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whats going on everyone in this video we are going in-depth with depth charts [Music] we have already seen how the price chart allows us to visualize the trade history and we will now see how the depth chart allows us to visualize the order book before we go deep on the chart lets take a look at what we will learn these are the questions that we will answer how is each point on the depth chart calculated why is the depth chart called a depth chart and how do we interpret its values what causes the depth chart to change we will also touch on a few important pitfalls to watch out for that can cause the depth chart to be misleading were going to use G decks to explore the concept of a depth chart but what we will learn is universal it applies the same no matter which exchange you use lets begin by examining how the depth chart is calculated at each point the horizontal axis is stated in terms of the quote currency the quote currency is said to do the pricing in this case we have a BTC