what does the depth chart mean on binance

Last Updated on January 28, 2023 by Paganoto

How does a depth chart work? | Sfox Trading Help Center

How does a depth chart work? | Sfox Trading Help Center

A depth chart illustrates both sides of supply and demand to show how much of an asset you can sell at a particular price point. A depth chart is split in the middle, which is the price of the asset during the last trade. It is also organized across the bottom by price.

How to Read a Bitcoin Depth Chart – River Financial

How to Read a Bitcoin Depth Chart – River Financial

What Is Represented by a Depth Chart

Understanding Order Book and Market Depth | Binance Support

Understanding Order Book and Market Depth | Binance Support

The quantity of orders being bid on or offered at each price point, also known as market depth, is listed in an order book. They provide vital …

Can someone please explain what this depth chart in Binance …

Can someone please explain what this depth chart in Binance …

Basically, it’s like a histogram of buy (green) and sell (red) orders. The green decreases as you go to right because more people are trying to …

Market depth, order book, and live trades feed

Market depth, order book, and live trades feed

The depth chart graphically represents the order book of the current market in real-time. The last-traded price takes the middle point, …

Learn what a depth chart is and how to create it in Python

Learn what a depth chart is and how to create it in Python

A depth chart is a kind of visualization that informs us about the demand and supply of a particular asset (stock, commodity, crypto, etc.) at …

How to read a crypto market depth chart, and why people went …

How to read a crypto market depth chart, and why people went …

Reading a depth chart​​ Left to right is USD price, bottom to top is quantity of USDT. The red (left) is “buy” orders for USDT when the USD price …

Understand the Market Depth Charts in Trading – HackerNoon

Understand the Market Depth Charts in Trading – HackerNoon

Again, a line on a chart is simply made up by plotting dots. Each dot on a depth chart line represents how much can be traded at that point.

What is the Depth Chart? – Phemex

What is the Depth Chart? – Phemex

The Depth Chart is a fundamental element or module on the Phemex Trading Page. It displays a visual representation of all the buy and sell orders on the …