How Do I Trade Bitcoin Price with Different Chart Time Frames?

Example of Different Bitcoin Chart Time Frames

Bitcoin traders using technical analysis use cryptocurrency charts to try and attempt to predict the movement of bitcoin trading price on the bitcoin charts.

Traders will sometimes use two or more crypto chart time frames so as to determine the long term bitcoin trend & short term cryptocurrency trend.

How to Define A Crypto Price Trend

Using a cryptocurrency trading system that has 3 indicators - Moving Average Crossover System, RSI & MACD & using simple rules to define the cryptocurrency trend. The trading rules are:

Upward Bitcoin Trend

Both MAs Moving Up

RSI above 50

MACD Above Centerline

Downward BTCUSD Trend

Both MAs Moving Down

RSI below 50

MACD Below Centerline

The bitcoin traders using different crypto chart time-frames will need to testout various crypto chart timeframes so as to determine the best chart timeframe for them to trade.

Multiple charts time frames analysis equals using 2 chart time-frames to trade cryptocurrency trading - a shorter one used for trading & a longer one to check Bitcoin trend.

Since it's always good to follow the trend, in Multiple Timeframe Analysis, longer timeframe gives us the direction of the long term trend.

5 Minutes Bitcoin Chart Timeframe

How Do You Trade Crypto Price with Different Chart Timeframes?

1 H Bitcoin Chart Timeframe

1 H Crypto Chart Time-frame - How Do You Trade Crypto Price with Different Chart Timeframes?

4 H Bitcoin Chart Timeframe

4 H Crypto Chart Time-frame - How Do You Trade Crypto Price with Different Chart Timeframes?

Weekly Bitcoin Chart Timeframe

Weekly Crypto Chart Time-frame - How Do You Trade Crypto Price with Different Chart Timeframes?