Cryptocurrency Q&A
How to read a liquidity heat map?
How to read a liquidity heat map?
JejuSunshineSoulMate
Sun Dec 29 2024
|
5 answers
1131
I'm trying to understand how to interpret a liquidity heat map. I want to know what the different colors on the map represent and how they can help me assess market liquidity for trading.
5 answers
CryptoBaron
Tue Dec 31 2024
The video on Bookmap's YouTube channel, dated October 16th, 2024, explains how a Liquidity Heatmap works.
Was this helpful?
199
46
GyeongjuGloryDaysFestival
Tue Dec 31 2024
The focus is on a specific column within the heatmap that presents crucial market data. This column is designed to showcase liquidity in the market.
Was this helpful?
269
20
Nicolo
Tue Dec 31 2024
The column displays both numerical values and a histogram representation of the limit cell orders. These orders are placed at the best offer and above, indicating the willingness of sellers to part with their assets at certain prices.
Was this helpful?
345
64
SapphireRider
Tue Dec 31 2024
Additionally, the column also presents limit orders placed at the best bid and below. This represents the buying interest in the market, showing how much buyers are prepared to pay for assets.
Was this helpful?
161
86
Bianca
Mon Dec 30 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to this type of market analysis. Their platform includes spot and futures trading, as well as a secure wallet service. Traders can utilize these tools to gain insights into market liquidity.
Was this helpful?
157
54
