What is the meaning of 'istilah tembok wall dalam trading crypto' in the context of cryptocurrency?

3 answers

• Prakhar SolankiMay 08, 2022 · 4 years ago
  In the context of cryptocurrency trading, the term 'istilah tembok wall' refers to a significant level of buy or sell orders that are placed at a specific price point. These orders create a 'wall' on the order book, indicating a strong level of support or resistance. When the price approaches this wall, it often experiences a significant amount of buying or selling pressure, causing the price to either break through the wall or bounce back. Traders closely monitor these walls as they can provide valuable insights into market sentiment and potential price movements.
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• Mathieu Bertrand-CollinDec 24, 2020 · 5 years ago
  Ah, 'istilah tembok wall dalam trading crypto'! It's a fancy term that describes a situation in cryptocurrency trading where there is a large number of buy or sell orders at a specific price level. These orders create a 'wall' on the trading platform, making it difficult for the price to move beyond that level. It's like a barrier that prevents the price from going up or down easily. When the price approaches this wall, it often faces resistance or support, causing it to either break through or bounce back. So, keep an eye on these walls if you want to understand market dynamics and potential price movements!
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• Andreico7Feb 04, 2023 · 3 years ago
  When it comes to cryptocurrency trading, the term 'istilah tembok wall' refers to a phenomenon where there is a significant concentration of buy or sell orders at a specific price point. These orders create a 'wall' on the order book, indicating a strong level of support or resistance. This wall can act as a psychological barrier for the price, making it difficult for it to move beyond that level easily. Traders often analyze these walls to gauge market sentiment and predict potential price movements. It's important to note that these walls can be temporary and may disappear as orders get filled or canceled. So, keep an eye on these walls as they can provide valuable insights into market dynamics and help you make informed trading decisions.
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