piroozman

Set a BUY STOP LIMIT order above a triangle

Panjang
BINANCE:ALGOUSDT   Algorand / TetherUS
In the BUY STOP LIMIT order, You have analyzed that the price of an asset may go above a certain range. Above that range, you place a buy order (Buy Stop) to make a profit from the rising price and do not miss the price increase. There is a trigger price for this type of order. After activating the trigger price, your main order is activated and will be set to the market to buy.
Note: The price difference between the original order and the trigger price should not be too large.
This post is not a recommendation to buy but recommends how to order a symbol based on an analysis.

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