What if the the majority of fake trade intention is on coins that have less than "x" amount of btc on the order books? A smaller amount of btc on the books would make manipulations easier, but wouldn't having like 100 btc or so between the buy/sell books show a more organic intention?
I'm just learning about trading and everything I've read and listened to on podcasts is to look into everything and try to learn as much as possible, depth chart analysis with high volume, high btc order book coins could work, no?
I agree. If you stick to high volume coins with stacked orderbooks you should be able to take advantage of strong indicators in the depth chart. With more market participants it will be harder to spoof the price. There will always be whales to look out for. My question is, how can you even be aware of whale activity without watching the depth chart? Candles will only show you after the fact.