Post
Topic
Board Speculation (Altcoins)
Re: 🚀🚀🚀🗳 The New Era of Pump and Dump shittycoins Starting HERE🗳 🚀🚀🚀
by
Red.
on 04/08/2017, 12:29:32 UTC
Ok I'm asking for a bit of help here to understand the Order book charts.

Here's what I understand, please feel free to point out where I'm wrong or what I'm missing.

- It appears that there are many more buyers than sellers
- There are some buy walls (if I can call them that) at 1980, 1966, 1929 which are points with a lot of buy orders ready to execute. But this does look like if the price starts to fall it will fall with jumps.
- For sellers there are no real walls, its just a steep slope upwards, eaming the price flucturation will not be very high in a upwards trajectory, it will rise smoothly.

Not sure how much help that information is, but it looks like its a indicator of short term movement / strength.

Also there seem to be buy orders worth total 60 BTC vs around 90000 BTC worth of sell orders, Does this seem right?

Am i Reading too much into it?

I would post an image but cant seem to get it to work.