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What is your interpretation of this particular order book?

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Thread replies: 13
Thread images: 2

File: The Game.jpg (67KB, 1192x448px) Image search: [Google]
The Game.jpg
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What is your interpretation of this particular order book?
>>
lotta interest in buying it low. not a lot of people looking to sell it low. basically it means nothing
>>
What coin?
>>
>>2288477
few hours into a pump
>>
>>2288494
Hmm...
>>2288495
PIVX
>>
>>2288477
Can anyone of you guys explain to me what means this graphic? I don't understand, please.
>>
thats a buy

slap the ask get in now while you still can at this level
>>
>>2288532
means buyers want in before it spikes and sellers know it will go higher. moon incoming
>>
>>2288546
it is the orderbook
it shows the limit orders that are placed at the moment
>>
>>2288546
No coiner here: X axis is volume, Y axis is price in satoshi im guessing. So the pic is showing you the amount of volume that people are willing to buy (green) and sell (red) at each price.

In non-crypto trading (I'm assuming it's the same with crypto), the difference between highest buyers' bidding price, and lowest sellers' asking price is called "the spread".
>>
>>2288598
FUCK - Y axis is volume, X axis is price, sorry
>>
File: The Game 2.jpg (63KB, 1194x453px) Image search: [Google]
The Game 2.jpg
63KB, 1194x453px
>>2288553
As soon as i made this thread a massive sell-wall emerges.
>>
>>2288477
Looks like a shit ton of support buys to make it look like there is more demand than there really is for whatever coin that is.
Thread posts: 13
Thread images: 2


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