What is a sandwich chart and how is it related to cryptocurrency?

3 answers

• justin whitfieldOct 12, 2023 · 2 years ago
  A sandwich chart is a term used in cryptocurrency trading to describe a specific pattern that occurs on price charts. It refers to a situation where a trader places two large orders on both sides of the order book, with the intention of manipulating the market. This can lead to a rapid price movement in one direction, followed by a reversal in the opposite direction. The term 'sandwich' comes from the idea that the trader is 'sandwiching' the market between their two orders. It is important to note that sandwich trading is considered unethical and can be illegal in some jurisdictions.
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• Jatin Kumar SinhaMar 04, 2024 · a year ago
  Ah, the infamous sandwich chart! It's a sneaky strategy used by some traders to manipulate the market. Basically, they place two big orders on both sides of the order book to create the illusion of a strong buying or selling pressure. This can trick other traders into following the trend and causing a price movement in the desired direction. However, it's important to be aware of these tactics and not fall for them. Always do your own research and make informed trading decisions.
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• rikykingApr 27, 2023 · 2 years ago
  Sandwich charts are an interesting phenomenon in the world of cryptocurrency trading. They occur when a trader strategically places large buy and sell orders on both sides of the order book, creating a 'sandwich' effect. This can lead to a rapid price movement in one direction, followed by a reversal in the opposite direction. While some traders may attempt to use this strategy to their advantage, it is important to note that it is generally frowned upon and can be seen as market manipulation. As a responsible trader, it's always best to rely on solid analysis and avoid participating in such practices.
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