📊 What Is an Order Book in Crypto Trading?
👉 Ever wondered how crypto prices are determined?
👂 It all happens in the order book.
👉 Order Book = Live Ledger
👆 It shows all buy (bids) and sell (asks) orders placed by traders in real-time.
👇 Buy Orders (Bids):
🤞 Traders willing to buy a coin at a certain price.
👇 Sell Orders (Asks):
👊 Traders offering to sell at their desired price.
⚡ Where Trades Happen:
👉 When a bid matches an ask — a trade is executed.
👂 Why It Matters:
💪 Watching the order book helps you spot support/resistance and detect large "whale" trades.
👆 Best Way to Enter a Position:
👉 Place your buy order just above a strong buy wall to increase your chance of getting filled before a breakout, with minimal slippage.
👇 If sell walls dominate → downward pressure
👆 If buy walls dominate → upward momentum
💪 Mastering the order book gives you an edge in short-term trading.
#CryptoTrading. #OrderBookSecrets #tradingtips #Binance #dyor