I agree with AGO it is a less meaningful evaluation. However normally when deciding when to buy and sell, especially when buying, I'll look at market depth to gauge momentum.
Even with AGO the trick is to look at depth around the market price, and ignore the volume too far from market which is far less meaningful.
for example right now:
it's stable at .035 to .036
Column 1
Column 2
Column 3
Column 4
Column 5
Column 6
0
41
11,412,171
0.035
0.036
8,990,298
12
1
21
9,415,147
0.034
0.037
15,042,930
32
2
26
8,566,976
0.033
0.038
12,442,499
28
compared with totals
Column 1
Column 2
0
469 buyers for 190,730,889 units
546 sellers for 338,779,220 units
Totals incorrectly indicate massive sales volume, to falsely conclude it's better to wait for a lower price.
AGO Price at posting:
3.5¢ Sentiment: None Disclosure: Held