Beginners Guide to Analysis Techniques

Written by anti-danilevsky | Published 2020/07/28
Tech Story Tags: crypto | analysis-techniques | market-depth | scalping | dom | trading-volume | build-stage | support-and-resistance

TLDR Depth of Market (DOM), also known as the order book, is an indicator that reflects the mood of bidders and is one of the most important tools of any trader. It is displayed as a list with digital indicators of current orders to buy/sell a specific asset at prices set by the participants. Through the examination of this indicator, one can analyze the level of demand and supply, and give a short-term forecast, which is subsequently used in “scalping”via the TL;DR App

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Written by anti-danilevsky | Founder & CEO at Kick Ecosystem. Crowdfunding & Blockchain evangelist since 2009
Published by HackerNoon on 2020/07/28