What strategies do cryptocurrency whales use in their trades?

1 answers

• Dec 14, 2021 · 3 years ago
  Cryptocurrency whales also employ technical analysis in their trading strategies. They use various indicators and chart patterns to identify potential entry and exit points. For example, they may look for support and resistance levels, moving averages, and other technical signals to make informed trading decisions. Additionally, whales often have automated trading systems in place, known as trading bots, which can execute trades based on pre-defined rules and algorithms. These bots can analyze market data and execute trades at a much faster pace than human traders, giving whales an advantage in the market.
  613307