Binance Square

ahmednasr2030

10 Following
14 Followers
13 Liked
3 Shared
All Content
--
See original
The WhaleThe whales heavily exploit anyone who relies on classical analysis tools without awareness of the overall market context or market logic, as these individuals become ideal prey because their movements are predictable. Whales target traders with traditional support and resistance levels who expect the price to always bounce back from the lines they have drawn, driving the price to break support or resistance to trigger their orders and then reverse the direction. They also target Fibonacci traders who enter positions, for example, at 0.618 or 0.786, considering these as retracement areas, pushing the price to break these levels and then reversing it to trap them. Additionally, they focus on traders of chart patterns like head and shoulders, flags, and triangles, allowing the pattern to form before deliberately failing the breakout or breakdown to force them into the wrong direction. Moving average traders who buy at the golden cross are also exploited by whales who take advantage of this collective entry to temporarily move the market and then reverse it. They target users of indicators like RSI and MACD who expect a reversal at certain levels, as whales continue to pressure the price to break their expectations. They also focus on traditional stop-loss orders that are close to support and resistance levels, those who only chase reversal candles without understanding the context, and those who follow signals from robots or public channels spread among thousands of traders, as well as those who enter the market momentarily during news events believing that good news will immediately lift the market. These are nothing but prey led to slaughter like a herd of blind sheep; their behavior is exposed, they act with collective foolishness without thinking, entirely unable to understand the true mechanics of the market, believing themselves to be traders while they are merely food on the whales' table...

The Whale

The whales heavily exploit anyone who relies on classical analysis tools without awareness of the overall market context or market logic, as these individuals become ideal prey because their movements are predictable. Whales target traders with traditional support and resistance levels who expect the price to always bounce back from the lines they have drawn, driving the price to break support or resistance to trigger their orders and then reverse the direction. They also target Fibonacci traders who enter positions, for example, at 0.618 or 0.786, considering these as retracement areas, pushing the price to break these levels and then reversing it to trap them. Additionally, they focus on traders of chart patterns like head and shoulders, flags, and triangles, allowing the pattern to form before deliberately failing the breakout or breakdown to force them into the wrong direction. Moving average traders who buy at the golden cross are also exploited by whales who take advantage of this collective entry to temporarily move the market and then reverse it. They target users of indicators like RSI and MACD who expect a reversal at certain levels, as whales continue to pressure the price to break their expectations. They also focus on traditional stop-loss orders that are close to support and resistance levels, those who only chase reversal candles without understanding the context, and those who follow signals from robots or public channels spread among thousands of traders, as well as those who enter the market momentarily during news events believing that good news will immediately lift the market. These are nothing but prey led to slaughter like a herd of blind sheep; their behavior is exposed, they act with collective foolishness without thinking, entirely unable to understand the true mechanics of the market, believing themselves to be traders while they are merely food on the whales' table...
See original
What do you think of this currency? Is it worth buying or not?
What do you think of this currency? Is it worth buying or not?
image
METIS
Cumulative PNL
+0.71
+0.00%
Translate
🥇
🥇
ahmednasr2030
--
Bullish
$SOL 500$
--
Bullish
$SOL 500$
$SOL 500$
SOL/USDT
Buy
Price/Amount
148.53/0.13
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Latest News

--
View More

Trending Articles

pasho khan
View More
Sitemap
Cookie Preferences
Platform T&Cs