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Sell Stop Bitcoin Order Meaning

Sell Stop BTCUSD Order Meaning

A bitcoin Sell Stop Bitcoin Order is a pending order to sell a crypto after the bitcoin price rises to the set sell stop bitcoin order quote bitcoin price level.

The sell stop bitcoin order is always set to open sell below the existing market prices.

Sell Stop Bitcoin Order on Quote

In the bitcoin examples below a sell stop bitcoin order was set to open sell at a level below the ruling market price.

The bitcoin price then went down to hit the pending sell stop bitcoin order, & afterwards bitcoin price continued to move downward.

Sell Stop Bitcoin Order on Quote

Placing Sell Stopbelow Resistance Level - Sell StopMeaning

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

Sell Stop Bitcoin Order Explanation - Sell Stop Order - Sell Stop Order on Quote

Sell Stop Order Meaning - Pending Orders: Sell Stop

A sell BTCUSD trade was activated from a pending sell stop order after Bitcoin's price broke a support level in one example. Similarly, in another case, a downward breakout following a consolidation phase triggered a second sell stop order, as detailed in the example.

Sell Stop Bitcoin Order Explanation - Sell Stop Bitcoin Order Explanation - Sell Stop CryptoCurrency Order - Sell Stop Bitcoin Order on Quote

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