Trade Bitcoin Trading

4 Types of Pending Bitcoin Orders in Bitcoin Trading

  • Buy Limit Bitcoin Crypto Currency Order Specifies to open buy at a level below the ruling bitcoin trading market price
  • Sell Limit BTCUSD Crypto Currency Order Specifies to sell at a level above the prevailing market bitcoin crypto currency price
  • Buy Stop Bitcoin Crypto Currency Order Specifies to open buy at a level above the prevailing price.
  • Sell Stop BTCUSD Crypto Currency Order Specifies to open sell at a level below the prevailing price.

Limit Bitcoin Crypto Orders and Stop Bitcoin Crypto Currency Orders

Pending Bitcoin Orders are bitcoin orders that are used to open a new bitcoin trade position after the btcusd trading market reaches a bitcoin price specified by the trader.

Pending Bitcoin Crypto Currency Orders are used to buy or sell when the bitcoin crypto currency price quote attains a certain bitcoin crypto currency price target.

When a particular bitcoin price level is reached then a pending cryptocurrency trading order is executed.

Pending Bitcoin Crypto Currency Orders are used to enter a bitcoin crypto currency trade at a specified bitcoin crypto currency price level. It's almost impossible to monitor the bitcoin crypto currency market every second & this is why a pending btcusd crypto order can be used. If you feel the bitcoin market might take a certain action, such as break through a particular bitcoin price level which it has been testing but it has not been able to breakout this level, then as a trader you would want to use a Pending BTCUSD Crypto Order. Once the btcusd crypto prices quote crosses your given level, your pending cryptocurrency trading order is executed.

There are 2 different types of pending btcusd crypto trading orders - btcusd limit order and bitcoin stop order.

These pending cryptocurrency orders are also referred to as bitcoin trading entry orders.

Limit BTCUSD Crypto Order

An order to buy/sell at a specific limit.

An bitcoin pending limit bitcoin order can be used to open buy below the ruling bitcoin price quote or sell above the ruling bitcoin price quote.

When buying, bitcoin pending limit cryptocurrency trading order is executed when the bitcoin price falls to your limit bitcoin price quote level.

When selling, bitcoin pending limit cryptocurrency trading order is executed when the bitcoin price rises to your limit bitcoin price quote level.

These Limit Bitcoin Orders are placed by bitcoin traders when they expect the bitcoin price to bounce back after reaching the bitcoin price quote level at which the pending limit bitcoin trading order was opened.

  • Buy Limit BTCUSD Crypto Order Specifies to open buy at a level below the ruling bitcoin price

  • Sell Limit BTCUSD Crypto Currency Order Specifies to open sell at a level above the ruling bitcoin price

How to Place Buy Limit Bitcoin Orders and Sell Limit Bitcoin Orders in MT4 - Pending Bitcoin Orders in MT4

Stop BTCUSD Crypto Order

A bitcoin stop order is an order to open buy above the ruling market price or to open sell below the ruling bitcoin price.

When buying, a pending stop bitcoin order is executed as the bitcoin market goes up & hits buy stop bitcoin price quote level.

When selling, a pending stop bitcoin order is executed as the market price moves down and hits the sell stop bitcoin price quote level.

  • Buy Stop Bitcoin Crypto Order Specifies to open buy at a level above the ruling bitcoin price.

  • Sell Stop BTCUSD Crypto Order Specifies to open sell at a level below the ruling bitcoin price.

How to Place Buy Stop Bitcoin Orders and Sell Stop Bitcoin Orders in MT4 - Pending Bitcoin Orders in MT4

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