of 500.2 BTC units waiting to be filled with a bid of 6,263. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. If there is a very large sell order unlikely to be filled due to lack of demand at the specified price level, then sell orders at a higher price cannot be executed therefore making the price level of the wall a short-term resistance. This price is known as the ask. Disclosure : The author holds BTC, AST, REQ, OMG, fuel, 1st, and AMP at the time of writing. But while all order books serve the same purpose, their appearance can differ slightly among exchanges. In this case, the buy wall is helping the 6,263 price level of bitcoin act as short-term support. In the Bitfinex order book, you will also see the terms count and total. I probably also want to make the upper chart somewhat zoomable but it's a bit tricky, because when I'm sending too much data it can be too heavy on the user side. A tool that visualizes a real-time list of outstanding orders for a particular asset, order books represent the interests of buyers and sellers, offering a window into supply and demand. It takes two to tango in the world of crypto trading, where a dynamic relationship between buyers and sellers is always on display in something called an order book.
Combined order book chart : BitcoinMarkets - reddit Order book - Bitstamp Live combined order book : Bitcoin - reddit
The count refers to how many orders are combined at this price level to create the amount, whereas the total is simply a running total of the combined amounts. It's not a final version, it may use a bit more of your CPU than it will when improved. The Buy Side, the buy side represents all open buy orders below the last traded price. This offer from the buyer is known as the bid. I'd like to know what can be improved, what's not clear etc.
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