Crypto Terms:
Letter D
Jun 19, 2023 |
updated Apr 02, 2024
What is Depth Chart?
Depth Chart -
is a tool for assessing cryptocurrency supply and demand at any given period and price.
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Let's find out Depth Chart meaning, definition in crypto, what is Depth Chart, and all other detailed facts.
A depth chart can be referred to as a graphical depiction of an order book, which is a list of existing purchase or sell orders for an asset at various price points.
The chart plans bids and asks on a graph, grounded on limit orders. It also shows a specific part at which the market is the most suitable to endure a transaction.
The components of a depth chart include a bid line, an ask line, a horizontal axis, and a vertical axis.