Coinmonks
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Coinmonks

Bitcoin and Altcoin Trading Tip — What is Order Flow Trading?

As the Bitcoin price and the rest of the crypto market are primarily driven by technical analysis and the wealth of charting software available, the order book is a powerful tool to gauge the probabilities of market direction.

The reading of buying and sell demand in the order book is called “order flow.” This can help day traders who are scalping the market to improve their profitability.

But order flow also helps all types of traders to identify spoof orders outside of day traders. Especially in a…

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TheLuWizz

TheLuWizz

Talk about crypto stuff, personal development, entrepreneurship, travel experiences, and things that inspire me! No financial advice!