How Do I Create a Bitcoin Trend-Line in MT4?
To add a bitcoin trend-line on MT4 platform use charting tools for drawing the bitcoin trend lines - MT4 Bitcoin Trend Lines Tools.
To create bitcoin trend lines on crypto charts in MetaTrader 4 platform, cryptocurrency traders can use the add bitcoin trend line tool provided on the MT4 software that is shown on the cryptocurrency trading example illustrated below.
How to Add a Trendline on MT4 Explained - Add Bitcoin Trend Line Tool on MT4
How Do I Create Bitcoin Trend Line? - How Do I Create a Bitcoin Trendline on MetaTrader 4?
To create a bitcoin trendlines on a cryptocurrency chart - just click the MT4 add bitcoin trend line drawing adding tool above on the MT4 platform and choose point A where you want to start adding the bitcoin trend line and then point B where you want the bitcoin trend line to touch. You can also right-click on the bitcoin trend line & on the bitcoin trend line properties option select the option to extend its ray by ticking the "ray check box", if you do not want to extend the bitcoin trend-line, then uncheck this option in your MT4 platform - bitcoin trend line properties. You can also change other bitcoin trend line properties such as color and width on this bitcoin trend line property popup window of the bitcoin trend line properties. You can download MT4 cryptocurrency trading and learn how to create and add bitcoin trend-lines & learn bitcoin trend line with MT4 Bitcoin Trend Lines Tools.
Bitcoin Trading Strategy of Bitcoin Trend Lines with Examples
There are two technical analysis strategies used to trade the bitcoin trend lines:
- Bitcoin Trendline Break
- Bitcoin Trend Line Bounce
How to Create Bitcoin Trendlines and Trading Strategy of Bitcoin Trendlines in Bitcoin Trading
The bitcoin trend-line bounce is a continuation cryptocurrency signal where the bitcoin price bounces off the bitcoin trend line and continues in the same direction as that of the cryptocurrency trend.
Bitcoin Trend Line Bounce Bitcoin Trading Strategy in Bitcoin Up Trend
- In an upward bitcoin trend, the bitcoin price will bounce upwards after hitting this crypto upward bitcoin trendline level which is the support level.
Bitcoin Up Trend - Bitcoin Trendline Bounce after Touching The Support Levels Provided by the Upwards Bitcoin Trend Line
Bitcoin Trend Line Bounce Strategy
How to Create Crypto Trend-Lines and Trading Strategy of Crypto Trend Lines in Crypto Trading
Bitcoin Trend Line Bounce Bitcoin Trading Strategy in Bitcoin Down Trend
- In a downward bitcoin trend, the btcusd trading market will bounce downwards after hitting this bitcoin trendline level which is the resistance level.
Bitcoin Down Trend - Bitcoin Trendline Bounce after Touching The Resistance Levels Provided by the Downwards Bitcoin Trend Line
Bitcoin Trend Line Bounce Strategy
How to Create Crypto Trend-Lines and Trading Strategy of Crypto Trend Lines in Crypto Trading
How to Create BTCUSD Trend-Lines and Trading Strategy of BTCUSD Trend Lines in BTCUSD Trading
The bitcoin trend-line break is a cryptocurrency reversal trading signal where the btcusd trading market goes through the bitcoin trend line and starts moving in opposite direction.
Bitcoin Trend-Line Break Strategy
When a up bitcoin trend line is broken then sentiment of the btcusd market reverses & becomes bearish
Bitcoin Upward Trend Bitcoin Trendline Break
How to Add Crypto Trend-Lines and Trading Strategy of Crypto Trend Lines in Crypto Trading
Bitcoin Trendline Break Strategy
When a down bitcoin trend line is broken then sentiment of the bitcoin reverses & becomes bullish
Bitcoin Downwards Trend Bitcoin Trendline Break
How to Add Crypto Trend-Lines and Trading Strategy of Crypto Trend Lines in Crypto Trading
NB: for very strong bitcoin trends, after this bitcoin trendline break reversal bitcoin trading signal, the bitcoin price will consolidate for some time before moving in the opposite bitcoin trend direction. For short term cryptocurrency market trends then this bitcoin trendline break reversal cryptocurrency signal will mean bitcoin price may reverse immediately.
