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Do you see more than just the price? Learn to read the Order Book on Binance!
🧐 Do you see more than just the price? Learn to read the Order Book on Binance!
The price you see on the main screen is just the last completed transaction. But if you want to know what will happen shortly, you need to look into the Order Book. That’s where you will see the “intentions” of other players.
🔴 Red mountain and 🟢 Green bottom – what is it?
The order book is a list of buy and sell offers that are waiting to be executed:
Mountain (Red): These are SELL (ASK) orders. Here stand people who want to sell their crypto at a specified price.
The price you see on the main screen is just the last completed transaction. But if you want to know what will happen shortly, you need to look into the Order Book. That’s where you will see the “intentions” of other players.
🔴 Red mountain and 🟢 Green bottom – what is it?
The order book is a list of buy and sell offers that are waiting to be executed:
Mountain (Red): These are SELL (ASK) orders. Here stand people who want to sell their crypto at a specified price.
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