Bitcoin Guide of How to Draw Bitcoin Trend Lines in Bitcoin Trading
There are two different types of bitcoin trendlines - upwards bitcoin trend line & downward bitcoin trend-line. The bitcoin trading step by step method of how to draw bitcoin trend lines for up-wards bitcoin trend downwards bitcoin trend is shown below:
Bitcoin Up Ward BTCUSD Trend Line
To draw this upward bitcoin crypto trend line set-up we use supports. To draw it correctly two support levels are needed as illustrated on the example shown below.
How to Draw BTCUSD Up Ward Bitcoin Trendline
BTCUSD Crypto Down Ward BTCUSD Trend-Line
To draw downwards bitcoin trends we use resistance levels and to do it correctly two resistances are needed as shown on example illustrated below.
How to Draw BTCUSD Down Ward Bitcoin Trendline
How to Draw Bitcoin Trendlines
To draw BTCUSD Crypto Trend-Lines in MetaTrader 4 Charts use MT4 Bitcoin Crypto Currency Charts Drawing Tools for Drawing Bitcoin Crypto Currency Trendlines on MT4 Charts
The MetaTrader 4 bitcoin crypto currency trend-line drawing tools used to draw these btcusd crypto trend line setups on the MT4 are located on the MetaTrader 4 drawing charts toolbar within MetaTrader 4 charts, To access this MetaTrader 4 charts tool-bar if it's not activated on your software, Click in 'View' Next to the 'File' menu at top left corner of MT4 platform and click the 'View', Then Click on the 'ToolBars' button, Then Tick the 'Lines Tool-Bar' by pressing on it - Bitcoin MT4 Draw Line Tools - Bitcoin MT4 Drawing Tools.
Shown Below is examples of MT4 bitcoin crypto currency trend-line drawing charts toolbar. To plot a btcusd crypto trend line on a trading chart just click this bitcoin crypto trend line drawing tool & choose the point where you want to draw the upwards btcusd crypto trend line or a downwards btcusd crypto trend-line.
How to Draw Bitcoin Trend Lines on Charts on MT4 Bitcoin Charts
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