pythonforcrypto

Have you ever seen a massive "buy wall" in the Order Book and thought the price would explode upwards, so you bought... then the wall suddenly disappeared and the price collapsed? 📉
Welcome to the world of Spoofing. Whales use this trick to mislead small traders.
What happens behind the scenes?
The trap: The whale places a huge order at a certain price to make you feel secure.

Ever seen a massive "Buy Wall" and thought the price was safe, only for it to vanish the second the price touched it? 📉
​Welcome to the world of Spoofing. Whales use this trick to mislead retail traders.
​The Whale's Playbook:
​The Trap: They place a huge fake order to create a false sense of support.​The Goal: To trick you into buying at market price, driving the price slightly up.​The Disappearance: They cancel the order in milliseconds before it gets filled.​The Dump: They sell their actual bags into your FOMO.
​The Cold Truth: Real big buyers don't show their hand. If you see a wall that's too good to be true, it probably is.
​Doubt me? Here's how you can spot these fake walls yourself!
Using Binance API and Python, we can track changes in the Order Book. The following code demonstrates how to monitor a specific "wall":
"import ccxt
import time
exchange = ccxt.binance()
symbol = 'BTC/USDT'
target_price = 45000 # Price to monitor the wall at
min_wall_size = 50 # Minimum size to consider it a "wall" (e.g., 50 BTC)
print(f"Monitoring {symbol} for spoofing near {target_price}")
while True:
try:
order_book = exchange.fetch_order_book(symbol, limit=100) # Fetch 100 orders

# Monitor Buy Walls
buy_wall_found = False
for bid_price, bid_amount in order_book['bids']:
if bid_price <= target_price and bid_amount >= min_wall_size:
print(f"[{time.strftime('%H:%M:%S')}] Potential Buy Wall at {bid_price}: {bid_amount} BTC")
buy_wall_found = True
break

if not buy_wall_found:
print(f"[{time.strftime('%H:%M:%S')}] No significant Buy Wall found near {target_price}.")
# Logic here to alert you when the wall disappears!
except Exception as e:
print(f"Error fetching order book: {e}")

time.sleep(5) # Wait 5 seconds before next update"
This simple code monitors the order book for a specific coin at a target price and alerts you to a large "buy wall." If this wall suddenly disappears, it's a strong indicator of potential spoofing!
#WhaleAlert #TradingScams #SpoofingTrap fing #BinanceSquare #CryptoEducation💡🚀 ucation #MarketManipulation #TradingStrategy #SmartMoney #StockMarket #InvestWisely #TradeSmart #MarketTrends #RiskManagement #FinancialFreedom #StayDisciplined pulation #LearnFromMistakes rnToTrade #PythonForCrypto