📊 How to read the order book professionally?
(Text Educational Infographic)
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🔴 Sell Orders (Asks)
— The price at which sellers want to sell
— Ranked from lowest to highest
— Example:
Price | Quantity | Total ($)
2.1150 | 5,000 | $10,575
2.1160 | 10,000 | $21,160
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🟢 Buy Orders (Bids)
— The price offered by buyers
— Ranked from highest to lowest
— Example:
Price | Quantity | Total ($)
2.1140 | 8,000 | $16,912
2.1130 | 12,000 | $25,356
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🔍 What do you notice and understand?
✅ Large Buy Walls = Strong Support
🛡️ The price may bounce from them
✅ Large Sell Walls = Resistance
🚫 The price may be rejected then
✅ Sudden disappearance of a wall = Trap!
⚠️ Possibly a false liquidation (spoofing)
✅ Buying > Selling = Buying Pressure
📈 The market is trending upwards
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💡 Professional Tip:
Always confirm with indicators and candles
📌 Don't trade based on the order book only!
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🔁 Share it with those who need to understand the market correctly!