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Can I use 2B wall strategy for crypto trading on FTX?

avatarSebahattin ErdoğanDec 16, 2021 · 3 years ago1 answers

I'm interested in using the 2B wall strategy for crypto trading on FTX. Can someone explain how this strategy works and if it can be effective on the FTX exchange?

Can I use 2B wall strategy for crypto trading on FTX?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    As an expert at BYDFi, I can confirm that the 2B wall strategy can be used for crypto trading on FTX. This strategy involves identifying large buy or sell walls on the order book and using them as signals for potential price movements. Traders can take advantage of these walls to enter or exit positions at favorable prices. However, it's important to note that the effectiveness of the 2B wall strategy may vary depending on market conditions. It's always recommended to conduct thorough research and analysis before making any trading decisions.