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Market depth for bitcoinDepth Of Market (DOM) — TradingView
To plot out the green line, or the bids, you place a dot on the horizontal access at every point. Tally the bids at each price point or below and place a dot representing that number on the vertical axis.
This represents the total dollar amount at that level. This shows in terms of bitcoin, but it is moved out so that values correspond to the USD totals on the left. This means that you can place your cursor at any point on the Bids line and know how much you could potentially sell at a given price.
You can do the same on the Asks line. Put your cursor anywhere and know precisely how many bitcoin you can buy at a given price. This is just the tip of the iceberg in regards to buying, selling, and trading bitcoin and other digital currencies.
Subscribe to the Bitcoin Market Journal newsletter to receive weekly updates and learn more about this fascinating industry. Sign up for our newsletter below, and keep us honest. Green Lines vs. Knowledge Is Power This means that you can place your cursor at any point on the Bids line and know how much you could potentially sell at a given price. How to Invest in Coinbase Stock. Best Stablecoins, Rated and Reviewed for Best Bitcoin and Cryptocurrency News Sites You can place orders at a specific prices To buy — click the cell at a price you want in the left column, to sell — in the right one.
These orders will be Limit or Stop orders by default. Logically, if you want to buy below current price it will be a Limit order, and to buy above will be a Stop . For selling — above price will be a Limit , and below is a Stop.
The picture below illustrates this. If you want to turn this off, you can do so in the settings. Click the label with the number next to the DOM — this is your order label. The limit level of such orders is duller in color, and the Stop level is more vibrant. If you are in a position on this symbol you either bought or sold some , your position size  will be shown as a number at the top of the DOM.
If you bought in a long position the box will be blue, and if you sold in a short position it will be red. To close the position or reverse it, use the Flatten  or Reverse buttons at the bottom of the DOM. How do I open DOM?