๐Ÿ“Š What Is an Order Book in Crypto Trading?

๐Ÿ‘‰ Ever wondered how crypto prices are determined?

๐Ÿ‘‚ It all happens in the order book.

๐Ÿ‘‰ Order Book = Live Ledger

๐Ÿ‘† It shows all buy (bids) and sell (asks) orders placed by traders in real-time.

๐Ÿ‘‡ Buy Orders (Bids):

๐Ÿคž Traders willing to buy a coin at a certain price.

๐Ÿ‘‡ Sell Orders (Asks):

๐Ÿ‘Š Traders offering to sell at their desired price.

โšก Where Trades Happen:

๐Ÿ‘‰ When a bid matches an ask โ€” a trade is executed.

๐Ÿ‘‚ Why It Matters:

๐Ÿ’ช Watching the order book helps you spot support/resistance and detect large "whale" trades.

๐Ÿ‘† Best Way to Enter a Position:

๐Ÿ‘‰ Place your buy order just above a strong buy wall to increase your chance of getting filled before a breakout, with minimal slippage.

๐Ÿ‘‡ If sell walls dominate โ†’ downward pressure

๐Ÿ‘† If buy walls dominate โ†’ upward momentum

๐Ÿ’ช Mastering the order book gives you an edge in short-term trading.

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