HOW TO UNDERSTAND EVERY #WHALE DECISION-MAKING USING OUR ANALYSIS OF #RARE LAST MONTH!
Are you curious as to how the minds of whales work in the crypto market? How they outplay everyone who thinks they've already got the correct prediction?
Let us analyze that for you.
RARE has surged a total of 514.12% last August and this surge was motivated with the fear factor experienced at the bottom of the market. There are also other factors that have bore the existence of the markup for RARE but for now, we will be talking about how the whales think in the crypto market.
Many traders have thought about anticipating the selling key levels for RARE and that's normal since a surging token is more susceptible to doubts most of the time than trust. The reason for this is due to the fact that many gets trapped every time a token is highly surging may it be short or long traders. They get trapped anticipating an 'immediate' drop rather than waiting for the right timing and as well as trapped for entering a buy order at a resistance zone. There are also times when they get lucky and see some profit although these are rare. This is where the decision-making of whales comes in.
After a high price surge, whales have already entered at the depths of the market and are preparing for some percentage of their holdings to do some selloffs. There are times when individual traders understand what position in the market would be suitable to do selloffs. However, whales also have these factors in mind. Take a look at RARE, when everyone thought of the selloff areas as the only areas where whales would most likely sell. We have thought outside the box and labelled some areas above the selloff areas as outplay areas. We call them as outplay areas since these are areas where most whales highly outmaneuvers sardines. As almost everyone is thinking to do sell orders at selloff areas. Whales have already a different scenario in mind. We have also provided a sample 'thought' of whales in RARE's case. Such as whales doing selloffs on the zones above the major resistance of RARE and making it seem like a pattern has just been formed. This is just a sample scenario although it worked perfectly in this case.
There are other way of decision-making whales will create and individual traders really have to look for these thought processes. Without thinking one step ahead or many times ahead, you're just blindly trading without carefully planning your next move.
Stay wise, trade cautiously.
