Analysing order depth charts

Just a question upon looking at the order depth charts. Fe ETH/BTC, does that mean that on the left we can view the ETH asks for a specific amount, and on the right who wants to sell their Ethers for BTC towards that specific marketrange?

Large walls on the right can indicate a price stagnation or drop? Or what conclusions can be made upon looking at these charts. fe: http://ift.tt/2toCV09 a lot of sells on BTC and few buys on ETH, does that indicate a drop or how to interpret?

submitted by /u/MasterJ09
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