Large Trades
1.Large Trade Indicator: On the K-line chart, large trades are shown as circles. The bigger the circle, the larger the trade amount. Hovering your mouse over the circle will show the trade details.
2.Market Analysis: Look at the overall market trend. If you see a large sell order during a market drop, it might just be because of the market's influence or a big player cleaning up their position. If a large buy order appears during a strong market rise, be careful as it could be a trap.
3.Volume Analysis: Use volume indicators to get a clearer picture. In areas with high trading volume, check if there are more buy or sell orders to understand the major players’ intentions. More buy orders could mean prices will go up; more sell orders could mean prices will drop.
4.Sustainability: Watch if large trades keep happening. If large buy orders keep showing up and prices are rising, it’s likely real buying. But if there’s just a short burst of activity and then prices fall back, it could be a trick to make it look like there’s heavy trading.
Whale Orders
1.Whale Order Indicator: Whale orders are displayed as horizontal lines on the K-line chart. Hovering your mouse over the line will show order details.
Length: Longer lines mean the order has been there for a longer time.
Thickness: Thicker lines mean the order amount is larger.
Color: Light color means the order hasn't been filled yet; dark color means it has been filled.
2.Open Interest Analysis: Use open interest indicators for better insight. When open interest is rising, a large sell order might mean opening a short position, so it could be a good time to sell. A large buy order might mean opening a long position, making it a good time to buy. When open interest is falling, a large sell order might mean closing a long position, and a large buy order might mean closing a short position, which has less impact on price.
3.Frequent Order: Regular large buy or sell orders within a short time can give clues about price direction.
4.Order Duration: The longer an order stays open, the more likely it will get filled.