Bitcoin Long and Short and Bitcoin Charts

In bitcoin crypto trading, there are two types of bitcoin trades, these are:

Long (buy) - long is if the bitcoin trend is buy/bullish.
Short (sell) - short is if the bitcoin trend is sell/bearish.

Buying/Long and Selling/short in Bitcoin Trading

Both terms in Bitcoin Trading, refer to things we do when open a bitcoin trade.

Buying Long - bitcoin trading term to use when buying and when opening a bitcoin trade.

Selling short - bitcoin trading term to use when selling & when registering and opening a bitcoin trade.

Long - Long is another term used to refer to buying in bitcoin trading, If a trader goes long it means that he buys the bitcoin instrument that is heading in an upward trend direction. When the bitcoin price is moving in an upward bitcoin trend the trend is known as bullish market trend.

Short - Short is a term used to refer to selling of a bitcoin instrument which is going in a downward trend direction. When the bitcoin price is going downwards then it's known as a bearish trend.

Basically the term, "selling short" can be refer to selling in the btcusd markets. Selling short is used to trade a bitcoin instrument which is predicted to depreciate in its value compared to another, when this bitcoin is sold then it is the same as not holding value in this bitcoin instrument and holding the same value in another form against which this bitcoin instrument is traded against - mostly US Dollars.

Buy/Long

If the bitcoin price is going upward we buy, this is known as going long - Therefore long is just another name for buy. When the btcusd market bitcoin trend is heading upward it is referred to as bullish, this is when a buy position is placed. A bullish bitcoin trend is identified by drawing an up bitcoin trendline on a chart. The example shown below shows a long/buy bitcoin trade signal.

How to Buy a Instrument

Buy/Long

Sell/Short

If the bitcoin price is heading down we sell, this is known as going short. When the btcusd market bitcoin trend is heading downward it is referred to as a bearish. The example shown below shows a downwards trend, this is when a short sell is placed. The short/sell is identified by drawing a downwards bitcoin trendline on a chart. The example shown below shows a short/sell bitcoin trade signal.

How to Sell a Instrument - BTCUSD CryptoCurrency Buy Long Trades & BTCUSD Sell Short Trades on BTCUSD Charts

Sell/Short - Bitcoin Buy Trade and Bitcoin Sell Trade

BTC USD Crypto Charts

A chart provides a visual representation of bitcoin prices (drawn on the y-axis) against time (drawn on the x-axis) for bitcoin crypto. The movement of bitcoin prices is drawn on these cryptocurrency charts. The cryptocurrency chart can be drawn as candlestick bitcoin charts like the one below or as line bitcoin charts or bar bitcoin charts.

Bitcoin Chart - BTCUSD Buy Long Trades & BTCUSD Sell Short Trades on BTCUSD Charts

BTCUSD CryptoCurrency Chart - Candlesticks Bitcoin Charts

The three common types of charts used in bitcoin trading are:

Candlesticks Bitcoin Charts
Line BTCUSD Charts
Bar BTC USD CryptoCurrency Charts

These 3 are explained in the topic BTCUSD CryptoCurrency Chart Types.

BTC USD Crypto Software/Platform

This is the bitcoin software which is provided by a broker to help bitcoin traders place their bitcoin trades. Once you download and installs this bitcoin software in your Desktop computer PC you then can begin to trade in the Bitcoin market. All bitcoin trades are executed through this btcusd crypto platform. If you want to learn a btcusd crypto platform, MetaTrader 4 BTCUSD Crypto Platform is a good bitcoin software to start with.

To set these bitcoin trade orders, open MT4 BTC/USD Crypto Software Platform, open a 'chart', rightclick the "chart', choose & choose the 'New Order' and then select bitcoin order either buy or sell such as illustrated below. (Shortcut key board Keys - Press "F9" Key)

Setting Buy Long and Sell Short Trades on the MT4 Software - Learn How to Use MT4 Bitcoin Platform Software

Placing Buy Long Bitcoin Order and Sell Short Bitcoin Order on the MetaTrader 4 Platform

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