An order book is a list of orders that presents different offers from buyers and sellers for a specific cryptocurrency.
It shows the prices and volumes that people in the market are willing to buy and sell the security.
An order book shows the buy and sell prices in real-time (constantly being updated). It allows market participants to make informed decisions.
Moreover, it helps market participants understand the market trends and dynamics over time.
An order book is a useful tool for traders. Learning how to read it can help traders tremendously in understanding the market they’re currently trading in or about to enter.
Studying the order book in the long term enables traders to know whether or not the market of a security is healthy.
The more information traders can learn about the market, the more informed decisions they can make about their orders.
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