high” for a period and usually comes near the peaks order for coins that have high transactions volume. These "sell wall" appear for good reasons, caused by real events of companies and market. So, if you pay close attention to this wall, you will notice its gradual uptrend.

Fake Sell Wall - FSW: This wall is created by whales or "pump and dump" groups that aim to dominate the market. This will usually last for a short period and occasionally long period. It is usually coordinated by a group, individual or trading bot (an algorithm programmed to automatically create orders at certain conditions or events). Fake walls can show up and disappear at any time, even in a bull market or after positive news with no selling pressure. In short, FSW just “popup” from nowhere with an unnatural figure.

 
In general, sell wall appeared means that it is not the right time to sell as it represents price decrease pressure on the market. Or in other words, the price may fall soon after sell wall and you would make more profit if you let the price touch its bottom.
However, it is important to distinguish between RSW and FSW. FSW can appear and disappear immediately. In the context of whales secretly manipulate the market and create FSL, you need to be extremely cautious, especially when you are a daily trader.

As we all know, whales are completely capable of setting and controlling the Exchange as well as the price of coin at some cases. They can place large sell orders, creating a fake sell wall that keeps prices low. Once purchased, they will remove the sale order and the price would increase again. This is how they benefit from making FSW. They repeat this process many times and of course, the benefits are constantly increasing.
If you are a newbie, there will be times when you encounter a situation of RSW and FSW. In Crypto trading market, if you want to survive and actually make a living out of it, it is important to always maintain high spirit, never stop learning, and don’t even give those whales a chance to trick you into their trap.
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Rydereee12
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May 14, 2018, 03:51:34 PM
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You say good! it is important to distinguish between RSW and FSW. FSW can appear and disappear immediately. In the context of whales secretly manipulating the market and creating FSL, you need to be extremely cautious, especially when you are a daily trader.
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May 14, 2018, 03:52:17 PM
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I and most people I see in trollbox could not understand whether the walls are fake or not, because while some of the walls are fake, put at random but some of them are really huge but they are sold or bought indeed.

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May 14, 2018, 04:02:50 PM
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There is also a case of "real buy wall" on the "kill margin" floor
SusanChan
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May 14, 2018, 04:03:59 PM
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This Topic: HOW TO RECOGNIZE WHALES 'TRAP. I have applied and effective.
Javi_Anibarro
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May 14, 2018, 04:46:59 PM
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so how to recognize it ? your content did not tell us how to recognize it at all.
ok,let me help you to figure it out.
if you are encountering a 'WALL' on buy order or sell order,the first thing that you need to do is observing the wall itself and how long it maintains its place on the order.
usually if it was a real one,it will stay still even after half of it get bitten by people.
(sometimes it will disappears after it get bitten by people for a half,and appearing again after it hits a new low in the future)
on the other hand if the 'WALL' acted like a ninja(appearing and disappearing),this wall will act according to the market and won't maintain its place if it get bitter for more than 10% from its original orders.

coinwizard_
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May 14, 2018, 06:45:23 PM
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Some are not whales but trading bots that create these fake sell walls. You can tell if you spend time watching them, often multiple trades are setup at the same time, more than a real person can physically do.

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Fatunad
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May 14, 2018, 07:02:41 PM
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so how to recognize it ? your content did not tell us how to recognize it at all.
ok,let me help you to figure it out.
if you are encountering a 'WALL' on buy order or sell order,the first thing that you need to do is observing the wall itself and how long it maintains its place on the order.
usually if it was a real one,it will stay still even after half of it get bitten by people.
(sometimes it will disappears after it get bitten by people for a half,and appearing again after it hits a new low in the future)
on the other hand if the 'WALL' acted like a ninja(appearing and disappearing),this wall will act according to the market and won't maintain its place if it get bitter for more than 10% from its original orders.


Those things are always my indicator where i do really observer those wallets regarding into their movements.Even just on your common sense you would able to figure it out if its a fake one or not and as you illustraded there are orders which bitten up by half then completely gone then set up another price and made another wall.If you dont have experienced or too much knowledge you would really barely see this movement since you wont care at all but later on you would really need to recognized these things.


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