๐ How to Read the Order Book Like a Pro
(Crypto Trading Text-Based Infographic)
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๐ด SELL ORDERS (ASKS)
โ Price sellers want
โ From cheapest to highest
โ Example:
Price | Amount | Total ($)
2.1150 | 5,000 | $10,575
2.1160 | 10,000 | $21,160
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๐ข BUY ORDERS (BIDS)
โ Price buyers offer
โ From highest to lowest
โ Example:
Price | Amount | Total ($)
2.1140 | 8,000 | $16,912
2.1130 | 12,000 | $25,356
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๐ What to Look For:
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Big Buy Walls = Support
๐ก๏ธ Price may bounce off it
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Big Sell Walls = Resistance
๐ซ Price may reject there
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Sudden Disappearing Wall
โ ๏ธ Possible trap (spoofing!)
โ
Buy > Sell = Bullish Bias
๐ Market pressure favors upside
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๐ก Pro Tip:
Always confirm with volume & price action
๐ Donโt trade blindly โ use order book + technical analysis!
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๐ Share this if it helped you!