Can someone ELI5 depth charts?

Green are buys, like the number of people with a buy order of a crypto at that price? And reds are sells, number of people that will post a sell when the crypto is trading at that rate?

And the smaller the wall is at one price (vertically) means only a small number of people buying/selling at that price?

So theoretically, small red walls on a coin with large volume generally mean the price should be going up?

submitted by /u/endisbegun27
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