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 - a term used in bitcoin trading when purchasing and initiating a bitcoin trade.

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

Long Position: 'Long' acts as alternative terminology for the act of buying within Bitcoin trading. If a trader decides to go "long," this implies they are purchasing the Bitcoin instrument anticipating an upward price trajectory. When the trajectory of Bitcoin experiences an ascending movement, this market phase is conventionally referred to as a bullish market trend.

Short means selling a Bitcoin tool in a down trend. A falling Bitcoin price marks a bearish move.

Basically the term, "selling short" can be refer to selling in the btcusd markets. Traders sell short when they think a bitcoin instrument will lose value against something else, usually the US dollar. Selling means you're not holding value in bitcoin but instead holding it in the other currency.

Buy/Long

If the bitcoin price is going upward we buy, this is known & referred to 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 illustrated below shows a long/buy bitcoin trade signal.

How to Buy a Instrument

Buy/Long

Sell/Short

We sell if the bitcoin price is falling, which is called going short. When the btcusd market bitcoin trend is going down, it is called a bearish trend. The example shown below shows a downwards trend, and this is when a short sell is made. The short/sell is shown by drawing a downwards bitcoin trendline on a chart. The example 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 three types appear in the BTCUSD chart section.

BTC USD Crypto Software/Platform

This is bitcoin trading software provided by a broker to assist bitcoin traders with their trades. After downloading and installing this bitcoin software on your desktop computer, you can start trading in the Bitcoin market. All bitcoin transactions are conducted through this BTCUSD crypto platform. If you wish to familiarize yourself with a BTCUSD crypto platform, then the MetaTrader 4 BTCUSD Crypto Platform is an excellent bitcoin software to begin with.

To place bitcoin orders, open the MT4 BTC/USD platform. Open a chart. Right-click it. Select New Order. Choose buy or sell for bitcoin. See the image below. Or press F9.

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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