Limit Order Calculator

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7-Day Limit Order Calculations

These limit orders are calculated to have a good chance of execution within 7 days while offering the best possible price. Updated with each data refresh.

XRP Limit Order

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Bitcoin Limit Order

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Disclaimer: This tool provides historical price analysis only and is not financial advice. Past performance does not guarantee future results. All calculations are based on historical data patterns which may not repeat. Always do your own research before making investment decisions.
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What Are Limit Orders?

A limit order is an instruction to buy or sell an asset at a specified price or better. Unlike market orders that execute immediately at the current market price, limit orders give you precise control over your entry and exit prices.

Buy Limit Orders

Set below current market price. Will only execute if the price falls to your specified level or lower.

Sell Limit Orders

Set above current market price. Will only execute if the price rises to your specified level or higher.

Key Characteristics of Limit Orders:

  • Price Guarantee — You never pay more (or receive less) than your limit price
  • No Guarantee of Execution — Orders only fill if the market reaches your price
  • Queue Position — Orders are typically filled on a first-come, first-served basis
  • Partial Fills — Orders may be partially executed if there's not enough volume at your price
  • Time Restrictions — Can be set to expire after a certain period or remain open indefinitely
Order Type Comparison
Order Type Price Control Execution Speed Guaranteed Fill
Limit Order High Variable No
Market Order None Immediate Yes
Stop Order Medium Variable Conditional
Limit Order Example Chart

Why Use Limit Orders?

Lower Transaction Costs

Most exchanges offer reduced fees for limit orders compared to market orders. These "maker fees" are lower because you're adding liquidity to the market rather than taking it away.

Example Fee Comparison:
Exchange Market Order (Taker) Limit Order (Maker) Savings
Binance 0.10% 0.08% 20%
Coinbase Advanced 0.60% 0.40% 33%

Protection Against Volatility

In highly volatile markets, particularly cryptocurrencies, prices can swing dramatically in seconds. Limit orders protect you from:

  • Slippage — The difference between expected price and actual execution price
  • Flash crashes — Sudden, extreme price drops that quickly recover
  • Emotional trading — Panic buying or selling during market volatility
During the May 2021 crypto crash, Bitcoin dropped 30% in a day, but traders with limit buy orders at key support levels were able to accumulate at prices 20-25% below the previous day's average.

Precision in Entry & Exit Points

Limit orders allow you to execute trades at exactly the price points that align with your strategy, whether that's based on:

  • Technical analysis (support/resistance levels, fibonacci retracements)
  • Key psychological price points (round numbers like $50,000 for BTC)
  • Fundamental valuation metrics specific to the asset
Price Precision Example:

If your technical analysis shows strong Bitcoin support at $58,650, you can set a limit buy order at exactly that price rather than trying to time a market order when you see the price approaching that level.

Time Efficiency ("Set and Forget")

Limit orders enable a "set and forget" approach to trading that doesn't require constant market monitoring:

  • Place orders at your predetermined entry/exit points
  • Go about your day without watching price charts
  • Receive notifications when orders execute
  • Avoid the stress and time commitment of active trading
Remember to periodically review your open limit orders to ensure they still align with current market conditions and your strategy.

Emotional Discipline

Perhaps the most underrated benefit of limit orders is how they remove emotional decision-making from trading:

Without Limit Orders:
  • FOMO (Fear of Missing Out) drives buying at market tops
  • Panic selling during corrections or crashes
  • Hesitation to take profits when targets are reached
  • Constantly checking prices and second-guessing decisions
With Limit Orders:
  • Trading decisions made with clear head during non-volatile periods
  • Strategy execution becomes automated and systematic
  • Removes the temptation to deviate from your trading plan
  • Builds discipline and consistency in your approach

Common Limit Order Strategies

Basic Entry Strategies

Buying the Dip

Place limit buy orders at predetermined support levels to capitalize on price corrections.

1 Identify key support levels — Previous bounce points, moving averages, or fibonacci retracement levels
2 Set multiple orders — Layer buy orders at different support levels (e.g., small orders at -5%, -10%, -15% from recent high)
3 Size appropriately — Allocate more capital to stronger support levels with higher probability of bouncing

Range-Based Accumulation

Buy at the bottom of established trading ranges to accumulate assets at advantageous prices.

1 Identify a trading range — Price channels where an asset has been consolidating
2 Set buy limit orders — Near the bottom of the range (also called "buying support")
3 Use indicators for confirmation — RSI oversold conditions or bullish divergences can increase success rate

Exit Strategies

Taking Profits

Place limit sell orders at predetermined profit targets to lock in gains systematically.

1 Set realistic profit targets — Based on resistance levels, previous highs, or fibonacci extensions
2 Use the scaling-out method — Place multiple sell orders at different price targets (e.g., sell 25% at +20%, 25% at +50%, etc.)
3 Adjust based on momentum — In strong uptrends, set trailing stop-limits instead of fixed limit sells

Range Trading

Capitalize on sideways markets by selling at range resistance and buying at range support.

