A display system of an excavating machine including a work machine having a bucket with an excavation edge and an arm to which the bucket is swingably attached, and a body to which the work machine is attached, the system including: a vehicle condition detector detecting first information related to a current position of the excavating machine and second information related to a posture of the body; a storage storing position information of a target surface indicating a target shape of an object and appearance information of the bucket; and a processor obtaining virtual images indicating positions of planes passing through both ends of the excavation edge from among planes parallel to a plane on which the arm moves based on the first and second information, and the appearance information, and displaying the virtual images on a screen with the bucket as viewed from above the excavating machine.