Cryptocurrency Trading: Buy Walls, Sell Walls & Order Books

>>2772091
Thanks

File: gfellaswhite63-lol.jpg (161KB, 1354x760px)

161KB, 1354x760px

>>2772091
>looking at order book data to make decisions
Looks like you don't have much of a clue what you're doing either lmao

Solid peace. Didnt learn anything new but Im sure some well.

As some idiot already said in here (which is also mentioned in the article). The Walls are just one of many, many points of information one should use before making decisions.

>>2772899
>>peace
>piece
>>well
>will
fml

>>2772091
This are fake orders which get pulled when you try to fill them that why there are 1000s of small ones

>>2772899
>the walls
you shouldn't use it at all because it's not a reliable indicator and is not indicative of actual market action, don't think you're a pro at spotting fake walls either because it's trivial to normally distribute a sell order around a resistance point to keep the price down.

the only useful thing about the order book is knowing which side the market action is going into, whether recent trades are people dumping into the buy book or eating the sell book.

>>2772920
> is not indicative of actual market action
> book is knowing which side the market action is going into

You couldve articulated that better. But sure I agree. I dont kid myself into thinking I can spot sneaky walls - or numerous smaller bot walls.

>>2772931
I consider the "market history" to be part of the order book because that is actual market action, but looking for sell walls is just a waste of time IMO compared to looking at transactions that represent someone's actual skin in the game

>what is a fake buy / sell wall
>what is price manipulation

>>2772947

Whats your best way of doing that?

On Bittrex the transaction history only go back so far.