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CRYPTO ASHLEY
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💰BTC Over the past 24 hours, the price of the first cryptocurrency showed extremely positive dynamics. Let's take a closer look at this situation. The growth from my first forecast is already more than +5% at the peak ✅ It continues to develop and will most likely lead to a buildup of momentum. The main resistance level at ~$69,300 📈 was broken. Now the price should go above the marks ~$71,400 and ~$72,450. In the future, I expect the uptrend on Bitcoin to develop$BTC #DYOR #NFA

💰BTC

Over the past 24 hours, the price of the first cryptocurrency showed extremely positive dynamics. Let's take a closer look at this situation.

The growth from my first forecast is already more than +5% at the peak ✅ It continues to develop and will most likely lead to a buildup of momentum.

The main resistance level at ~$69,300 📈 was broken. Now the price should go above the marks ~$71,400 and ~$72,450.

In the future, I expect the uptrend on Bitcoin to develop$BTC #DYOR #NFA

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#EDUCATIONAL_POST Stop-Limit Order vs. Limit Order Limit Order A limit order is an instruction to buy or sell a specific amount of cryptocurrency at a specified price. Here's how it works: - Buy Limit Order: You specify the maximum price you're willing to pay. - Sell Limit Order: You specify the minimum price you're willing to accept. Usage: - Buy Limit Orders: Placed below the current market price. - Sell Limit Orders: Placed above the current market price. - At Market Price: Likely filled within seconds unless in an illiquid market. Example: - If the current price of Bitcoin is $30,000, you might set a buy limit order at $29,500. If the price drops to $29,500, your order will be executed. Stop-Limit Order A stop-limit order combines a stop order and a limit order. It specifies the conditions under which a trade should be executed: - Stop Price: The price that triggers the creation of a limit order. - Limit Price: The price at which the trade will be executed once the stop price is reached. Usage: - Triggering: The stop price activates the limit order. - Execution: The limit price determines the exact price at which the order will be executed. Example: - You own Bitcoin and want to sell if the price drops to $28,000 to limit your losses but want to ensure you get at least $27,800. - Stop Price: $28,000 (triggers the order) - Limit Price: $27,800 (minimum price you're willing to accept) Key Differences - Purpose: - Limit Order: Directly specifies the price for buying or selling. - Stop-Limit Order: Specifies a trigger price and a limit price for more controlled execution. - Flexibility: - Limit Order: Simpler, immediate execution based on price. - Stop-Limit Order: Provides more control and can prevent unwanted trades during high volatility. How Does a Stop-Limit Order Work? 1. Set Stop Price: Determines when the limit order is activated. 2. Set Limit Price: The price at which the order will be executed once the stop price is hit. 3. Activation: When the stop price is reached, a limit order is created.
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