Order flow & order book

Order book: bids and asks explained

Order book – the list of resting orders

Quick definition: The order book lists resting orders that have not been filled yet. Bids are resting buy orders below the current price; asks are resting sell orders above it.

DeepDom reads the Binance Futures order book within ±2% of price and draws it as shaded cells on the chart (darker = more resting orders).

Resting orders can be pulled at any time.

💡 Example

Suppose BTC is at 100,000: resting buy orders at 99,800 and 99,500 are bids; resting sell orders at 100,200 and 100,600 are asks. A darker cell at 99,500 means more money is waiting to buy there.

📊 View on DeepDom →

Related terms

← View all 43 crypto terms

Educational content for reference only, not financial advice. Leveraged trading carries the risk of losing your entire capital.