A Buy-Stop order is when you place an order to buy at a higher price (over a resistance).
As we had stated on our last ADA CARDANO post, the 1,398$ mark is a hug resistance and it remains as such. Take a look, we were right again
In simple words: it might not make too much sense to a beginenr but in many occasions (this one being a great example, the definition) we prefer to buy at a higher price, over the resistance, when we are re-assured that the price is poised for a bigger price tag.
Buy Stop orders over this resistance at 1,398
Cardano remains our favorite.
the FXPROFESSOR
As we had stated on our last ADA CARDANO post, the 1,398$ mark is a hug resistance and it remains as such. Take a look, we were right again
In simple words: it might not make too much sense to a beginenr but in many occasions (this one being a great example, the definition) we prefer to buy at a higher price, over the resistance, when we are re-assured that the price is poised for a bigger price tag.
Buy Stop orders over this resistance at 1,398
Cardano remains our favorite.
the FXPROFESSOR
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🌍🚀 CryptoGPT Trading Agent is the Future:
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📣 Professor's Public Telegram:
💬 t.me/fxprofessor88
🌍🚀 CryptoGPT Trading Agent is the Future:
cryptogpt.io/
💹 Join My Forex Community:
fxprofessor.com/forex-special
💬 t.me/fxprofessor88
🌍🚀 CryptoGPT Trading Agent is the Future:
cryptogpt.io/
💹 Join My Forex Community:
fxprofessor.com/forex-special
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.