How Do I Draw Upward Bitcoin Trend Line on MT4?

How to Draw Bitcoin Upward Bitcoin Trend Lines on MetaTrader 4

MT4 BTCUSD Trading Software BTCUSD Trend Line Drawing Tools for Drawing BTCUSD Trendlines on MetaTrader 4 Crypto Charts

The MT4 bitcoin trend-line plotting tools used to draw these bitcoin trend line setups on the MT4 are located on the MT4 drawing charts tool bar within MT4 platform, To access this MT4 charts toolbar if it is not activated on your platform, Click in "View" Next to "File" menu at the tops left corner of MetaTrader 4 platform and click the "View", Then Click on "Tool-bars" button key, Then Check "Lines Tool-bar" by clicking on it.

Shown Below is example of MetaTrader 4 bitcoin trend line plotting charts toolbar. To draw an upward bitcoin trendline on a cryptocurrency chart click this bitcoin trendline drawing tool & choose the point where you want to draw the upward bitcoin trend line.

How to Draw Bitcoin Upward Bitcoin Trend Lines on MetaTrader 4

Bitcoin Trading Up Ward BTCUSD Trend Line

When market moves up it forms higher highs and higher lows forming a bullish market movement. An upward bitcoin trend line can then be plotted by connecting these higher lows.

To draw this upwards bitcoin trend setup we use supports. To draw it correctly two support areas are needed as shown on the cryptocurrency trading example illustrated below.

Drawing a Crypto Trend-Line - Crypto Trading Up Ward Crypto Trend-Line in MetaTrader 4

Drawing a Bitcoin Channel on MetaTrader 4

A crypto channel is plotted by plotting a line that's parallel to the upward bitcoin trend line and then adjusted to touch the top boundary of the bitcoin price movement. This then forms an upwards channel & as long as the bitcoin price stays between these 2 market trend channels the bullish market movement will continue to move upward.

Drawing a Crypto Channel - Crypto Trading Up Ward Channel on MT4

How to Draw Bitcoin Upward Bitcoin Trendlines on MetaTrader 4 - Bitcoin Trend-Lines & Channels