Buy Limit Bitcoin Order versus Buy Stop Bitcoin Order

Buy Limit Bitcoin Order Definition

A buy limit bitcoin order is a pending order to buy a bitcoin pair at a better bitcoin trading price after bitcoin trading price has retraced from its current quote level.

A buy limit bitcoin order is an order to buy at a lower bitcoin trading price than the ruling bitcoin quote bitcoin trading price

A buy limit bitcoin order is only executed when the bitcoin trading price falls and retraces to the set buy limit bitcoin trade order zone.

What's a Buy Limit Bitcoin Crypto Order Example?

Buy Limit BTCUSD Crypto Currency Order Meaning - buy limit bitcoin order is an order to buy at a certain bitcoin price which's a pull-back area where bitcoin price is predicted to pullback to before resuming original Bitcoin trend.

Traders use buy limit bitcoin orders to buy at better market bitcoin trading price.

An entry buy limit bitcoin order of this type can be used to buy below the current market bitcoin trading price level (retracement in an up btcusd trend bitcoin market).

Buy limit cryptocurrency trading order - When buying, your entry buy limit bitcoin order is executed when the btcusd market drops to your set bitcoin trading price. ( bitcoin trading price retraces down)

Entry buy limit bitcoin orders are placed by bitcoin traders when they expect bitcoin trading price to bounce back after reaching this buy limit bitcoin trade order zone.

Buy Limit BTCUSD Crypto Currency Order used to buy at a level below the prevailing market level.

Buy Limit BTCUSD Crypto Currency Order Example

In the bitcoin example illustrated below, the buy limit bitcoin order was placed to buy at a bitcoin price below the prevailing market bitcoin trading price. Point B is the point at which the buy limit bitcoin order was set.

Difference between Buy Stop BTCUSD Crypto Currency Order & Buy Limit BTCUSD Crypto Currency Order

Difference between Buy Stop Order & Buy Limit

The bitcoin trading price quote then retraced and went down to hit the buy limit bitcoin order, and afterward the bitcoin trading price continued to move upwards in direction of the original bitcoin upwards trend. When the bitcoin limit buy order was hit it changed to a bitcoin buy order.

Difference between Buy Stop BTCUSD Crypto Currency Order and Buy Limit Bitcoin Order

Difference between Buy Stop Order and Buy Limit

Buy Stop BTCUSD Order Definition

A buy stop bitcoin order is a pending order to buy a bitcoin pair after the bitcoin price rises to the set buy stop bitcoin order bitcoin trading price zone.

The buy stop bitcoin order is always set to buy above the existing market price.

Buy Stop Bitcoin Order Example

In the bitcoin examples below a buy stop bitcoin order was placed to buy at a level above current market price.

The bitcoin trading price of the bitcoin pair then went up to hit the buy stop bitcoin order, and afterward the bitcoin trading price continued to move upward.

Buy Stop BTCUSD Order & Buy Limit BTCUSD Order

Buy Stop Order and Buy Limit

The buy stop bitcoin order is also used to set pending buy order when there is a bitcoin consolidation chart pattern. The buy stop bitcoin order is used to set a buy order just above the consolidation chart pattern as shown on the trading example illustrated below so that if there a bitcoin trading price break out up-wards after the bitcoin consolidation pattern then a new buy order is opened - by buy stop bitcoin order once the buy stop bitcoin price quote level set is reached.

Buy Stop Bitcoin Order & Buy Limit Bitcoin Order - Difference between Buy Stop Order & Buy Limit Order

Buy Stop Order & Buy Limit

A buy bitcoin trade signal was generated from the above buy stop bitcoin order when the bitcoin trading price broke a resistance area in the first example & when there was an upwards bitcoin trading price breakout after a bitcoin consolidation pattern on the second buy stop bitcoin order example.

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