1 Identify a stable trading range — Look for assets with clear upper and lower boundaries
2 Set sell limit orders — Near the top of the range (resistance)
3 Set buy limit orders — Near the bottom of the range (support)
4 Repeat the cycle — Continue as long as the range holds

Advanced Strategies

Technical Indicator-Based Orders

Place limit orders based on signals from technical indicators for higher probability trades.

RSI Strategy Example:
  • Set buy limit orders 2-3% below current price when RSI drops below 30 (oversold)
  • Set sell limit orders 2-3% above current price when RSI rises above 70 (overbought)
  • Add confirmation filters like volume or moving average direction
MACD Strategy Example:
  • Place buy limit orders slightly below current price when MACD line crosses above the signal line
  • Set sell limit orders slightly above current price when MACD line crosses below the signal line

Dollar-Cost Averaging with Limit Orders

Combine the disciplined approach of DCA with the price advantage of limit orders.

1 Determine your regular investment amount — E.g., $500 per month
2 Set limit orders below market price — Place at 3-5% below current price
3 Add expiry dates — If not filled within your timeframe (e.g., 7 days), adjust or use market order
4 Repeat each period — Consistent implementation regardless of market conditions
This strategy often results in a lower average cost compared to standard DCA while maintaining the disciplined approach.
Support & Resistance Based Limit Orders
Support and Resistance Strategy
Buy Limit Orders: Place at support levels (green zones) where price has historically bounced.
Sell Limit Orders: Place at resistance levels (red zones) where price has historically struggled to break through.

Limit Order FAQs

No, limit orders do not guarantee execution. They will only execute if the market price reaches your specified limit price or better. In some cases, even if the market price reaches your limit price, your order may not be filled if:

  • There isn't enough trading volume at that price level
  • Other orders at the same price take priority (orders are typically filled on a first-come, first-served basis)
  • The price touches your limit price but moves away before your order can be filled completely
This is the fundamental trade-off with limit orders: you get price certainty but sacrifice execution certainty. If guaranteed execution is more important to you than the exact price, a market order would be more appropriate.

If the market price never reaches your specified limit price, your order will remain unfilled in the order book until one of the following occurs:

  • The order expires — If you set a time-in-force parameter like "Good-Till-Date" (GTD)
  • You cancel the order — You can manually cancel any open limit order at any time
  • The exchange cancels it — Some exchanges have maximum time limits for open orders

This is why it's important to:

  • Set realistic limit prices based on technical analysis and market conditions
  • Regularly review your open orders to ensure they still align with your strategy
  • Consider using time limits appropriate for your trading timeframe

For stock markets, whether limit orders can execute outside regular market hours depends on your broker and the type of order you place:

Standard Limit Orders

Most standard limit orders are only active during regular market hours (typically 9:30 AM to 4:00 PM ET for U.S. markets). They won't execute during pre-market or after-hours sessions unless you specifically designate them as extended-hours orders.

Extended-Hours Orders

Many brokers offer extended-hours trading, allowing limit orders to execute during pre-market (4:00 AM to 9:30 AM ET) and after-hours (4:00 PM to 8:00 PM ET) sessions. You typically need to specifically mark orders for extended-hours execution.

Important note for stock traders: Extended-hours trading typically has less liquidity and wider spreads, which can make it more difficult for limit orders to execute. Additionally, some brokers charge extra fees for extended-hours trading.

For cryptocurrencies: Since cryptocurrency markets operate 24/7, limit orders can execute at any time, regardless of the day or hour.

The duration of a limit order depends on the "time-in-force" parameter you select when placing the order. Most exchanges and brokers offer several options:

Time-in-Force Option Duration Best For
Good-Till-Canceled (GTC) Remains active until manually canceled or filled Long-term trading strategies where you're willing to wait for your price
Day Order Expires at the end of the trading day Short-term traders who don't want open orders overnight
Good-Till-Date (GTD) Active until a specified date and time Medium-term strategies with a specific timeframe
Immediate-Or-Cancel (IOC) Must execute immediately (fully or partially) or be canceled Traders seeking immediate execution without leaving open orders
Fill-Or-Kill (FOK) Must execute in full immediately or be canceled entirely Traders who need a specific quantity and aren't interested in partial fills
Pro tip: For cryptocurrency trading, where markets can be volatile, GTC orders left open for extended periods may execute at unexpected times. Consider using GTD with reasonable timeframes (1-7 days) and reassessing if your order hasn't filled.

Limit orders and stop orders are often confused because both allow you to specify a price, but they serve fundamentally different purposes:

Limit Orders

Purpose: Get a better price than the current market

Execution: Executes only at your specified price or better

Buy Limit: Placed below current market price

Sell Limit: Placed above current market price

Example: BTC is trading at $60,000. You set a buy limit at $58,000, which will only execute if the price falls to $58,000 or lower.

