The order book shows you where liquidity sits. It doesn't show you where price will go.
Large limit orders are often moved or cancelled before price reaches them. What you see is intent, not commitment.
More useful than reading the book: watching where price *reacts* when it touches a level. Rejection with volume is confirmation. Passive acceptance means the order either filled or got pulled.
Price action tells the truth. Order books tell a story.
#TradingEducation #Crypto #CryptoTA
Large limit orders are often moved or cancelled before price reaches them. What you see is intent, not commitment.
More useful than reading the book: watching where price *reacts* when it touches a level. Rejection with volume is confirmation. Passive acceptance means the order either filled or got pulled.
Price action tells the truth. Order books tell a story.
#TradingEducation #Crypto #CryptoTA