The bid/ask ratio (orderbook skew) is by far one of my favorite tools in the chest
Below are two indicators from Hyblock that use a global set of coins to display aggregated bid/ask depths and display a skew
This cycle has been the same story on repeat, watch out when asks heavily overtake the bids
And accumulate when the bids outweigh the asks
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The bid/ask ratio (orderbook skew) is by far one of my favorite tools in the chest
Below are two indicators from Hyblock that use a global set of coins to display aggregated bid/ask depths and display a skew
This cycle has been the same story on repeat, watch out when asks heavily overtake the bids
And accumulate when the bids outweigh the asks