ether you are trading in the Crypto market, Forex market or Stock market you must be able to know the support and resistance levels, then you should know the supply and demand zones.
Financial and Crypto market are not a gamble so you have to know what you are doing in the market for you to make money because if you don't the Big Sharks on the wall Street will feast on your money which they refer to as dump money.
The Nature of Every Business
As we all know people setup businesses in order to make money not to loose money. So how do they do that: if they are in the buying and selling business "they buy low and sell high" that is how they make exuberant profit. That is how the financial markets are like, the big whales are more like buyers they buy and sell letter at higher prices.
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How do they trick us?
When a new day starts they first offload the orders they have been holding the previous day and trick us by going on an opposite direction to which they will go for the rest of the day e.g, if the trend today is suppose to be bearish then when they open they go bullish and take everyone out then later they go their planned trend.
How can we overcome this?
Don't fall for their trap and trade like them:
Supply Zone
This is a market level were the market makers liquidate all their positions and they offload to us meaning as they drive the price down they will be selling to us at higher prices then when the price hit the ground they start buying from us and drive the price up again and make profit.
Demand zones
These are the zones were the big whales accumulate their orders and drive the price very high taking full advantage of the swings.
So for you to catch these trends use higher time-frames and trend with them, when they buy you should buy and when they sell you should sell. When the price is falling don't try to buy let it hit its lower and then buy, its just like a knife when its dropping don't try to catch on its way down because you will be cut, wait for it to hit the floor then pick it up.
The jungle feed on the weak, the greedy, the impatient and the old so as the markets.