Resting orders can be spoofs so they aren't reliable...charts are a visual of the actual price action. As my screenshots show this was clearly just a triangle.
A footprint is something that's already happened, I dont see how that will help you predict what's going to happen next. Also dont you worry about Spoofing? I know it's suppose to be illegal but I'm sure quite a bit of it still goes on.
Footprint show you when things start to happened. Footprint show you the aggressive and the commitment of the buyers or sellers. Footprint show you the change in the commitment during the session.Footprint chart show you everything you need to know during the session.
Staring at level 2 quotes might help you on an extremely short term basis(maybe) but otherwise I dont put much stock in it(no pun intended). I myself enter limit orders several times a week but cancel them before they get filled simply because I changed my mind based on the way price acted.
To understand how the market moves by prices and the order size with caveat since there are other special circumstances such as delayed reporting of certain orders and hidden orders and other special cases that affect the benefits of tape reading
just because someone can't extrapolate profitable info from the tape doesn't mean someone else can't.
Price moved away from what I considered a good entry point. I'm not a big fan of chasing but there have been times when I wish I would have.