What is BTCUSD Price Action Trading Strategy?

Bitcoin Price action bitcoin trading strategy is use of only bitcoin price charts to trade Bitcoin, without the use of cryptocurrency trading chart indicators.

When trading with this bitcoin price action trading method, crypto candlestick charts are used. This bitcoin price action strategy uses lines and pre-determined bitcoin price action patterns such as the 1-2-3 bitcoin price action pattern that either develops one bitcoin price action pattern or series of bitcoin price action trade setups.

Traders use this bitcoin price action trading setup strategy because this bitcoin price action analysis is very objective and allows a trader to analyze btcusd trading market bitcoin price moves based on what they see on the bitcoin price charts and market movement analysis alone.

Bitcoin Price action bitcoin trading strategy is used by many bitcoin traders: even those that use technical indicators also integrate some form of bitcoin price action strategy in their overall bitcoin trading strategy.

The best use of this bitcoin price action method is achieved when the signals generated are combined with crypto line studies so as to provide extra confirmation. These crypto line studies include bitcoin trend lines, Fibo retracement, support and resistance areas.

Bitcoin Price Action 1-2-3 Breakout Pattern

This bitcoin price action bitcoin strategy uses three chart points to determine the break-out direction of a bitcoin price action.

The 1-2-3 bitcoin price action technique uses a peak & a trough, these points forms point 1 & point 2, if market bitcoin price moves above the peak the bitcoin price action signal is long, if bitcoin price action moves below the trough the bitcoin price action trading signal is to short. The bitcoin price action break-out of point 1 or point 2 forms the third point.

What's Crypto Price Action Crypto Strategy? - Crypto Price Action Setups in Crypto Trading

Series of BTCUSD price action break-outs

What's Crypto Price Action 1-2-3 Crypto Strategy? - 1-2-3 Crypto Price Action Patterns in Crypto Trading