Topic: Orderbook in binance (Read 288 times)
When I day-trade I am used to take a look at the order book to find support and resistance levels, yesterday for example there were in the book two big levels for USDtheter/BTC
One level in ask was at price (i don't remember now) with 20'000 conctracts.
The other level was at bid price with 35'000 contracts.
Can you explain me please how one shoulf behave in this case? Which one is the support and which one is the resistence? The ask level or bid level?
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