Cryptocurrency Trading Strategy (Part 2)

Most traders use a strategy based on the analysis of the order glass. Order glass is a table of all orders placed on the exchange for one type of cryptocurrency. According to it, even for beginners, it will be clear what the demand for cryptocurrency is and what price they are ready to give for it.

Relying on large-volume orders, it is possible to determine exactly in which direction the further exchange rate of tokens will go, since it is the traders who trade in large volumes that determine the trends in the movement of value and make large-scale changes in the exchange rate, which secondary bidders cannot influence. For them, it only remains to detect the upcoming changes in time and use them to make a profit.

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