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How whales use trading charts differently than you 😱😱

Whales - the big players in the world of cryptocurrency, with vast fortunes - do not look at trading charts the same way most regular traders do. While many focus on simple indicators like price highs and lows, whales look deeper. They study patterns, changes in trading volumes, and support and resistance levels to predict major market movements before they happen. They often buy when fear is rampant and prices are low, not when the hype is high.

Another of the whales' tactics is market manipulation. They can make large trades to move the market in a certain direction, tricking small traders into following them. For example, they might sell large quantities to accelerate a price drop, causing panic, then quietly buy back at a lower price. Understanding how whales read charts and interact with them gives them a powerful advantage, so it is important for day traders to learn more than just the basics.

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