Buy Stop BTCUSD Order Example
Buy Stop Bitcoin Order Meaning
A bitcoin buy Stop order is an order to buy a crypto after the bitcoin price rises to the set buy stop bitcoin price zone.
The buy stop bitcoin order is always set to buy above the existing cryptocurrency market price.
Buy Stop BTC USD Crypto Order
In the bitcoin trading examples below pending buy stop bitcoin order was used to buy at a level above current price.
The bitcoin trading price pair then went up to hit the buy stop bitcoin order, & afterward bitcoin trading price continued to move upward.
Buy Stop Bitcoin Order Meaning - Buy Stop Bitcoin Order Definition
The buy stop bitcoin order is also used to set pending bitcoin order when there is a consolidation cryptocurrency chart pattern on a trading chart. The buy stop bitcoin order is used to set a buy order just above the bitcoin consolidation cryptocurrency chart pattern as shown on the bitcoin example illustrated below so that if there's a bitcoin trading price break out upward after the consolidation cryptocurrency chart pattern then a new buy order is opened by the pending buy stop bitcoin order - once the buy stop bitcoin price set is reached.
How to Put a Buy Stop Order in Crypto Break-out - Buy Stop Order Example
A Buy bitcoin crypto trading was opened from the above bitcoin pending buy stop bitcoin order when the bitcoin trading price broke a resistance level in the first bitcoin example & when there was an upward bitcoin trading price breakout after a bitcoin consolidation cryptocurrency pattern on the second buy stop bitcoin order bitcoin example.
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