How To Read A Depth Chart at Chart

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How To Read A Depth Chart. We have already seen how the price chart allows us to visualize the trade history, and we will now see how the depth cha. A depth chart for a bid/ask market has two lines, one for bids (buy orders) and one for asks (sell orders) depth charts are something to essentially show the supply and demand at different prices.

How To Read Depth Charts In Crypto »
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A depth chart for a bid/ask market has two lines, one for bids (buy orders) and one for asks (sell orders) depth charts are something to essentially show the supply and demand at different prices. First of all, a nautical chart will depict water depth. Green = buy orders, red= sell orders.

How To Read Depth Charts In Crypto »

Green = buy orders, red= sell orders. Learning to read order books and market depth charts is a critical step in understanding markets. Each number indicates the “mean lower low water”. Why use the depth chart?