Stop Orders

Purpose: Trigger action when market reaches a certain price

Execution: Becomes a market order when stop price is reached

Buy Stop: Placed above current market price

Sell Stop: Placed below current market price

Example: BTC is trading at $60,000. You set a sell stop at $55,000 as protection. If price falls to $55,000, it triggers a market sell order.

Stop-Limit Orders

A stop-limit order combines features of both order types:

  • Stop Price: The trigger price that activates the order
  • Limit Price: The price at which the order will execute after being triggered

Example: BTC is at $60,000. You set a sell stop-limit with stop price at $55,000 and limit price at $54,800. If BTC drops to $55,000, your order activates as a limit sell order at $54,800, giving you price protection but not guaranteeing execution if the price falls too quickly.

Setting the right limit price involves balancing the desire for the best possible price with the likelihood of your order being filled. Here are several approaches to determining appropriate limit prices:

Technical Analysis Approach
  • Support & Resistance Levels — Place buy orders at established support levels and sell orders at resistance levels
  • Fibonacci Retracement Levels — Use 38.2%, 50%, and 61.8% retracement levels to place orders during pullbacks
  • Moving Averages — Set orders near key moving averages like the 50-day or 200-day MA
  • Trend Lines — Place orders at uptrend or downtrend lines
Percentage-Based Approach
  • Fixed Percentage Method — Set buy orders at 3-5% below current price for short-term trades, 7-10% for medium-term
  • Volatility-Based Percentage — Use the asset's Average True Range (ATR) to determine reasonable discounts (e.g., 1-2 × daily ATR below current price)
  • Volume-Weighted Average Price (VWAP) — Set orders at or slightly below the daily VWAP
Using Our Limit Order Calculator

Our calculator on the Bitcoin, XRP, and other asset pages provides data-driven recommendations for limit order prices based on:

  • Historical volatility patterns
  • Current market conditions
  • Statistical probability of execution
  • Multiple timeframes (24h, 7-day, 30-day)

These calculations balance optimal entry price with realistic execution probability, giving you scientifically optimized limit order prices.

Important: Whatever method you choose, be realistic with your limit prices. Setting buy orders too far below current price may result in orders never executing, while setting them too close may not capture sufficient discount to justify the uncertainty of execution.

Generally, most exchanges and brokers do not charge fees for placing limit orders that remain unfilled. You are typically only charged when an order actually executes.

Common Fee Policies by Market Type:
Cryptocurrency Exchanges

Most crypto exchanges:

  • No fee for placing or canceling unfilled limit orders
  • Lower fees for executed limit orders (maker fees) than for market orders (taker fees)
  • No penalty for frequent order placement or cancellation (with some exceptions)
Stock Brokers

Most stock brokers:

  • No fee for placing or canceling unfilled limit orders
  • Many now offer commission-free trading for executed orders as well
  • May have inactivity fees if account is dormant for extended periods
Forex Brokers

Most forex brokers:

  • No fee for placing or canceling unfilled limit orders
  • Instead of commissions, make money on the spread between buy/sell prices
  • May have overnight holding fees (swaps) for positions held past daily cutoff
Exceptions to be aware of:
  • Some exchanges may implement anti-spam policies that penalize excessive order placement and cancellation
  • Certain brokers may charge for advanced order types or features
  • Always verify the fee structure with your specific exchange or broker

Yes, limit orders can and often do receive partial fills, especially in the following scenarios:

When Partial Fills Typically Occur
  • Large Orders — When your order size exceeds available liquidity at your limit price
  • Volatile Markets — When price quickly touches your limit price but moves away before complete execution
  • Thin Order Books — In markets with low trading volume and gaps in the order book
  • During News Events — When rapid price movements cause fragmented liquidity
Example Scenario

You place a limit buy order for 2 BTC at $59,000. The market drops to $59,000, but only 0.75 BTC is available for sale at that exact price before the price bounces back up.

Result: Your order is partially filled for 0.75 BTC, and the remaining 1.25 BTC stays open as a limit order at $59,000, waiting for the price to return to that level.

How to Handle Partial Fills:
Standard Behavior

By default, most exchanges and brokers will keep the unfilled portion of your limit order active until it's either completely filled, canceled, or expires.

Fill-Or-Kill (FOK)

If you use a Fill-Or-Kill parameter with your limit order, it will only execute if the entire order can be filled immediately. Otherwise, none of it will execute.

Immediate-Or-Cancel (IOC)

With IOC, your order will execute as much as possible immediately, and any unfilled portion will be automatically canceled.

Fee considerations: Many exchanges calculate fees based on each fill rather than the complete order. This means partial fills could result in paying minimum fees multiple times, potentially increasing your overall transaction costs.