Trade Bitcoin Trading

Types of Pending Crypto Orders

  • Buy Limit BTC/USD CryptoCurrency Order Specifies to open buy position at a level that is below the prevailing bitcoin trading market price
  • Sell Limit BTC/USD Crypto Order Specifies to open sell at a price level above the prevailing market btcusd crypto price
  • Buy Stop BTC/USD Crypto Order Specifies to open a buy position at a price that is above the present price.
  • Sell Stop BTC USD Crypto Order Specifies to open sell trade at a price that is below the current price.

Limit BTC/USD Crypto Orders and Stop Bitcoin Orders

Pending Bitcoin Orders are bitcoin orders used to start a new bitcoin trade when the btcusd market price gets to a bitcoin price that the trader has chosen.

Pending Bitcoin Crypto Currency Orders are used to either buy or sell when the price of bitcoin reaches a specific crypto price that's been set.

A pending cryptocurrency order becomes active once a predetermined Bitcoin price point is attained.

Pending BTC/USD Crypto Orders are used to enter a btcusd crypto trade at a specified btcusd crypto price level. It is almost impossible to monitor the btcusd crypto market every second and this is why a pending bitcoin crypto order can be used. If you feel the btcusd crypto market may take a certain action, like break through a particular bitcoin price level that 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 Bitcoin Order. Once the crypto prices quote crosses your given level, your pending crypto trading order is triggered.

There are 2 kinds of bitcoin orders you can set to happen later - btc/usd limit order & bitcoin stop order.

These pending crypto orders are also known as bitcoin trading entry orders.

Limit Crypto Order

An order to buy or sell at a designated limit.

With a pending limit bitcoin order, you may establish a buy position at a price below the current bitcoin price quote or sell at a price above the current bitcoin price quote.

When buying, a bitcoin pending limit crypto order starts or happens when the bitcoin price goes down to the bitcoin price level you set.

For a sell, a pending limit order triggers when bitcoin price climbs to your set limit level.

Bitcoin traders place these Limit BTCUSD Orders anticipating a price retracement once the specified bitcoin price level, targeted by the pending limit btcusd order, is reached.

  • Buy Limit Bitcoin Order Specifies to open buy position at a level that is below the prevailing bitcoin price

  • Sell Limit BTC/USD Crypto Order Specifies to open sell trade at a price that is above the prevailing bitcoin price

How Do You Set Buy Limit Bitcoin Orders and Sell Limit Bitcoin Orders in MT4 Platform - Pending Bitcoin Orders on MT4 Platform

Stop Bitcoin Crypto Currency Order

A bitcoin stop order tells your broker to open a buy position above the current price or a sell position below the current price.

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

When selling, an order to sell bitcoin at a certain point is done when the price goes down and reaches the bitcoin price you set.

  • Buy Stop BTC/USD Crypto Order Specifies to open a buy position at a price that is above the prevailing bitcoin price.

  • Sell Stop CryptoCurrency Order Specifies to open a sell position at a level that is below the prevailing bitcoin price.

How to Set Buy Stop and Sell Stop Bitcoin Orders in MetaTrader 4 – Placing Pending Bitcoin Orders on MT4

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