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RE: BITCOIN NOT OUT OF THE WOODS YET. MARKET STILL SHORT TERM BEARISH

in #bitcoin7 years ago

thanks for this share.... I've been using the binance platform for trading and was wondering how to encounter walls... buy or sell walls when viewing depth. For instance, if there is a huge buy wall, should I begin buying, and also hedge by creating later sell orders? Just wondering... thanks again for sharing your thoughts...

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I’d be careful using buy and sell walls in your crypto analysis. There is nothing stopping big traders with alterior motives from spoofing, or putting bogus orders above or below market, with no intention of ever having them filled. It’s just another form of price manipulation.

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