How Many BTCUSD Chart Bottoms Confirm a Bitcoin Trend Line?
To draw a upwards bitcoin trend line a trader needs at least two bottoms
To confirm a upwards bitcoin trend line a trader needs at least three bitcoin price bottoms to touch the upward bitcoin trend line.
Example of Bitcoin Upwards Trend on a bitcoin chart
How Many BTCUSD Chart Bottoms Confirm a Trendline? - How to Use Trend-Lines in Trading
Since the btcusd trading market moves in a zig-zag manner traders normally draw a bitcoin trend line which portrays the general upward direction.
How Many BTCUSD Chart Bottoms Confirm a Trendline? - How to Use Trend-Lines in Trading
An up bitcoin trend occurs when the bitcoin price will continue to make consecutive higher highs and higher lows. Each high is higher than the previous high- higher high, and each low is higher than the previous low- higher low.
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