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how can you tell when a coin is going through accumulation?

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Thread replies: 11
Thread images: 1

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how can you tell when a coin is going through accumulation?
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>>2886614
ask the whales if they still want more coins
>>
>>2886614
when you see giant sell walls worth 20+ BTC

whales aren't bagholders, they're going to pump it up eventually to get their money back

i usually buy when i see giant walls go up
>>
its always accumulation for someone

every trade has a buyer and a seller
>>
When people are buying it.... are you really this dense?
>>
That's a weird bird, just bought 100k.
>>
>>2886614
Volume is up but the price isn't moving.
>>
>>2886632

Correct me if I'm wrong, but doesn't this defy logic? What is their actual mechanism for accumulating more coins, but putting up sell-walls? Are you suggesting they are the bid, below their own sell walls?
>>
>>2887410
Big sell walls give the impression that the coin won't be going past that. Sometimes they'll dump on themselves and trigger a panic sell where they buy at the bottom, pull their sell walls and the price shoots back up.
>>
>>2887410
People see a big sell wall and think oh shit ain't nobody gonna be able to buy through that wall. Welp time to sell. And then the price drops. Thus the whale can buy it for cheaper. Then they remove the wall and the people that waited for the dip buy it up as well as the whale. Rinse and repeat at different levels
>>
How do you define what exactly a "sell wall" is?
Thread posts: 11
Thread images: 1


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