Discover and read the best of Twitter Threads about #OrderBookAnalysis
Most recents (1)
1/6 #OrderBookAnalysis 🧵
TLDR: Liquidity=Sentiment
Liquidity placement in the order book reveals #Sentiment for a price range! 📊📈
💧 When more liquidity is concentrated around a particular price level, it indicates increased confidence or interest from #traders...
TLDR: Liquidity=Sentiment
Liquidity placement in the order book reveals #Sentiment for a price range! 📊📈
💧 When more liquidity is concentrated around a particular price level, it indicates increased confidence or interest from #traders...
2/6 Analyzing the order book with a #DataViz tool like #FireCharts helps you mitigate risk by replacing speculative decisions with data based decisions.
No reason to speculate when you can literally see where higher concentrations of liquidity mark resistance and support.
No reason to speculate when you can literally see where higher concentrations of liquidity mark resistance and support.
3/6 Knowing where liquidity ISN'T, is as important as knowing where it is. Thin liquidity indicates zones with greater potential for volatility since price moves through them with less friction.
But there is one more aspect of #OrderBookAnalysis I personally value the most...
But there is one more aspect of #OrderBookAnalysis I personally value the most...
