How do I read or interpret these order book charts? Im new so

someone asks btc for a price
someone bids btc for a price

>>2282368
red unfulfilled sell orders, green unfulfilled buy.

If you want to predict immediate changes look at the orders themselves not the graph. The graph shows walls in the near future, which are harder to break through the taller they are (assuming they're real). Flat sections get gobbled up faster.
Also, for analyzing orders use cryptowatch instead.

I got you OP

https://warosu.org/biz/thread/S2237688

test

testing

>>2282469
>>2282429
>>2282413
>>2282384
Thank you, I will continue to study. Not sure why something that seems so simple is very visually confusing to me.

>>2282368
>bids, the term used for sell orders and red are called asks, a term for buy orders

you have this backwards

a bid is a buy order (the bidding price, like in an auction)
an ask is a sell order (the asking price, like in a store)

>>2282368
Finance terms, blame their lingo

>>2282624
the thing you are confused about I think is that when YOU want to buy RIGHT NOW you have to pay the asking price

when you want to sell RIGHT NOW you have to pay the bid price

these are called 'market orders'

as opposed to the 'limit orders' of the bid/ask