Depth Chart

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Depth chart is defined as a constantly changing display showing the total number of orders to buy and sell an asset (stock, cryptocurrency, etc.).

A depth chart is split in the middle, which is the price of the asset during the last trade. It is also organized across the bottom by price. On the left side you have the lowest buy order (price) that buyers hope the asset will become so they can buy it affordably. On the right you have the highest sell order (price) that sellers hope the asset will become so they can sell it for a large profit.

Displaying a massive number of buy orders and sell orders could get complex, so to keep things simple, all orders of the same price are displayed only once. In other words, depth charts stack all orders of the same price together. To reveal those details, you can put your mouse over the price and a pop-up will display the total quantity and value of the orders.

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