Guys, I placed a limit spot order of 100 whole units of tokens at a price lower than 60% of the current price, I go to the order book with the order display setting at 1 and my order does not appear, it stops at orders of about -20% of the current price….
I wonder then:
Is the order book displayed on Binance real and reliable?
Do they not show it to avoid spreading fear?
I am trying to understand this because it calls into question the reliability and transparency of where I invest my capital..
Then it creates a problem, we know that orders can be fictitious and created just to try to manipulate the markets only to be canceled later, but seeing the concentration of orders at the bottom allows one to get an idea of where the biggest resistance is, which could be the bottom in case of a vertical price drop during moments of extreme sudden volatility… this falsifies the game cards by hiding important information that should be transparent 🤔