🔍 Do you want to see the market as whales see it?
📊 The depth chart is a secret weapon for the smart trader – and most beginners don't use it!
⬇️ Here's a quick and easy guide to understand and use it to predict reversals before everyone else:
🔹 Step 1: What is 'Depth Chart'?
✅ Simply put: it is a live visual representation of buy and sell orders in the market.
🟢 Green area = Buying pressure (Support)
🔴 Red area = Selling pressure (Resistance)
✨ Gives you an instant glimpse of the bull 🐂 and bear 🐻 battle in the market.
🔹 Step 2: Where to find it in #Binance ?
📱 The method:
Choose any currency pair (e.g., BTC/USDT)
Click on the 'Depth' option at the top of the chart
Buying curves (Green) and selling (Red) will appear directly
⚡ Fast – Easy – Crucial!
🔹 Step 3: How to read market 'Walls'?
🧱 Walls = massive order blocks that affect the direction:
💚 Large buy wall = Potential strong support
❤️ Large sell wall = Incoming fierce resistance
💡 Whales often set it to determine the direction… or to deceive you 😈
🔹 Step 4: Beware of fake walls!
🚨 Not every wall is real!
❌ Show up suddenly and disappear? → Fake for manipulation
✅ Stay and grow slowly? → Often serious and influential
👀 Watch the frequency, volume, and speed of change to uncover the truth.
🔹 Step 5: Connect the depth with the chart
🎯 Best way to benefit:
Identify support/resistance areas on the chart
Compare them with the depth chart
If they match → High probability of a bounce! 🔁
💪 Combining classic analysis with depth = a lethal weapon!
🧾 Additional information: Don't forget the order book
From the same screen, click on 'Order Book'
Watch for large accumulated orders – often behind them are the whales!
📲 Try it now!
Open any active currency, run the depth chart, watch the walls, and analyze the market with the eyes of whales! 🐋
