Bitcoin Trading Tutorial of How to Draw Bitcoin Trend Lines in Bitcoin Trading

There are two different types of bitcoin trend-lines - upwards bitcoin trend line & downwards bitcoin trend line. The bitcoin trading step by step technique of how to draw bitcoin trendlines for upward bitcoin trend downwards bitcoin trend is described below:

Bitcoin Trading Up Ward BTCUSD Trend Line

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

How to Draw BTCUSD Trading Up Ward Bitcoin Trendline

Bitcoin Trading Down Ward BTCUSD Trend Line

To draw downward bitcoin trends we use resistance levels and to do it correctly two resistances are needed as shown on cryptocurrency trading example illustrated below.

How to Draw BTCUSD Trading Down Ward Bitcoin Trendline

How to Draw Bitcoin Trend Lines

To draw Bitcoin Trendlines in MetaTrader 4 Cryptocurrency Charts use MT4 Bitcoin Charts Drawing Tools for Drawing Bitcoin Trendlines in MetaTrader 4 Cryptocurrency Charts

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

Shown Below is examples of MetaTrader 4 bitcoin trend line plotting charts tool bar. To plot a bitcoin trendline on a cryptocurrency chart just click this bitcoin trendline drawing tool & choose the point where you want to draw the upwards bitcoin trend line or a downwards bitcoin trend line.

How to Draw Bitcoin Trend Lines on Cryptocurrency Charts in MetaTrader 4 Bitcoin Charts