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Are there any reliable resources or tutorials available to learn how to read a market depth chart for cryptocurrencies?

avatarRAJ JOSEPHDec 25, 2021 · 3 years ago3 answers

Can anyone recommend reliable resources or tutorials that can help me learn how to read a market depth chart for cryptocurrencies? I'm interested in understanding the different buy and sell orders and how they impact the price movement. It would be great if the resources or tutorials are beginner-friendly and provide step-by-step guidance.

Are there any reliable resources or tutorials available to learn how to read a market depth chart for cryptocurrencies?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! One reliable resource that I can recommend is the 'TradingView' website. They have a comprehensive tutorial on how to read a market depth chart for cryptocurrencies. The tutorial covers the basics of market depth, order book, and how to interpret the buy and sell orders. It's a great starting point for beginners and provides clear explanations with visual examples. Give it a try! 🙂
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! If you prefer video tutorials, you can check out the 'CryptoCred' YouTube channel. They have a series of videos dedicated to understanding market depth charts for cryptocurrencies. The videos are well-explained and easy to follow, making it suitable for beginners. Plus, the channel covers other important topics related to cryptocurrency trading, so you can expand your knowledge further. Happy learning! 💪
  • avatarDec 25, 2021 · 3 years ago
    Definitely! BYDFi offers a comprehensive guide on how to read a market depth chart for cryptocurrencies. The guide covers everything from the basics of market depth to advanced strategies for analyzing buy and sell orders. It's a valuable resource for both beginners and experienced traders. You can find the guide on the BYDFi website under their 'Education' section. Take your trading skills to the next level with BYDFi! 💡