What does the vertical axis means?

[iarkusha]

Could please somebody to explain to me what does the vertical axis means on the market depth?

What is it and in what units?


Image attached.

https://i.imgur.com/LeXpK61.png

[iarkusha]

I understand that horizontal it's a price, but what about vertical??

[fonenumba]

hemmm

i think its amount of this price orders

like 056 price have 50 orders inside one price and etc

whats u think ? i think this is one .

may be iam mistaken

[chris200x9]

hemmm

i think its amount of this price orders

like 056 price have 50 orders inside one price and etc

whats u think ? i think this is one .

may be iam mistaken

If I'm not wrong vertical column shows the volume of buy and sell orders quantity.

In the attached image sell order quantity is more than a buy order quantity that means the price of that coin may go down if the sell order stays like that for more time.

[icons6]

Vertical axis is a coordinate system in which the coordinates of a point are its distance from a set of perpendicular lines that intersected at an origin such as two lines in a plane or three in space.