How To Read Depth Chart
How To Read Depth Chart. On the left (green) side you have the lowest buy order (price) that buyers hope the asset will become so they can buy it affordably. Depth charts are something to essentially show the supply and demand at different prices.
The x-axis values are too wide. And the 'ask' side of the order book is represented on the right side of the chart, which has a red line. 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.
Market depth charts visualizes the 'bid' [buying] and 'ask' [selling] sides of the order book.
This article will walk you through everything you need to know about these powerful tools.
The x-axis values are too wide. If you're new to the world of digital currencies (or you're not. Scales are expressed as ratios and differ from map to map.
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Veronica Cain
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