When Does a BTCUSD Downwards Trend Start?
Tutorial: Steps to Identify a Beginning Downwards Bitcoin Trend with Bitcoin Trading Examples
Examples of How to Know When a Crypto Trading Down Crypto Trend is Starting
The bitcoin trend is your friend. Is a popular saying among bitcoin traders because you should never go against the bitcoin trend when trading bitcoin. This is most reliable method to trade Bitcoin Trading because once bitcoin prices begin to move in one direction they can continue to move in that particular direction for quite some time - therefore using this bitcoin trend technique presents opportunity to make profits from Bitcoin Trading market.
Principles of How to Draw Downwards Bitcoin Trend Lines
Use candle cryptocurrency charts to draw bitcoin trend lines
- The points used to draw the bitcoin trend line - downwards bitcoin trend-line are along the highs of the bitcoin price bars in a bearish bitcoin market. A downward bearish bitcoin trend is defined by lower highs and lower lows.
- The points used to draw the bitcoin trend lines are extremes points - the high bitcoin price. These extreme bitcoin price points are important because a bitcoin price close beyond the extreme tells traders the down cryptocurrency trend might be changing. This is an exit bitcoin signal.
- The more often a downwards bitcoin trend-line is hit but not broken, the more powerful its crypto downward bitcoin trend signal.
