MaxOrderBook - Aggregation of Order Books

What is MaxOrderBook?

MaxOrderBook (or Combined Order Book) is a tool that analyzes buy and sell walls in real-time, integrating orders from the order books of leading cryptocurrency exchanges.

Features:
Market Analysis: Track how much Bitcoin (BTC) the buy orders can absorb at different price levels to understand where support might appear.
Price Movement Prediction: Monitor the buy and sell walls to predict potential support and resistance levels.

How to use MaxOrderBook in practice?
Example for declines: if, for example, 2000 BTC is deposited on the spot exchanges, then on MaxOrderBook we can check up to which price level the buy orders are placed (left side), which are able to absorb the sale of 2000 BTC (this will be the point where the flag shows: Total: 2000 BTC)

Orders aggregated from exchanges such as:

• Binance 
• CoinBase 
• Kraken 
• Huobi 
• Gate.io 
• Bitfinex
• BitStamp 
• Binance.us 
• BitFlyer

How to interpret buy and sell walls?

Buy Wall

Indicates price levels with large accumulated buy orders. The higher the wall, the stronger the potential support.

Sell Wall

Shows price levels with substantial sell orders. Higher walls may indicate levels where the price might encounter resistance.



Benefits of MaxOrderBook: Allows monitoring of buy and sell walls across multiple exchanges simultaneously, giving an edge in predicting support/resistance levels.

Data update frequency: Data is refreshed every 8 seconds.

Number of exchanges in aggregation: Data comes from 9 different exchanges.

Application of MaxOrderBook: The left side presents buy walls, and the right side shows sell walls.

Risks:
Order Volatility: Buy/sell orders can be quickly changed or cancelled, hence it's important to continuously monitor MaxOrderBook.
Breaking Through Walls: Strong buying/selling trends can break through even large buy/sell walls.


See MaxOrderBook in action

Updated on: 12/11/2023