Cardano / TetherUS
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ADA CARDANO- the Definition of a Buy Stop order

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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

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.